Close
Are you a Paris real estate business owner? Add your business to the fyltyr directory!
Local Matters / Changing Landscape

The Alto Tower: a new circular skyscraper in La Défense

La-Défense-Tour-ALTO-vue1

A new cone-shaped tower is in the works, its construction part of the current refurbishment of Paris’ business district, La Défense. With funds coming from France and the United Arab Emirates, the Alto Tower will be 150 meters tall when completed in 2020.

Soon to rise up among a skyline already rich with towering office buildings, the Alto Tower will cost 200 million euros with construction due to start in September 2016.

The tower will be promoted and built by French real estate group Bouygues Construction — who has undertaken a number of building and renovation projects in La Défense of late — and funded by the Abu Dhabi Investment Authority (ADIA).

The ADIA group — managing 770 billion dollars worth of capital — had made headlines back in 2012 when it purchased 20 Haussmannian buildings in Lyon for 310 million euros.

Since then the investment fund has also acquired over 252 million euros worth of office space on the boulevard Pasteur in Paris’ 15th arrondissement, a Swiss bank headquartered in a building on the boulevard Haussman, a 65,000 m2 building in Nanterre and a business park in the Hauts-de-Seine department, in Paris’ inner suburbs, alongside various hotels and other property in London, Miami, New York and Australia.

The Alto Tower is to be built in the spot where currently stands the “Saisons” office building. Instead, the new edifice will contain much more floor space, a parking lot and a square. Designed by the agency IF Architectes, the building will be 150 meters tall and have a flared shape, thinner at the bottom and larger at the top end. The tower will measure 700m2 at its foot and 1,500 m2 at its highest point, offering almost 51,000 m2 of office space over 38 floors.

Bouygues Construction’ press release states that the building will “stand out from its counterparts thanks to a façade clad in glass scales and bold architecture.”

The Alto Tower project is part of an ongoing development initiative aimed at enhancing and expanding the La Défense business district. Construction should begin in September with the tower’s completion expected for the first quarter of 2020.

Photo credit: Illuminens

Close

Join our email list to receive our newsletter:

Join us on social media: