In April 2015, they were talking about a 250 million euro sale. Agricultural Credit Insurances announced the purchase of Lyon's Grand Hospital by Eiffage. No monetary amount was defined for the transaction. The BTP group will pursue the vast construction site for the conversion of the old hospital bought in 2010 by the Civil Hospices of Lyon (HCL).
At the end of the construction in 2018, the site, registered as a UNESCO global heritage site of humanity, should accommodate 17,100 square meters (roughly 184,000 square feet) of businesses and restaurants as well as a tertiary hub of nearly 13,600 square meters (roughly 146,000 square feet), a five-star InterContinental hotel with 143 rooms, a 2,500 square meter (roughly 27,000 square feet) convention center, 1,000 square meters (roughly 10,800 square feet) of housing, gardens and an International City of Gastronomy.
Lyon's Mayor Is Satisfied
The cost of the construction site was reevaluated at 250 million euros after an initial number of 150 million in 2010. "It's the largest private renovation of a historic monument ever realized in France," emphasized Pierre Berger, Eiffage CEO, during the launch of 43 months of construction in April.
The Agricultural Credit Insurances is buying back the site in partnership with the Regional Fund of the Eastern Center of the Agriculture Credit. The Great Hospital is located on the Rhone on the peninsula of the center of Lyon on land belonging to HCL, with which a 99-year construction lease was signed. This is all according to a joint press release by the Agricultural Credit Insurances, Eiffage and the InterContinental Hotels Group, which marks its fifth InterContinental establishment in France.
"This allows us to overcome a decisive stage in the implementation of the Hospital project, which will become a model site as well as a very beautiful place for the people of Lyon to live," said the Senator-Mayor of Lyon, Gerard Collomb (PS) in a press release.
Are there similar renovation or adaptive reuse projects in your city? What is the most notable historic building in your community? Share your thoughts and your city's stories in the comments area below.
Original article, originally published in French on 20 Minutes, here.
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