Mareterra
A transformative urban development and land reclamation project extending Monaco's territory by adding approximately 55 hectares of new land, creating the future district of Le Portier.
Mareterra is Monaco's most ambitious modern development project, fundamentally expanding the Principality's physical territory and reshaping its urban landscape. The project transforms the former Port Hercule area into a new mixed-use district combining residential, commercial, cultural, and leisure spaces.
Project Scope:
- Land addition: Approximately 55 hectares of new developable territory
- New district: Creation of Le Portier, Monaco's newest administrative district
- Mixed-use development: Residential towers, offices, cultural facilities, retail, and dining
- Port transformation: Modernised yacht basin and commercial port facilities
- Green spaces: Parks, promenades, and pedestrian-friendly waterfront areas
Sustainability Features:
- Energy-efficient building standards
- Renewable energy integration
- Water management and conservation systems
- Reduced vehicle dependency through integrated public transport
- Native vegetation and urban biodiversity
Timeline and Phases: The project unfolds in multiple phases over several years, with phased delivery of residential units, commercial spaces, and public amenities. Early phases focus on infrastructure and foundational work.
Cultural and Economic Impact: Mareterra positions Monaco for sustainable growth, diversifying its economy beyond traditional sectors while maintaining its luxury positioning. New cultural venues and public spaces enhance quality of life for residents and visitors.
The project embodies Monaco 2050 principles of environmental responsibility, economic diversification, and forward-thinking urban planning.