The "Stiftung Zukunft Opernhaus Zürich" is a charitable, tax-exempt foundation under Swiss law. It is supervised by the Occupational Pension and Foundation Supervisory Authority of the Canton of Zurich (BVS). The foundation was established on 12 December 2023 to support the forthcoming renovation and redevelopment of the Opera House under the title "Zukunft Oper".
The "Zukunft Oper" project aims to secure the Opera House’s future and, beyond that, create added value for society, urban development, tourism and Zurich as a business location. In the first half of the 2030s, a new building will be constructed directly next to the Opera House to address the severe shortage of space for opera operations. With its striking architecture facing the lake and Sechseläutenplatz, and its publicly accessible spaces, the building is intended to become another landmark of Zurich. The most compelling design will be selected in 2027 as part of an international architectural competition.