A former papermill in Zurich, Switzerland has been transformed into Sihlcity - a 100,000 square meter mixed-use development containing shopping, restaurants, a cinema, offices, a hotel, and health facilities. Sihlcity opened in 2007 and now attracts 19,000 daily visitors. It is owned by Swiss Prime Site AG and Credit Suisse Real Estate, who invested 600 million Swiss francs and generate 46 million francs in annual rent.