Papieri Cham is in high demand
The Cham Group is converting the site of the former paper factory in Cham into a quarter for living and working. The 163 rental apartments for the first construction phase have already been taken. Almost all of the associated commercial space has also been reserved.
The Cham Group announced in a statement that the first residents are due to move into the Papieri Cham high-rise as early as mid-September. She is converting the area of the former paper factory into a quarter for living and working. The first phase of construction is expected to be completed this year.
The real estate company explained in the press release that the 163 rental apartments created in the first construction phase were allocated within a few weeks. The commercial space realized in the first construction phase has already been almost completely let. Two thirds of the 61 condominiums to be built in high-rise I in the course of the second construction phase have also already been reserved. On the official marketing day on June 2, only two free apartments could have been offered on the Internet, the Cham Group reports.
In November, the first tradespeople should be able to open their studios in construction area A on Maschinengasse. Architectural and other offices, a film production company, two photo studios, a children’s painting studio and a dog grooming salon will all set up shop here. A dental practice and a pottery studio are moving into the ground floor of the L high-rise building.
The Cham Group sold its remaining paper business in early 2018. Now a pure real estate company, the Cham Group is concentrating on transforming the Papieri area into a mixed residential and working area.