THE NEW ESPLANADE DES PÊCHEURS OF MONACO
Every new development in Monaco is a reason for major excitement, due to scarcity of land. Since 2015, year when it was announced, the new Esplanade des Pêcheurs of Monaco has become a one-of-a-kind project, a big step in redefining the landscape of Port Hercules.
The project will be built on a 11,000 square meter lot. At the site of the former Monaco Yacht Club will be a building with an area of approximately 18,000 m² which will include 23 public housing units as well as private housing. In addition the building will also include offices and businesses.
The project will include two museums (the Museum of Man and of the Sea, and the Grimaldi Museum), as well as 52 large luxury private apartments, and 250 parking spots. The Museum of Man and of the Sea will have a total surface area of about 5,500 square meters.
The Grimaldi Museum will be half as big, with a total surface area of 2,600 square meters. This Museum will lie on the top three floors of a 5-story building (floors 1 and 2 will contain offices and retail space). The residential part of the project will have a total surface area of approximately 12,000 square meters.
The property will have 182 parking places, about 2,000 m² of public gardens, and a new direct pedestrian access that will connect the property to the Rock. 1.870 m² will be reserved for the premises of the Monegasque State as well as the service of the Maritime Police.
There will also be a 700m2 increase to the exterior space on the Esplanade to accommodate the installation needs of the television compound used during the Grand Prix, bringing the total space available to the F1 event to 5,800 m2, which can also be used for other events.
The Esplanade des Pecheurs represents a new real estate and cultural project that will be realized in the respect of the protection of the environment and the underwater life. It is also a big step in redefining the landscape of Port Hercules. As the project will occupy a very well-exposed location, it will become an integral part of the identity of Monaco, the international capital of yachting.