A New Extension of Monaco – New Marina Berths / Larger Port Hercules ?

A New Marina in Monaco ?



A New Marina in Monaco ?

A rendering of the possible appearance of a new marina in the Bay of Monaco, just opposite the Larvotto district.

The construction of an artificial peninsula extending from “the Portier” in Monte-Carlo is still being reviewed. After a long preselection stage, Bouygues Travaux Publics, in a consortium with other companies established in the Principality, was selected to enter negotiations with the Prince and his government from 14th January 2014. This group of companies was chosen among four bidders including the constructers Vinci , Fincantieri and Terraforma (Pastor Group).

 
This phase of negotiations will take now 12 to 18 months. During this period, the Monaco authorities and the group represented by Bouygues TP will have to finalise the terms of their potential agreement on the construction and completion of this gigantic project. Therefore nothing is final yet. After these 18 months, if the parties have not reached an agreement, the government could choose to launch a new invitation to tender or consider some of the recently discarded bidders.
 
Today, the project is destined to create an area of 6 hectares just off the Larvotto district, just below the hill of Monte Carlo. On these 60 000 m2, buildings will not exceed 10 floors in height (and in some cases not more than 6 floors). The delivery of such a project cannot be expected before 2025. We will endeavour to keep you posted until then.


MooringSpot.com - April 2014
_____________________________________________________________________________

Rendering of Cape Grace, as it could look in 2025.

In Monaco, the word has spread that new monumental construction projects are going to take place, and that the artificial island project is back on track.

 

An invitation to tender has indeed been made so that an island extending from the Larvotto district of town, between the Fairmont hotel and the under-water reserve of Monaco. The name of this new part of town has apparently already been found: “Cape Grace”.

 

The bidders had until 23rd July to submit their projects for consideration. Therefore we unfortunately cannot tell you yet what Cape Grace will look like, but it seems it will include a new marina amongst the buildings, gardens, bridges and shops. Perhaps it will even create an extension of the current Port Hercules all the way to the Larvotto, thus increasing Monaco’s capacity to welcome more boats and yachts. It seems unlikely that the construction of these new infrastructures will create the possibility for concessions over berths be sold to private individuals. Monaco has always chosen to develop its marinas gradually, keeping extensive control over its coastline. In time, we could suppose the SEPM (the company which manages both of Monaco’s existing ports) would administer the rental of the new berths created. This responsibility could also be assigned to “another collective private entity”.


The project is estimated at 1 billion Euros and could be completely delivered by 2025. Until then, all we can do is dream of what the Principality has in store for us.

 

Just to get an idea, check this video which superbly illustrates the Sea Land Project proposal:


 

 

 

MooringSpot.com - August 2013

 
 



 







 

Berths and moorings in or near Monaco Berths and Moorings on the French Riviera
   

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading