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Transactions - NOVEMBER 1, 2023

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Multi Corporation announces mixed-use redevelopment project in Valkenswaard, the Netherlands

by Released

Multi Corp. has plans for a mixed-use redevelopment project for Valkenstaete, a neighborhood convenience center in Valkenswaard, the Netherlands.

In response to the growing housing demand in Valkenswaard, Multi Corp. will redevelop the current 5,500-square-meter (59,201-square-foot) of commercial space of Valkenstaete, into approximately 1,500 square meters (16,146 square feet) for retail use and 4,000 square meters (43,055 square feet) for the development of 79 residential units, which will be allocated for either social or affordable housing.

The project has been designed to comply with the Nearly Zero Energy Buildings (NZEB) standards. Green roofs will be incorporated into the design to help regulate temperatures in an environmentally friendly manner. A water storage system in the public areas will be implemented to create a natural water ecosystem. Additionally, each residential unit will have its own outdoor space, enhancing the quality of life for the residents.

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