Mareterra: Construction continues at pace

Mareterra, Monaco’s new eco-district, continues to take shape, with construction now at various stages across the development.

Le Renzo, Mareterra, now under construction

Le Renzo, a series of residences that are located on the westernmost edge of the new district, are now being developed.

According to La Gazette de Monaco, metal poles, which are designed to support the building, are now under construction, as well as the formwork for the ground floor.

The metal posts, which are the architectural signature of Le Renzo, are also now in progress. The metal posts of Le Renzo are designed to be reminiscent of the cradles of ships under construction. The posts will support the entire building and its 47 luxury waterfront apartments.

Development starts on Mareterra’s Periscope

Providing a link between the quays and Mareterra’s upper promenade, the Periscope’s foundations are now also in the process of being built.

Once complete, Mareterra’s Periscope will include two elevators and two staircases, providing a functional link between the different levels of Monaco’s new eco-development.

The Periscope at Mareterra will be characterised by a metal and glass structure capped with a glass roof covered in photovoltaic cells, which will help power this sustainable state-of-the-art development.

Sea wall demolished

The original sea wall, located along the Grimaldi Forum to Larvotto, is now in the process of being demolished.

The work has involved moving two monumental works of art and large plants, including mature palm trees, located between the Grimaldi Forum and the Promenade des Champions.

Scheduled for completion by the end of April 2021, the operation is being carried out jointly by the developers of Mareterra and Monaco’s Department of Urban Amenities.

Super-prime real estate in the heart of Monaco

Mareterra is one of Europe’s most ambitious construction projects and, once complete, will set a new benchmark for super-prime luxury real estate.

Designed by award-winning architects, ecologists, engineers, and designer, Monaco’s new sustainable development, formerly known as Portier Cove, will feature elegant waterfront apartments, penthouses, townhouses, and a collection of exceptionally rare villas, all built to align with Prince Albert II’s vision for the principality to be carbon neutral by 2050.

Residents at Mareterra will benefit from state-of-the-art amenities, including fitness centres, spas, and pools. The new eco-development will also include a marina surrounded by restaurants and shops, as well as tranquil green spaces, enabling guests to enjoy the very best of Mediterranean living.

With development moving at pace, Mareterra Monaco remains on schedule for its 2025 completion date.

To learn more about Mareterra, contact the team of real estate agents at Ageprim today.

Published: 24/03/21