Primonial REIM begins the restructuring of Adria Tower (FR)

Primonial REIM begins the restructuring of Adria Tower (FR)

Primonial REIM France has started on the restructuring of the Adria Tower, built in 2001 in the immediate vicinity of the Esplanade at La Defense and of the urban transportation hub. This major redevelopment project, which will be delivered in 2024, will create the HOPEN Tower. Historically leased to TechnipFMC, the Adria Tower was acquired in 2013 as part of an institutional investor club deal managed by Primonial REIM France. Following the announcement from the tenant, TechnipFMC, of its departure which took effect in July 2021, Primonial REIM France proposed to the fund's partners to entirely redevelop this tower, now renamed HOPEN Tower, with the aim of turning it an emblematic tower of La Defense, a symbol of the reinvention of the business district, useful to all the players of the area.

 

The HOPEN Tower will be raised by three floors, thereby developing a surface area of 65,000m², including 58,000m² of office space. The objective of this restructuring project is to offer future users a mixed-use building that meets the highest international standards, while opening up new living spaces for the residents of the La Défense district at the foot and at the top of the Tower. The interior cleaning of the Tower has already been completed, and the cleaning of the façade was initiated in June. All the work has therefore begun, and the HOPEN Tower will be delivered in the summer of 2024.

 

Gregory Frapet, Chairman of the Management Board of Primonial REIM France, stated: "With this restructuring, we clearly wish to commit to developing a sustainable tertiary project, a new and unique place of life, deeply rooted in the Paris La Défense area and useful to everyone beyond office hours. This ambitious urban project will give rise to a new type of mixed-use tower in 2024, at the service of all the players of the area, and it will play a major role in creating future value for all stakeholders. The Hopen Tower carries and perfectly illustrates our strong convictions within office real estate and, in particular, the revitalization of the Paris La Défense district.” 

 

With this restructuring operation, Primonial REIM France aims to create new links between workers and residents of La Défense, in order to make the HOPEN Tower a symbol of the reinvention of the business district. HOPEN will feature a mixed-use plan of offices and living spaces: 58,000m² of office space accompanied by a gym and a wellness area; 2 large panoramic terraces with views of La Défense and the West of Paris; 23 hanging gardens; services including 2 restaurants dedicated to company employees; an auditorium; meeting centers; coworking spaces; food courts and cafes; 5,200m² of spaces open to the general public, including 1,400m² dedicated to associations, culture and leisure, and 2,350m² of spaces which are wholly reversible according to the future needs of the building’s users.

 

 

The HOPEN project is part of a serious environmental program and fully meets the ambition of Paris La Défense to become the first zero-carbon business district. In concrete terms, the HOPEN Tower contributes to this project with, among other things, the implementation of policies for the reuse of materials, the recovery of waste and the implementation of a zero-plastic policy. The HOPEN Tower aims to obtain the HQE and BREEAM Excellent environmental certifications, as well as the Well Gold, Well HSR and Ready to Osmoz labels. It will also be the first business tower to appoint a "CSR manager" who will ensure that the sustainable development objectives, set annually, are indeed met.

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