7 boulevard Rainier III

concierge

Swimming pool

Grand Ida is more than just a building; it’s a threebuilding complex located between boulevard RainierIII and rue étroite Plati. Completion is scheduled for summer 2024. The work has been entrusted to the Monegasque construction company JB Pastor & Fils, with an estimated budget of around 220 million euros.


The project comprises three buildings: Block A, with 16 storeys, will house 218 apartments, including 163 state apartments and 55 private apartments. This building will also house the AMAPEI and a crèche. Buildings B and C, 13 and 12 storeys respectively, are reserved for public housing, with them exception of the lower floors (R+1 to R+4), which will house commercial premises and tertiary activities.


Four basement levels will house the 404 parking spaces, plus spaces for twowheelers to meet the needs of the area.

 

Beyond the construction of an imposing real estate complex, the main objective is to revitalize a neighborhood considered unattractive. A mix of activities is therefore at the heart of the project. Great importance will be attached to green spaces and pedestrians. In addition, offices and shops will be integrated to ensure that the area is not just residential.


In all, the Grand Ida will comprise a land area of around 3,850 m².


The project also aims to obtain the bronze label of the “Bâtiment Durable Méditerranéen de Monaco” (BD2M) environmental certification. This will be achieved through the addition of 2,200 m² of green surfaces, the installation of voltaic panels above the roof terraces, and a direct connection to the hotcold network of the Fontvieille waste recovery plant. These measures will help make the project more environmentally friendly and sustainable in the long term.


Our team would be delighted to provide you with further information on this project.

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