Real estate: a city made of wooden offices is being built outside Paris

Published by Alexandre G. · Published on 27 June 2020 at 17h45 · Updated on 29 June 2020 at 10h40
The Aboretum project by BNP Paribas Real Estate developer includes over 126,000 sqm offices entirely made of wood. Set in Nanterre, by the Seine, the pharaonic work site is said to open from summer 2020 and be delivered in two years’ time, by late 2022.

A new city made of wooden offices, on the outskirts of Paris. This is what BNP Paribas Real Estate developer intends to build starting this summer in the Nanterre-La Défense area by the Seine: an office campus only made of wood. A project called Arboretum, in tribute to the noble material, expected to cover at least 126,000 sqm.

Behind the project, there is BNP Paribas Real Estate developer in partnership with WO2. Both real estate companies have been working on the project since 2016, and entirely finance the construction. Works are said to cost 650 million euros of investments collected by both companies. all in all, the envelop collected includes 220 million euros of personal money, and 430 million euros of loans.

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In concrete words, the facility is set in five wooden buildings blending in the modern buildings. Spaced from each other, set in a pleasant geometry, the entire campus includes seven organic restaurants, a 2000sqm gym, and 14,000sqm terraces.

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And to top it all, Aboretum Nanterre-La Défense will enjoy a 25-hectare park by the Seine, all around it. A stone’s throw from the Paris Nanterre University campus, and straddling the Hoche eco-neighborhood and the Parc du chemin de l’Île, this new place is likely to become a new and intense economic work area, like the main business district of La Défense.

Practical information

Location

200 Avenue de la République
92000 Nanterre

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