Rue de Rivoli: Bringing new vibrancy to the heart of Paris

Redevelopment of 126 Rivoli, an inspiring 13,000 sqm project that brings new vibrancy to the heart of Paris
Redevco started a project to redevelop 126 Rivoli. An iconic building located on one of the capital’s main shopping streets where history, culture and commerce meet. This new mixed-use and socially engaged project, designed by Franklin Azzi Architecture, will respond to modern retail requirements and new lifestyle trends in the heart of this prestigious district where tourists and Parisians converge. The future site aims for environmental excellence. For this project BREEAM Excellent certification for both the construction and operating phases is targeted.
The work started in June 2023.
Surrounded by the capital’s most beautiful monuments, between the Louvre, Notre-Dame and the Hôtel de Ville, and only a stone’s throw from the Pont Neuf and Île de la Cité, this revitalisation project is located in the historic heart of Paris on Rue de Rivoli, one of Europe’s top-10 busiest shopping streets that attracts almost 36,000 visitors a day. An exceptional location that benefits from unrivalled accessibility and visibility, in a hyper-dynamic, fast-changing setting.

‘Beats Per Minute’
Entitled ‘BPM’, meaning ‘Beats Per Minute’, the new space at 126 Rivoli marries together significant environmental and societal ambitions, in line with the commitments and precepts of the Redevco group, whose mission is to achieve net zero carbon across all its real estate assets by 2040. A ‘beating heart’, much more than the sum of its square metres, that is destined to become a vital meeting place for mixed activities and multiple experiences, offering a year-round programme of cultural and artistic events.
July 2024
Just in time for the Olympics our monumental 126 Rivoli building has been covered by a gigantic work of art to ensure the road remains safe and pedestrians can move around freely while the façade is being refurbished. The scaffolding covers all 8 floors of the Haussmann-style building, including a rooftop, covering a total surface area of 2,500 m².
Asset Type
Mixed-Use
Sustainability
Improving BREEAM in use certification “Excellent” targeted
Rentable area
Rentable area in the future: approx. 13,000 sqm of space spread over 8 levels
Retail approx. 3,000 sqm on 3 floors,
Office approx. 4,000 sqm on 3 floors,
and roof-top garden with an exceptional 360-degree view of Paris.
Many more…
Future Tenants
To be confirmed – Retailers, urban logistics, a lifestyle hotel, a restaurant and various office tenants
Location
126 Rivoli, Paris, France