RIVIERA
S P E C I A L R E A L E STAT E
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Large developments A number of large commercial developments have been approved across the Côte d’Azur: new municipal buildings, large-scale corporate projects, new hotels and new community centres. Fortunately, the designs getting approved these days require extensive environmental standards, mixed-use concepts and energy-saving design. Projects like the long-awaited Ikea complex in Nice finally broke ground this year. Several new projects are on the horizon, including the Palazzo Meridia, the largest wooden building in France will be offered for sale in Nice Méridia; the Grand Central, a 35,000m² complex for rent in the future ‘multimodal hub’ of the Grand Arénas and Sky Sophia is a dynamic space designed to work differently. There are also municipal projects, like the future city-centre for Mougins combining retail, residential and municipal spaces. This project was just awarded with the prestigious Marianne d’Or for its exceptional environmental standards (read more on page 47). The following pages highlight the projects making news, including a completely revamped district in Monte-Carlo. !
74,000 M² OF COMMERCIAL SPACE FILLED IN 2018 The Nice Metropole market: # 26,500 m² processed in 66 transaction requests # 7 requests between 500 m² and 1000 m² # 4 requests above 1000 m² (Spaces, Regus, KPMG and MNCA) The Sophia Antipolis market: # 45,500 m² processed and placed in 16 transaction requests: # 10 requests between 1000 m² to 2000 m² # 6 requests for more than 2000 m² (Sopra Steria, ARM, Alten, SII, IBM, Mercedes design centre, Amadeus)
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MARCH / APRIL 2019