It is developed in one direction WestEast

It was March 9, 2000 one of the most commented announcements during the Mipim fair, international real estate professionals, market in Cannes. The company Euro Disney had to sign an agreement with Arlington Securities Pic to start a business park. The tertiary future still missing in sector 4 of the new town, named "Val d'Europe" and located more to the East, seemed assured. Some nine years later, the Park is of course, but it is empty or almost. Four constructed buildings are leased and occupied, but they represent only 15,000 m2, just 2.5 of 660.000 provided a field to develop 180 hectares. In 2005, the Park became property of Goodman International Limited, a born real estate group in 1995 in Australia, recipient of Arlington which continued the project. "It must reach a greater critical mass to begin to constitute an offer of business district, explains Pascal Berteaud, Director-General of Epamarne, the public institution at the head of the new town." But this is explained in part by the fact that he is not served directly by the RER, one must take a shuttle to get there. "It cannot be denied that this is a handicap." The Deputy Director General Council and development strategic of Euro Disney also recognizes that the shoe pinches on the subject. "Theme parks are developed in a rapid manner, we were the only operator. We also accelerated the timetable for construction of housing, because the market was carrying, but tertiary settlements did not follow as quickly. All sectors of the new town are in competition between them. When a company search of premises shall consult the public establishment, his administration the not systematically moving toward us. "Thanks to the parks and hotels, we have more than one job for a person, while the rate is only 0.91 across marne-la - Vallée", describes Dominique Cocquet. He also explained the delay by its refusal to implement activities and logistics surfaces in this park. Today, Euro Disney shows a little more flexible and was prepared to accept that from 6 to 10 companies depart from this rule.

New and green programs

Real estate advice spare not efforts to try to convince users and investors to move to the East. Eight minutes from Roissy TGV, half an hour from the capital, the location is ideal for a business relocation, they say. 210 Euros per square metre per year on average, rents are lower than those of the offices of Montreuil or Saint-Denis, located around 250. The price differential with Noisy-le-Grand to the West of the new town is also favourable to the Val d'Europe and should guide the choice to major new programs, green. Long considered major competitors, the poles of Seine-Saint-Denis are also beginning to be saturated and offer more very large areas. The last buildings delivered on the territory of Euro Disney offer trays of 1.000 m2. Argument Lighthouse finally: the living environment. The "business parks" in the English are implanted in greenery, calm, to 100 workplaces of the poles of the small Crown dense business. The Goodman owner insists on services: business restaurants, fitness room, but also crib... "Today, developers are able to and want to start building"in white", without the guarantee to have a tenant before the end of the work", asks Guillaume Castine, responsible for sector Northeast in Jones Lang LaSalle. For the moment, the absence of stock does not capture pressed business applications. They must wait at least two years, the construction or completion of a program. However, two buildings recently delivered to Bussy-Saint-Georges, at the foot of the RER, are empty. They represent 9,000 m2, barely less than the annual placed request to the Val d'Europe. On the whole of the new town, in 2008, taking lease of buildings had 53,000 m2 for a park of 1.3 million square metres. Market the carrier is to the West where the sector 1 absorbs 24,000 m2 and which should be delivered in 2009 Platinum Plaza, a new set of 12,000 m2 in housing.

A city all in length

This low attractiveness of the market for offices is the endemic ills suffered by the new town since its conception. It is developed in one direction West-East. This extension band led planners to opt for polycentrism: Unlike the other new towns, such as Cergy-Pontoise or Saint-Quentin-en-Yvelines, marne-la - Vallée is not organized around a single centre of metropolitan area created from scratch, but around numerous nuclei urban, connected between them by the RER and motorway, the two axes of urbanization. These options do not facilitate the identification of the new town, including the perimeter and limits are often overlooked. Moreover, beyond the sectors densified along the tracks and stations, tissue is loose, thought for the car, unlike the current recommendations of planners, seeking to save space and reduce the home-work journeys.

Bussy-Saint-Georges, an eco-district of 3,000 housing units is planned, but Hugh Rondeau, Mayor of this town very indebted to banks as the State, is not prohibited to push this project if it does not aid the public establishment and other local communities. The Union of new agglomeration (SAN) Val d'Europe is, him, financially very well. In agreement with the communities which are and Epafrance, the public institution managing the future of the sector 4, Euro Disney is continuing its expansion and announces the doubling of business tourism infrastructure and the creation if the decision is made at the end of this year of the kind village. This project in the cards since 2002 is a joint venture between Euro Disney and the Group of real estate of Pierre and holidays, recreation in a territory which is outside the land allocated to Disney by the 1987 convention. It is a new park representing more than 1 billion euros of investment. If he sees the day, visitors will find some 7,000 cottages for stays of three or four days on the theme of nature. "Finally, we reached our objectives by creating 6,000 housing units, as called for in the specifications of the agreement that we signed with the State in 1987 for thirty years, says Dominique Cocquet.". We have much fewer lands than expected and we think possible to continue to build to meet the demand of the Ile-de-France. Val d'Europe was to welcome 45.000 inhabitants by 2020. However, it seems to us now more reasonable to rely on 60,000 in 2030. "The reserves are there and even if the crisis has cooled the good wishes, developers return. After a fall of 50 of the sales of housing units in 2008, the market resumed a few colors since the first quarter. "In 2007, new housing transactions amounted to 1.113 for any of the new town." This amount had dropped in 2008 to 632. "For the first quarter of 2009, we are already at 500, which makes it somewhat optimistic", says Frédérique Jaubert, responsible for economic development to the public institution.

Political and economic officials eagerly speech of April 29 of the head of State on the Grand in Paris. Nicolas Sarkozy has not forgotten the Cité Descartes, the University pole of the East. For the rest of the territory, no project identified. "It is to us to a place and to prove our strength," promises Dominique Cocquet.