The €2.3 Bn project, courtesy of Valode & Pistre Architects
date 2 August 2018
Last week the symbolic unveiling of the first caisson for the Monaco offshore urban extension project took place. The €2.3 billion project is one of the largest construction projects in the Mediterranean area.
The ceremony marked the first visible stage of what is a symbolic project for the Principality.
Seventeen further caissons will join this first structure over the course of the next 12 months, to create a protective belt designed to counter the sea swell. The maritime infrastructure will be fully completed by 2020.
The future eco-district, which has been named Portier Cove, will extend over six hectares and will comprise:
· 60,000 m² of space
· A one-hectare public park
· A 3,000 m2 retail area
· A 9,000 m2 extension for Grimaldi Forum Monaco
· A marina with approximately 30 moorings
· Public facilities, including a 160-space car park
Source: Gouvernement Princier