Icade Promotion was granted a concession contract for the development of a mixed-use development project in Versailles.
50,000 sq.m of floor area, broken down as follows:
Following a procurement process launched by the City of Versailles, Icade was granted a concession contract for the development of a predominantly residential mixed-use development project featuring 50,000 sq.m of floor area on a 210,000-sq.m plot, on the site of the former Pion barracks in Versailles.
The project will be set in a unique location, bordering the gardens of the Palace of Versailles. It has been designed to create a next-generation garden city, a Green Oasis, where its inhabitants live immersed in nature. With this objective in mind, the project includes a micro-farm, a permaculture training centre, 150 shared gardens for its inhabitants, a nursery, an orchard and a Maison du Bois. The project’s philosophy, developed by Deyrolle, a partner of COP21, can be expressed in three words—Nature, Art and Education. Another unique feature of the site is that it will be used as a support base for the equestrian events at the 2024 Summer Olympics in Paris.
The predominantly residential project features four types of housing—namely semi-detached houses, terraced houses, maisonettes and small multi-family buildings—in order to promote architectural diversity and new ways of living.
Icade and the City of Versailles share the following project objectives:
The target project timeline runs from 2018 to 2027. The project will be divided into three phases: