Redevco unveils “Demey Park”: a sustainable and green new neighbourhood in Auderghem
August 27, 2025
Redevco, one of Europe’s largest private real estate investors, presents “Demey Park”: an ambitious project exploring the redevelopment of the retail park located in Auderghem, along Boulevard du Souverain and Avenue Gustave Demey. Once a symbol of the retail revolution of the 1960s with Belgium’s first hypermarket – which will remain on site – this single-use space is a about to start a new chapter as a vibrant, mixed-use and sustainable neighbourhood.
The project will be submitted for public consultation starting 6 September 2025, as part of a 30-day public inquiry.
A project serving the city and its residents
Part of the Herrmann-Debroux Master Development Plan (PAD), adopted in 2022, Demey Park aims to transform this vast 7-hectare site. The goal is to meet evolving societal needs in terms of housing, mobility, and living environment.
“In all our projects, Redevco places great importance on community engagement and local acceptance. The success of Demey Park depends on our ability to create a living environment that meets local expectations and instils pride among residents. At this stage of the process, we want everyone to be able to discover the project and share their feedback. We hope this new neighbourhood will be seen as an opportunity to enhance quality of life in the immediate surroundings: more green spaces, pedestrian and cycling connections, community facilities, and a diverse retail offering,” says Gilles Bourgoignie, Head of Development.
Diversity and quality of life
The future neighbourhood will offer a variety of housing types – family homes, compact units, and intergenerational living – alongside offices, shops, and community facilities such as a nursery, medical centre, and leisure spaces. This mix will foster an inclusive atmosphere where residents, workers, and visitors can interact.
The project also includes a large urban park of 24,000 m², a pedestrian public square of 5,000 m², and a shared vegetable garden. These welcoming and lively spaces will encourage social connections and community life.
Sustainable mobility and innovation
With a fully underground car park (1,064 spaces), the surface area will be dedicated to pedestrians and cyclists. Over 1,800 bicycle parking spaces are planned. Directly connected to Demey and Herrmann-Debroux metro stations, the site will be at the heart of an efficient public transport network.
Continuity of retail offer
The site’s retail offering will be maintained and enhanced to ensure continuity with its historical role and to meet the daily needs of residents and visitors. The Carrefour hypermarket and Brico store will remain on site, supported by modernised logistics and a spacious underground car park, freeing up surface space for pedestrian-friendly and community uses.
Around these two key anchors, a commercial artery will host local shops, specialised stores, artisanal businesses, and hospitality activities such as cafés and restaurants, creating a diverse and complementary offering. This setup aims to energise neighbourhood life while fostering synergies between major brands and small businesses.
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