The developer Agora held its cocktail reception for Mipim 2025 at the Palais des Festivals in Cannes on 11 March. Many Luxembourg professionals and Agora partners were present. In this context, AGora president Marie-Josée Vidal recalled “the importance of working closely together, particularly in these circumstances of real estate and geopolitical crisis that we are currently experiencing.”
She then noted that Belval is continuing its development in the southern part. Although planning is taking a little longer than expected, the new residential projects are scheduled to come on stream in late 2025 or early 2026. This neighbourhood is strongly family-oriented, with a mix of housing types including detached houses, small residences and two-family homes. The proximity of Um Belval park provides a balance between urban life and a link with nature, as do the small gardens adjoining the houses. Play areas complete the opportunities for children to play outdoors.
Belval Sud is more particularly designed to accommodate families. Illustration: Agora
“This neighbourhood meets national-level ambitions and will offer a sustainable and inclusive urban design,” continued Agora vice-president Bruno Théret. “To achieve this, we are using artificial intelligence, digital twins and various technological innovations that will enable us both to reduce costs and build a district where optimisation of resources is a priority. It’s also with this in mind that we’ve sized the special development plans (plans d'aménagement particuliers, PAPs) not for concrete construction, but for steel.”
The other neighbourhood in development supported by Agora is Metzeschmelz. The former ArcelorMittal industrial wasteland is being transformed into a new urban district. In recent months, demolition, remediation and clean-up work has begun. “Metzeschmelz will have 30% affordable housing,” confirms Vidal. "And among this housing, we want to develop housing for employees.” This scheme, initiated by the housing ministry, provides support to companies wishing to build housing for their employees. Through the “aide à la pierre” system, companies can receive financial support from the state of up to 70% of construction costs.
This article was originally published in .