In the French papers
Now’s the time to buy in the city of Grenoble according to local estate agents. Known as the ‘capital of the Alps’, Grenoble saw the number of transactions increase by 10% year-on-year in 2016 and this year is set to do even better. Concerned that interest rates will steadily rise, buyers are hurrying to secure their purchase quickly while first-time buyers are making the most of the government’s favourable housing laws before they come to an end this winter. Despite such a favourable market, prices are not rising and remain quite variable throughout the city.
Tour Montparnasse in Paris will be revamped by five French architects and made more modern and attractive, more energy-efficient and asbestos-free. La Nouvelle AOM, the group formed by the architecture practices of Chartier-Dalix, Franklin Azzi & Hardel and Le Bihan, was announced as the winner of the international contest to design the renovation of this iconic building. The contest was launched 15 months ago by the owners of Tour Montparnasse and attracted big architectural firms from the US, the Netherlands and China. The project will be financed privately but is estimated to cost €300m as the tower will shed its dark glass panels to become transparent, and will boast planted living walls and a market garden greenhouse right at the top (pictured left).
A family home in Nantes is being built using 3D printing technology. It is the first construction project of its kind in the world, being fully compliant with French construction norms. The 95m2 property will be entirely built by the Yhnova robot, from erecting the cement walls to fitting insulation.
Towers and apartment blocks made primarily of wood are becoming more and more common in French cities. In two years’ time, a pair of wooden towers will be joining Bordeaux’ skyline and Nanterre will have a huge real estate complex made of wood by 2020. Paris looks set to follow suit a year later with two 50m-high wooden towers in the 13th arrondissement (pictured below), which will be among the highest of their kind in the world.