The ICN Development, Besix Red and Tralux Immobilier consortium acquires the Villeroy & Boch site in Luxembourg
On 3 December, the group of promoters ICN Development, TRALUX immobilier and BESIX RED signed the acquisition of the land on which Factory 1 of Villeroy&Boch was located, in Rollingergrund, Luxembourg (transfer of property through sale of shares of Rollingergrund Premium Properties). The City of Luxembourg had acquired Factory 2 in 2016.
This site of nearly 46,000 m2 of buildable area will now be called Faïencerie. Located 2 km from the city center between the residential area of Limpertsberg and the Bambësch forest, it is bordered on both sides by magnificent green forests. Faïencerie is a neighborhood for everyone, with a definitive focus on quality and the living environment.
According to ICN Managing Director Nik Coenegrachts, “Faïencerie will evolve to become a vibrant and dynamic neighborhood. Everything will be done to make sure the residents of Faïencerie feel at home there.” “With this in mind, the project will be designed to offer a new living experience to its inhabitants which contributes to their well-being,” added Gabriel Uzgen, Managing Director of BESIX RED.
The ICN Development, TRALUX Immobilier and BESIX RED partners have already been able to establish their expertise on Luxembourg territory with projects such as Parc Rischard (10,395 residential m2 developed by ICN-TRALUX), Altitude (set of administrative offices developed by TRALUX Immobilier) or the new international Ferrero headquarters, near the airport (29,500 m2 of offices developed by BESIX RED).
The historic building nicknamed Le Carré, a legacy of Villeroy&Boch, will be preserved and developed, to form the anchor point of the district and to house shops, conference rooms, restaurants and cafes. It will be a true meeting place and will form the link between the residential project and the Château de Septfontaines, dating from the 18th century and which remains the property of Villeroy&Boch.
ICN, together with the City of Luxembourg Services, plans to introduce the new special development plan (PAP) which will launch the development phase of Faïencerie at the beginning of 2020.
For more information on Faïencerie:
ICN Development SA
+352 20 20 43 15