Antibes Upgrades

mcanderson

mcanderson

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This was announced on this morning's Riviera radio news:

Port Vauban - The chamber of Commerce and Industry for the Alpes Maritimes has announced plans to modernise the port in Antibes. The plans for Port Vauban and its neighbouring port Galice are part of a 150 million euros investment over 25 years. The Chamber of Commerce and Industry already manages the ports of Nice, Cannes, Villefranche and Golfe Juan and has been managing Antibes port since January 1st. Plans reportedly include a restaurant, promenade and an underground car park.

I know one of the options for Beaulieu-sur-Mer when the lease runs out at the end of 2018 is for same body to take over the running of the port. People based in BSM are not sure if this will be a good thing or not as berths could all go to annual contracts, as they are in VF.

Any Antibes locals have any thoughts? £150M over 25 years isn't a great deal of money and if it is anything like most announcements it is more of a promise of money in later years.
 
Yup this was announced middle last week. Principal investor is Caisse des depots, who are premier league at infra investing. Details at link below and there is a link to cigs of the proposed new restaurant, yacht club, Capitainerie, etc. All seems good. Hard to tell on berths but looks like will go to annual rentals and I'd expect cdd will securitise (or similar) those to pay for the infrastructure. They're sophisticated and will know how to do that. There's brief mention that rental rates will reflect current. Nothing committed and I can't remember the word they used- might not have been "reflect".
http://www.riviera-ports.com/la-ges...uban-et-gallice-confiee-au-groupement-artemis
 
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mcanderson said:
Any Antibes locals have any thoughts? £150M over 25 years isn't a great deal of money and if it is anything like most announcements it is more of a promise of money in later years.
Click to expand...


Quite. And on a topical note, in 2 years time will the French have the money anyway, when presumably they will have to be ploughing more into the support of the Eurocrats and their misguided economics........and maybe the effect of less trade revenue from the UK? :encouragement:
 
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Preservation of the status quo appears to be the thoughts.

"déployer des tarifs concurrentiels et équitables avec la préservation de l’équilibre tarifaire de la concession"
 
Does Port Vauban need a new yacht club and restaurant? Not as far as I can see given that the old town is right on the doorstep. I suppose it will become a hang out where superyacht owners can insulate themselves from the lumpen proletariat wandering around outside. As far as I'm concerned there's not a lot wrong with how PV is now. I like the way it feels very much part of the town and I hope they don't turn it into one of those luxury marinas with security gates, barbed wire fencing and probably prices to match. Anyway in 25yrs time I'll be well past caring
 
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