Meunier Habitat has win a contract for the conversion of 34.000 m²in flats and businesses responding sustainable development targets in the 19th district of Paris.

"A 50% energy consumption reduction compared to the current regulation and 30 % renewable energies use" are foreseen in the new constructions. This operation is "the most ambitious ever realized in Paris in terms of sustainable development", affirms Meunier Habitat, who joined the city of Paris and Axentia, a social housing company and subsidiary of CEG Habitat (Caisses d'Epargne group).

This project will take place in the Claude Bernard ZAC (Urban Development Zone), andwill be composed by 150 social housing, 120 private housing as well as an establishment for the dependent elderly. "Meunier was the first developer to obtain environmental labels in Ile-de-France", reminded us RenéMetz, chairman of Meunier and EspacesImmobiliersBNP PARIBAS. Roger Madec, mayor of the 19th district specifies that "this realization will be accompanied by the strengthening of the public transportation offer, through the EoleEvangilestation in seven years and the T3 tramway extension due for 2012". The completion of this project is scheduled for 2010.

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