MONACO TOMORROW
The Principality ' s first ecodistrict , covering a total of six hectares , is soon to emerge in Larvotto . This extraordinary project initiated more than ten years ago encompasses five buildings , ten villas , a marina , a hill planted with a thousand trees , a seaside promenade and shops . Planned for delivery in December 2024 , it will give the Principality a brand new green look , with its terrain teeming with gardens . Mareterra will go down in history as a stellar achievement of Prince Albert II of Monaco .
The Managing Director responsible for the entire operation , Guy-Thomas Levy- Soussan , has kindly answered our questions .
Hello Monaco : How did this project with a truly surreal name , come about ? It ' s about making a new land out of the sea , isn ' t it ?
Guy-Thomas Levy-Soussan : This project is part of what we call “ The peaceful conquests of Monaco ”, an exhibition held in late 2021 on the Antoine 1er quay .
For 150 years , each sovereign has left his mark on the Principality ' s landscape . There was the extension of Port Hercule , that of Larvotto , the construction of the 21-hectare Fontvieille ( three times the size of this new district which is to extend over six hectares ).
The Principality ' s coastline will have a brand new look with a futuristic district where “ Monaco ' s green lungs breathe fresh and clean ”.
This project is that of Prince Albert II . It has been on the shelves for years . The first version did not really meet the Principality ' s ecological standards . In addition , the 2008 crisis undermined the course of things in terms of financing . In 2013 a new call was launched , won by the SAM " L ' Anse du Portier ", with the Concession Treaty signed in 2015 . The financing is now provided in equity by nine families , all of them having a link with Monaco .
Hello Monaco Summer — Autumn 2022 / 81 www . hellomonaco . com