Home » today » News » Major projects in the face of the crisis

Major projects in the face of the crisis

The economic situation is not making life easier for real estate developers, both public and private. The editorial staff provides an update on the main programs in progress.

Romain Mudrak

In Poitiers, one of the largest real estate programs to be delivered in 2023 is located in the city center, rue de la Trinité. The former diocesan house has been transformed into a seniors’ residence offering 108 apartments, from studios to 4-bedroom apartments, and 6 individual houses with associated services and the presence of qualified personnel. On site, the work is being finished. The developer Acapace plans to open no less than 13 Les Jardins d’Arcadie residences this year (64 in total at the end of the year), including, in the spring, those in Poitiers and Châtellerault where 93 apartments are also in progress. development in the former hospital retirement home.

In Pouzioux-la-Jarrie, the mobilization continues on the side of the inhabitants opposed to the construction of 45 apartments on the football stadium. The town hall will organize a public meeting in March. On the other hand, the many construction sites of the Pont-Neuf are progressing, as is the new Foyer des Jeunes Travailleurs which will welcome its first tenants at Couronneries in the coming weeks. This 2,400m building2 built in just fifteen months, compared to the usual eighteen, will be able to accommodate a hundred young people aged 18 to 30. Next door, the demolition of the emblematic tower of the district will begin in March. This year should also see the launch of another long-awaited program: the Cité de la Traverse, sold to Pulsar Immobilier in 2019. “ Archaeological excavations must be carried out but we are facing crazy delayssays promoter Alexandre Massias. We haven’t started marketing so as not to make our customers wait too long. »

Can’t build faster

Generally speaking, promoters are all confronted with a ” soaring material prices impossible to pass on to selling prices », continues Alexandre Massias. He is counting on the ingenuity of the architects and his other partners to limit the increase. Especially since this situation is coupled with an increase in interest rates on mortgages: ” Clients that could be financed six months ago are not necessarily so now. What slows down the dynamics of the market. On the side of public donors, the same problems arise. Plus another: the revaluation of the interest rate of the livret A which will drop to 3% on February 1st. However, what is good for the saver is not good for Ekidom which, like the other operators, derives a good part of its financing from it. ” Each time the livret A increases by 0.5 points, it is €1 million in additional financial charges “, explains its director Stéphanie Bonnet. Complicated, under these conditions, to build faster despite the insistence of the prefect of Vienne, Jean-Marie Girier, who recently reminded the press that 9,200 people were currently in demand for social housing in Vienne.

Public donors involved

The need for social housing continues to increase in Vienne. But the situation is not very favorable for public donors. ” The rise in the prices of materials and energy obviously concerns us, but the increase in the interest rate for the livret A will also deprive us of €2.3 million this year. », notes Elisabeth Naveau-Diop, president of Ekidom. The HLM office should thus carry out around fifty new construction projects in 2023 against eighty in 2021. On the other hand, insulation and energy performance improvement works should not suffer from the same trend. ” Our priority is the energy rehabilitation of the park “recalls the vice-president of Grand Poitiers. A way to reduce consumption in existing buildings. The prefect of Vienne, Jean-Marie Girier, met in recent days with all social landlords to take stock of their investment capacity and remind them of the needs for new constructions. Without particular announcement on the evolution of the policy of the State. 9,200 people are currently waiting for such a low-rent property. Habitat de la Vienne, present in two hundred municipalities in the department, erected 115 new housing units in 2022 and plans to build 240 this year, primarily in municipalities subject to the Urban Renewal Solidarity Act. ” For us, inflation and the livret A constitute a kind of bump which should last two or three years, according to the director of the office, Pascal Aveline. Our cash position is healthy, which should enable us to absorb increases. » Habitat de la Vienne and Ekidom each own approximately 12,000 social housing units in Vienne.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.