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In the 1960s a German property developer, Karl Kurt Vorlop, built a hotel complex with over 1,000 beds to take advantage of the naturally occurring thermal springs and the source, which provides the water for Valser mineral water, sold in Switzerland. After the developer went bankrupt, the village of Vals bought the five hotels in development in 1983 and commissioned a hydrotherapy centre at the middle of the five hotels on the source of the thermal springs. The spa facility was built between 1993 and 1996, designed by Peter Zumthor.
In 2012, the hotel and spa, previously owned by the Vals community, was sold to the investor Remo Stoffel for CHF 7.8 million. Stoffel renamed the thermal site 7132 Therme & Hotel. Stoffel turned the spa into a luxury resort and made its access exclusive to the clients of his next-door hotel. In 2015, the architect Thom Mayne proposed a skyscrapping tower project right next to the Baths. The project sparked controversy in the field of architecture.
In 2017, Peter Zumthor complained that Stoffel was killing the social project of the Therme initially designed for the local community.

