How innovative thinking can overcome a lack of supply
Construction is well underway on Portier Cove, Monaco’s €2 billion, six hectare land reclamation project – one of Europe’s most ambitious construction projects. Completion is expected in 2025.
Portier Cove will create a new luxury residential area with public spaces that include a hill and landscaped park, a seafront promenade and a marina. There is a focus on sustainability. As the development progresses, new seabeds are being created to relocate delicate species and to ensure their protection. The finished project will include a number of sustainability features such as e-bike stations and solar-energy panels.
Given the high population density and lack of undeveloped land, Monaco has been reclaiming land from the sea since the late 19th century. The development of the Fontvieille district in the 1970s extended Monaco’s land by 20%.
How modern Monaco was built by land reclamation The Principality has been growing since the 19th century
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