Posted Aug 22, 2019, 6:55 PM
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Registered User
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Join Date: Apr 2018
Posts: 19
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Overview of Paris Area Construction/Development
Hello everyone,
Let me know if there is a better place to post this. My wife and I are looking to move to Paris (she is French and i am American) and I was hoping to ask a few questions about development and construction in the Paris area. I have worked at 2 general contractors and am currently an owner's rep and would be looking to do something similar. I appreciate any answers and I look forward to following more updates in the area.
- What are some of the coolest and/or largest projects going on right now?
- When something is proposed, how likely is it to happen (relative to large US cities)? One example I saw is Hermitage Plaza. If something had been approved that long ago in Chicago it would 100% be dead, whereas I saw articles from a few years ago that talked about it still.
- What is the general climate like for development and construction? Many US cities are going through a major boom, is this the case in Paris (and surrounding areas)? Are things slowing down some?
- Who are the biggest name developers there? Are there any major differences between developing there versus the US?
- What is the barrier to entry for a single person to do a development in both the city and surrounding areas?
- Who are the largest property owners? Is it usually large companies or individuals?
- How strict are the construction laws? What are some of the trickiest obstacles to construction? Nimbys, historic rules, environmental laws, approval processes, etc?
- What areas of the metro area have the most development and/or brightest future for development?
Thank you to anyone who can help answer these questions for me!
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