Andermatt Central II - New Residential and Commercial Space in a Central Location in Andermatt

13.07.2026 | from BVZ Holding AG

Time Reading time: 2 minutes


BVZ Holding AG
Image rights: Matterhorn Gotthard Bahn / Gornergrat Bahn / BVZ Gruppe

13.07.2026, The groundbreaking ceremony for the second phase of the residential and commercial development 'Andermatt Central' took place today in Andermatt. Modern rental apartments and office spaces will be completed by 2028 right next to the train station. Approximately 70 percent of the 51 apartments will be offered as primary residences. This provides an important contribution to creating urgently needed living space for locals and employees in the area.


Briefly summarized: - 51 new rental apartments and 825 square metres of office space

- Approximately 70 percent of the apartments intended as primary residences

- Planned completion by the end of 2028

The tourist destination Andermatt has developed dynamically over the past years. With Andermatt Central 2, another component of this development is now being realized. As with the first phase, the project is being carried out by Andermatt Central AG, in which BVZ Holding AG (BVZ), the parent company of the Matterhorn Gotthard Bahn (MGBahn), holds a 50 percent stake, while Andermatt Swiss Alps AG (ASA) and the Schmid Group each hold 25 percent.

"With Andermatt Central 2, we are creating additional living space for the local population, employees, and people who want to live and work in Andermatt. At the same time, we are investing sustainably in a location that has developed extraordinarily positively in recent years. The project combines economic attractiveness, high living quality, and responsible use of available space," says Alice Kalbermatter, Chairwoman of the Board of Andermatt Central AG and CFO of BVZ Holding AG and Matterhorn Gotthard Bahn.

Central, more central, 'Andermatt Central'

Thanks to its central location between the historic village centre of Andermatt and the Andermatt Reuss district, the immediate proximity to the train station, the Nätschen valley station, as well as the tourist and commercial offers, the development benefits from excellent accessibility and high site attractiveness. A particular focus is placed on sustainable heat and energy supply, with regional district heating based on woodchips being used. Additionally, the building is powered entirely by renewable electricity. The building envelope meets the Minergie standard, significantly contributing to high energy efficiency. The completion and commissioning of Andermatt Central 2 are scheduled for the end of 2028.

For further information: Media contact number: +41 27 927 71 41

medien@mgbahn.ch
www.bvzholding.ch
www.gornergrat.ch
www.glacierexpress.ch
www.mgbahn.ch

Editor's note: Image rights belong to the respective publisher. Image rights: Matterhorn Gotthard Bahn / Gornergrat Bahn / BVZ Gruppe


Conclusion of this article: « Andermatt Central II - New Residential and Commercial Space in a Central Location in Andermatt »


BVZ Holding AG


BVZ Holding AG is a service company employing approximately 600 staff through its subsidiaries Matterhorn Gotthard Bahn and Gornergrat Bahn in the cantons of Valais, Uri, and Grisons. The activities focus on strategic business areas in rail travel, public transport, real estate, and investments.

Under the umbrella of BVZ Holding AG, there are Gornergrat Bahn AG (100%), Matterhorn Gotthard Verkehrs AG (75%), BVZ Asset Management AG (100%), Matterhorn Terminal AG Täsch (34%), and Matterhorn Gotthard Bahn AG (50%). BVZ Holding's shares have been traded on the Swiss Exchange SIX Swiss Exchange in Zurich since its inception in 1999.

Note: The "About Us" text is taken from public sources or from the company profile on HELP.ch.

Source: BVZ Holding AG, Press release

Original article published on: Andermatt Central II - Neuer Wohn- und Geschäftsraum in zentraler Lage in Andermatt