Nexity and Mousquetaires Launch 400 Housing Units in Villeneuve-Loubet, to be Delivered by 2032
Nexity and the Mousquetaires Group have partnered to requalify a historic commercial site on the French Riviera. Signed in May 2026, this urban regeneration project plans the construction of approximately 400 housing units, totaling nearly 24,000 m² of living space within a program exceeding 30,000 m², extending until 2032.
A 30,000 m² Urban Regeneration Project between Cagnes-sur-Mer and Antibes
The project focuses on transforming the commercial site in Villeneuve-Loubet, located between Cagnes-sur-Mer and Antibes, close to Nice. The site currently hosts an Intermarché and a Bricomarché at the town's entrance and seafront. Nexity is managing the project for IMMO Mousquetaires, aiming to requalify this aging commercial complex into a new mixed and sustainable neighborhood.
According to both partners, this operation exemplifies a renewed vision of urban commerce: modernization of uses, de-impermeabilization of the site, and meeting residential needs, while maintaining commercial activity during the construction.
About 400 Housing Units and Tertiary Spaces at the Heart of the New Neighborhood
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The mixed-use program includes the construction of approximately 400 housing units, making up nearly 24,000 m² of living space. Additionally, there will be 1,175 m² of tertiary surfaces (offices) and a sports area exceeding 1,300 m². The new buildings will house the reconstructed Bricomarché and Intermarché, with a comprehensive requalification of the external spaces, circulation, and access to ensure better landscape integration and enhanced urban continuity.
An Execution Schedule Spread Over Six Years in Three Phases
The project is organized into three distinct phases. The sale promise was signed in May 2026. Phase 1, scheduled for 2028, will focus on constructing the new Bricomarché and housing units on the site of the old gas station and part of the parking lot. Phase 2, in 2030, will involve transferring the Bricomarché to the new building, demolishing the old site, then constructing the new Intermarché and additional housing units. Phase 3, in 2032, will see the transfer of the Intermarché to its new building, the demolition of the old store, and the construction of the remaining housing units.
SectorImmobilier / construction · Promotion immobilière / logement›Construction résidentielle
Context
Period
Period: 9M2025
Guidance from the release
L’activité commerciale de Nexity continue de s’améliorer au 3ème trimestre ... renouer avec une croissance rentable dès 2025.
Fin du dispositif Pinel entraînant une forte baisse des investisseurs particuliers (-45 %) ; accédants en forte progression (+26 % pour Nexity sur 9M) soutenus par l’extension du PTZ et des taux stabilisés autour de 3,1 % ; marché tertiaire en bas de cycle avec livraisons 2024 impactant le CA tertiaire 2025 ; backlog à 3,9 Md€ (?1,5 année d’activité).
Risks mentioned
Dégradation de l’environnement macro-économique (guidance conditionnelle)
Risque lié aux municipales ralentissant l’instruction des permis de construire
Baisse du marché de détail liée à la fin du Pinel (-45 % investisseurs particuliers)
Segment tertiaire en bas de cycle et absence de rechargement du backlog tertiaire
Opportunities identified
Extension du PTZ favorisant la demande des accédants et des terrains à bâtir (+41 %)
Croissance des activités d’exploitation (résidences étudiantes, coworking) avec taux d’occupation élevés
Partenariat Carrefour avec potentiel CA à terminaison estimé à plus de 2 Md€
Recalibrage de l’offre commerciale et développement sélectif améliorant les délais d’écoulement (5 mois)
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