Strategic plots of land
As a private land operator with a global vision, CBo Territoria develops part of its land reserves through large-scale development operations on strategic sites (Sainte-Marie, Saint-Paul, Saint-Leu and Saint-Pierre).
Consultation with local authorities
Each programme is developed closely with local authorities, and studies are carried out at a very early stage in the process well ahead of the work itself. They cover urban planning, landscape, environment as well as technical aspects such as roads and networks, regulatory procedures like impact studies and water law files.
The two operational procedures CBo Territoria mainly resorts to are the Concerted Development Zone (ZAC) and the development licence (formerly allotment licence).
Once all regulatory authorisations are granted, CBo Territoria can proceed with the development work. This involves carrying out groundworks, roads, networks as well as public and landscaped areas within the new districts. The quality of the public spaces is a key challenge, being an integral part of the success of the "Living Districts ("Quartiers à Vivre") and the "Business Districts ("Quartiers d'Affaires"). Development projects are complex and require several years to be completed. They subsequently serve as a basis for CBo Territoria's being able to develop multi-purpose buildings: housing, offices, shops and public facilities, intended for rental or sale.
Emblematic and sustainable projects
Since its inception, CBo Territoria has focused on the importance of issues related to sustainable urban planning.
As a result, such issues as travel ("green" mobility, use of cars, public transport), rainwater management (infiltration, retention, open-air processing), population density and the use of vegetation have been at the heart of designing new districts.
CBo Territoria's most emblematic residential development projects are the Cocoteraie in Saint-Paul in the West of the island and Beauséjour in Sainte-Marie, in the North of the island.
The former was built on a 10-hectare plot of land bordering the Indian Ocean, the Etang Saint-Paul nature reserve and the National Forest of the West.
This project provided 380 housing units, ranging from single-family homes to shared housing, 20% of which being social housing.
In addition to a meticulous architectural design, the project stands out for the quality of its landscaped areas and the layout of its main road, preventing vehicles from travelling faster than 30 km/h.
The latter and most emblematic development is Beauséjour in Sainte-Marie, built on a 65 ha site. An unprecedented undertaking in Reunion, it is a sustainable city in a tropical environment emerging from the ground (formerly exclusively sugar cane fields). Once completed this development will represent 2,300 homes.
The life-size city of Beauséjour intends to showcase an eco-neighbourhood and to offer a wide range of solutions such as: building a city centre on a slope, alternative rainwater management, social and functional diversity, and access to a public transport system on a dedicated site (TCSP).
It brings together all of CBo Territoria's know-how in terms of sustainable urban planning and offers an outstanding proximity of services, giving Beauséjour the name of "the city of the quarter of an hour".
In the commercial segment, CBo Territoria has transformed 3 industrial wastelands into true business districts (La Mare, Savanna and Grands Bois), where the Lizine by CBo Territoria coworking centres are located.
A new agricultural dynamic
The Group is working closely with the agricultural community in La Reunion, a farming expert and the SAFER, in order to rehabilitate fallow land due to unsuitable production methods and to promote farming diversification. In 2021, 9 farmers settled on 30 hectares of CBo Territoria land located in the "Bernica" area of Saint-Paul. This area had not been exploited until now due to the lack of connection to irrigation networks. This is a return to exclusively organic farming, bringing the Group's total agricultural land leased for exclusively organic farming to 100 ha, ranging from growing fruit trees to apiculture, aromatic medicinal plants,"lontan" vegetables which are old varieties of local vegetables such as cassava/manioc and lablab/zantac, and the breeding of the Moka cattle, a key heritage breed introduced to the island in the 18th century and for which few breeders are still active on the territory.
The products will gradually reach the marketplace, from 2023 for vegetables and 2027 for orchard produce. Work is underway to preserve and restore the original mule tracks built by the first settlers in the 17th century, and to improve rainwater management to prevent soil erosion, given that the land overlooks the largest lagoon in Réunion.
Land planning is one of CBo Territoria's longstanding activities.
Our Group's responsibility in this field is reflected in our ownership of 2,900 hectares of land where building land is scarce.