Regulatory Filings • Mar 15, 2016
Regulatory Filings
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Paris, 14 March 2016
Following a competitive dialogue process, the project put forward by Nexity, Altarea Cogedim and Pitch Promotion has won the bid to develop the Belvédère neighbourhood located within the ZAC Garonne-Eiffel mixed development zone as part of the "Bordeaux Euratlantique" Project of National Interest. The 140,000 sq.m project, devised in partnership with architecture and urban planning firm Güller+Güller, agency Hondelatte-Laporte and landscaper Gross Max, aims to build a "high quality of life" neighbourhood for all residents at the heart of the Bordeaux urban area.
Euratlantique is a major Project of National Interest kicked off in 2010 at the initiative of local elected officials and the French government to develop the region ahead of the arrival of the high-speed rail link that will shorten the journey time from Bordeaux to Paris to two hours with effect from July 2017.
As part of the project, the Belvédère neighbourhood, in the heart of the ZAC Garonne-Eiffel mixed development zone, is one of the key developments on the Right Bank of the Garonne. It will provide future residents with an unrestricted view of the historic city, which is a UNESCO World Heritage site. Located at one end of the Saint-Jean bridge, the new Belvédère neighbourhood will cover a total buildable floor area of 140,000 sq.m and will host offices, homes, shops, services, business premises, a hotel, an apartment hotel for business clients and an emergency accommodation centre for people living in situations of extreme social vulnerability, as well as cultural and events facilities fit for a major city. Social housing operators backing the project include Clairsienne and ICF Habitat Atlantique.
The choice of the winning team was guided by an emphasis on dialogue and collaborative working. The innovative, high-quality winning project meets the requirements set forth by the regional public planning agency (Etablissement Public d'Aménagement Bordeau-Euratlantique) for sustainable neighbourhoods promoting the well-being of residents, social cohesion, the prevention of climate change and the protection of natural resources.
In its proposal, the team favoured bold urban options to make the new district a vibrant place to live by working on the design and general spatial organisation of the riverside district as well as on views and landscaping, optimisation of urban density and the integration of traffic flows resulting from the bridge and the railway.
The project is built on four foundations:
To make the neighbourhood a genuine belvedere or panoramic viewpoint, the team opted to open up the central square to look over the "Ville de Pierre", an 18th century heritage site, and to make it a lively and vibrant space open to multiple uses. Designed as an "urban theatre" around the "ET0" pavilion hosting cultural activities, entertainment and food, the square's buildings, whose ground floors will house restaurants, shops and services, form a balcony looking over the banks of the Garonne and the Parc aux Angéliques.
To create a continuous link between the river and the hills, the team designed a staggered skyline to act as a landscaped green space that blends harmoniously with the Ville de Pierre on the Left Bank. Offering views for all residents, with roof gardens and terraced gardens, the buildings are gradually spaced out to create a continuing belvedere effect.
The team's design incorporates a variety of different facades along Boulevard Joliot Curie to break up the boulevard's linear monotony. This series of facades, broken up by crossways, adds to the feel of a local neighbourhood and stops the boulevard from acting as an urban barrier.
As well as focusing carefully on the height of its buildings, the team worked hard to create a balance between the intensity of urban life and the need for peace. Allée Deschamps has been designed as a landscaped mall intended to become an "oasis of calm", providing a counterpoint to the hustle and bustle of the square and the boulevard: around a public promenade, it will incorporate community gardens, private street-level gardens, and play and leisure areas.
The winning team's design was guided by an exemplary collaborative approach worthy of the challenges faced – an approach that will continue throughout the project's development phase. The team will incorporate new design, delivery and urban management methods, in particular by using BIM/CIM (building information modelling/city information modelling) at neighbourhood level.
70,850 sq.m of floor area for around 1,113 residential units, broken down as follows:
| LOW-INCOME RENTAL HOUSING | 35% |
|---|---|
| INTERMEDIATE RENTAL HOUSING | 5% |
| LOW-INCOME HOME OWNERSHIP | 10% |
| AFFORDABLE HOME OWNERSHIP | 5% |
| UNRESTRICTED HOME OWNERSHIP AND SERVICED RESIDENCES |
45% |
Overall aerial view © Güller Güller architecture urbanism – A2 Studio
View of the main square from the banks of the Garonne © Güller Güller architecture urbanism – A2 Studio
View from the other side of the railway © Güller Güller architecture urbanism – A2 Studio
View of Allée Deschamps at the heart of the neighbourhood © Güller Güller architecture urbanism – A2 Studio
A street-level private garden on Allée Deschamps © Güller Güller architecture urbanism – A2 Studio
View over the Left Bank and the Ville de Pierre © Güller Güller architecture urbanism – A2 Studio
Nexity offers the widest range of advice and expertise, products, services and solutions for private individuals, companies and local authorities, so as to best meet the needs of our clients and respond to their concerns.
Our business lines – real estate brokerage, management, design, development, planning, advisory and related services – are now optimally organised to serve and support our clients. As the benchmark operator in our sector, we are resolutely committed to all of our clients, but also to the environment and society as a whole.
Nexity is listed on the SRD and on Euronext's Compartment A Member of the indices: SBF 80, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All Tradable Ticker symbol: NXI - Reuters: NXI.PA - Bloomberg: NXI FP ISIN: FR0010112524
Blandine Castarède – Head of Communication and Brand Strategy / +33 (0)1 85 55 15 52 – [email protected] Anne Gindt – Press Contact / + 33 (0)1 85 55 10 54 – [email protected] Amélie Laroche-Truong – Head of Investor Relations / + 33 (0)1 85 55 15 49 - [email protected]
Altarea Cogedim is a leading property group. As both a commercial land owner and developer, it operates in all three classes of property assets: retail, residential and offices. It has the know-how in each sector required to design, develop, commercialize and manage made-to-measure property products. With operations in France, Spain and Italy, Altarea Cogedim manages a shopping center property portfolio of €4.5 billion. Listed in compartment A of Euronext Paris, Altarea had a market capitalization of €2.3 billion at December 31, 2015.
Nathalie Bardin, Director of Institutional Relations, Communication and Corporate Forecasting / [email protected] – +33 (0)1 56 26 25 53 / +33 (0)6 85 26 15 29 Valérie Jardat, Côté Jardat Agency / Press Officer / [email protected] – +33 (0)1 41 05 94 10 / +33 (0)6 12 05 18 35
Pitch Promotion has rooted its development in core values that have made the group's name: exacting standards, commitment and responsiveness. Finding solutions that best meet our clients' needs, are most attractive to investors and are most sustainable for future generations: these are the foundations on which the Pitch Promotion group has built its business. After 26 years in operation, the group's motto, "Building the Future Together", has never been more relevant and present in the hearts and minds of all the group's staff, who are committed to serving communities.
Pitch Promotion currently has almost 160 employees and generates annual revenue in excess of €300 million excluding taxes. The group has a proven track record of strong growth in markets including offices, residential, logistics and business, city centre retail, hotels and public facilities. In the residential market, Pitch Promotion has delivered almost 1,300 residential units this year. While 60% of the group's business is in the Paris region, it also operates in the major regional centres of Toulouse, Lyon, Aix-en-Provence, Bordeaux, Montpellier and Nice.
Gérard de Pablo, Director in charge of Institutional Relations and Communication / [email protected] – +33 (0)1 42 68 33 35
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