Herzog & de Meuron via AP
URBAN PLANNING – No, the Tour Triangle project in the south of Paris is not stopped. While several court decisions complicate the implementation of this controversial project, its promoter announced Monday, November 1 the imminent start of the site.
The Unibail-Rodamco-Westfield (URW) group, which owns several shopping centers in the capital (including that of Les Halles in the center of the city) has indicated that it has joined forces with the insurer Axa to finance the project. In a press release, he said he wanted to launch the site “by the end of the year”.
The mayor of Paris recently put pressure on URW since it had given an ultimatum at the end of October to sign the construction lease. Only the Covid crisis had complicated the situation for the promoter whose activities were largely affected by the closure of so-called “non-essential” businesses. If it resumed in the third quarter of 2021, the group’s turnover had melted over the past 18 months. Enough to call into question the funding of 700 million euros to bring this Triangle Tower out of the ground.
A tower of 180 meters and 42 floors
Axa’s financial contribution should therefore make it possible to complete the idea launched in 2008 by Bertrand Delanoë. It germinated in the studios of the Swiss architectural firm Herzog et de Meuron (at the origin of the famous “Bird’s Nest”, the Olympic stadium in Beijing) and is due to see the light of day in the 15th arrondissement, in the enclosure of the Par exhibitions of the Porte de Versailles. This 180-meter tower will be made up of 42 floors; it must contain a four-star hotel, a health center, a cultural space but also a huge coworking space.
If the financing of the project now seems assured, that does not remove all the doubts about the effective construction of this tower which is the subject of strong contestation. For example, the courts recently opened a preliminary investigation for “favoritism” around the concession on which this tower is to be built.
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