The building will be refurbished into a new mixed-use and socially engaged project, designed by Franklin Azzi Architecture. The work started in June 2023. The project has been awarded BREEAM Excellent certification for both the construction and operating phases.
Once redeveloped the Haussmann building will offer 13,000m2 of space spread over 8 levels, with 3,000m2 spanning over three dedicated to retail, four floors and 4,000m2 secured for offices, urban logistics, a lifestyle hotel and a restaurant, all nestling under an extensive roof-top garden with an exceptional 360-degree view of Paris.
The new building is entitled BPM, which stands for beats per minute. The new space at 126 Rivoli marries together significant environmental and societal ambitions, in line with the commitments and precepts of the Redevco group, whose mission is to achieve net zero carbon across all its real estate assets by 2040. A ‘beating heart’, much more than the sum of its square metres, that is destined to become a vital meeting place for mixed activities and multiple experiences, offering a year-round programme of cultural and artistic events.
