The FADESA Group will develop two 42-story skyscrapers in the metropolitan area of Paris. With a foreseen total investment of €500 million, the skyscrapers will count with state-of-the-art architecture and design.
FADESA, through its French subsidiary, Financière Rive Gauche FADESA, has closed an agreement with Levallois - Perret Town Council for the development of the Levallois Towers project. The presentation of the project took place this morning in the Town Hall, chaired by the Mayor of Levallois, Patrick Balkany, who is also Member of Parliament for Hauts-de-Seine, and Manuel Jove Capellán, Chairman of the FADESA Group, in the presence of other national and local authorities.
Levallois Towers is located in the district of Collage Front de Seine, just half a kilometre from the business district of Paris-La Défense and 4.5 kilometres from the Eiffel Tower. FADESAs project will make for 110,000m2, of which offices and shops will take up 90,000 m2, with the remaining 20,000 m2 dedicated to a hotel. The Levallois Towers will be 165 metres high and will also include 1,600 parking places.
Levallois Towers is FADESAs first major project in France, following its entrance into the French market, middle last year, via the acquisition of 70% of the company Financière Rive Gauche. Through its subsidiary, FADESA is also at an advanced stage with studies for several property developments in the regions of Paris, Lyon and Rhône Alpes.