COMPANIES & STRATEGIES - ARCHITECTURE + REAL ESTATE

Property development

Immobel acquires TotalEnergies property to build housing



The Luxembourg offices and one of TotalEnergies’ fuel stations, located on the site, will continue to operate until 2024 or the beginning of 2025. After their demolition the construction of the new residence building will start in spring 2025.  Photo: Jan Hanrion (Maison Moderne archive

The Luxembourg offices and one of TotalEnergies’ fuel stations, located on the site, will continue to operate until 2024 or the beginning of 2025. After their demolition the construction of the new residence building will start in spring 2025.  Photo: Jan Hanrion (Maison Moderne archive

Immobel, a Belgian property developer active in Luxembourg, will transform a TotalEnergies fuel station and office into a residential building after acquiring the two plots in the capital.

Located at 310-312 Route d’Esch in Luxembourg City the land lots will allow Immobel to build the new residence in at the junction between the growing Cloche d’Or district and Cessange. The approximately 10,000m2 of space will be transformed in 135 housing units. With this project Immobel aims to continue its sustainable urban development strategy. While proximity to public transport and the growing demand for housing in the capital have made these two plots an attractive opportunity for the property developer.

“In this rapidly changing economic and social context, our project aims to anticipate the specific expectations of its future residents. This development will be based on our sustainable development matrix aimed at improving the quality of life of users while reducing the carbon footprint,” said Muriel Sam, Head of Development Immobel Luxembourg in a press release.

The Luxembourg offices and one of TotalEnergies’ fuel stations, located on the site, will continue to operate until 2024 or the beginning of 2025. After their demolition the construction of the new residence building will start in spring 2025. It is scheduled to be completed within 24 months.

“Immobel has been selected following a request for tenders. Throughout the process, they persuaded us to opt for a global change of use of the two plots to the benefit of a programme that is mostly residential, anchored in sustainability and the creation of value,” said Patrick Schnell, Managing Director of TotalEnergies Marketing Luxembourg.