Paris has a massive transit project that is currently under construction called the Grand Paris Express. It consists of 4 new metro lines, 1 line extension (at both ends), 68 new stations, and 200 km of new tracks. The first phase was the extension of Line 14. That opened last year. And the new lines are planned to open in stages up until 2031. I have no idea if they're on schedule and/or on budget, but here's a map of the GPE project:
Paris has a massive transit project that is currently under construction called the Grand Paris Express. It consists of 4 new metro lines, 1 line extension (at both ends), 68 new stations, and 200 km of new tracks. The first phase was the extension of Line 14. That opened last year. And the new lines are planned to open in stages up until 2031. I have no idea if they're on schedule and/or on budget, but here's a map of the GPE project:
Here's what it looks like if you overlay all existing metro lines (note how concentrated they are in Paris proper and how they're clearly designed to bring people into the core):
Here's what it looks like if you overlay all existing tram lines:
And finally, here's what it looks like if you overlay all existing RER lines (suburban rail):
At this point, the map is getting visually pretty cluttered. But if you look at how the GPE lines compare to what's existing, I think you'll start to see just how important this project is for the Métropole du Grand Paris (or Greater Paris). It creates a new set of concentric rings in the inner suburbs and, for the first time, it will allow Parisians to travel around the region (via rail) without first passing through the core of the city. So it's in effect both an expansion and a stitching together of the city.
But let's put some numbers to this.
According to a recent memo by Apur, which looked at the economic composition of the station areas, about 21% of all salaried employees in Grand Paris are located next to one of the new 68 stations. As a total number, this works out to about 934,000 employees (2022 figure). And included in this figure is La Défense, which is the office district where Paris decided to put most of its tall buildings. This has the highest concentration of jobs at approximately 163,599 salaried employees (again, 2022 figure).
Another way to think about these station areas is that they represent what many are now calling New Paris. This is a part of Paris that is less encumbered with history and, therefore, more open to change and new ideas. This creates an exciting opportunity, and already we're seeing that take hold. Later this week on the blog, I'll talk about a specific project in Greater Paris that is currently under construction and that I was fortunate enough to tour on this trip.
We just checked into our "aparthotel" in Paris. This is the last leg of our trip, and one that will incorporate some work-related meetings.
As I mentioned in an earlier post, I plan on doing a comprehensive review of our accommodations, since this is a real estate asset class that I'm increasingly interested in. But before doing that, I'd first like to "live" here for a few days. So in the interim, here's a photo of the fire safety plan for our building that some of you may find interesting:
The building has 6 floors (remember, in Europe, you typically need to add 1 to the top floor to capture the ground level). The vide space in the middle of the floor plate is actually a courtyard that is open on one side. So graphically, these drawings aren't entirely accurate. But the two things that are most noteworthy to me are the small floor plate (only 2-3 rooms per floor) and the single exit stair.
Traveling is one of my favorite things in life. But sometimes the process of getting to where you want to go can be suboptimal. Thursday was one of those days. Bianca and I were flying Air France to Paris and then had a connection to the south. But about 5 hours into our flight, they shut off all the TVs and informed us that, due to a technical issue with the plane, we'd be making an emergency landing in either Dublin or Brest (in northwest France). The technical issue was an unidentified burning smell.
We ended up at Brest Bretagne Airport and got the opportunity to explore this small and almost food-less airport for about 10 hours. For some reason, they had to split our flight into two planes. So what Air France did was fly a special plane to Brest to pick up and fly group number one to Paris, fly it back to Brest to pick up group number two, and then return to Paris. We were in group number two. By the time we arrived in Paris it was close to midnight local time and we had, naturally, missed our connection a long time ago.
Here's what it looks like if you overlay all existing metro lines (note how concentrated they are in Paris proper and how they're clearly designed to bring people into the core):
Here's what it looks like if you overlay all existing tram lines:
And finally, here's what it looks like if you overlay all existing RER lines (suburban rail):
At this point, the map is getting visually pretty cluttered. But if you look at how the GPE lines compare to what's existing, I think you'll start to see just how important this project is for the Métropole du Grand Paris (or Greater Paris). It creates a new set of concentric rings in the inner suburbs and, for the first time, it will allow Parisians to travel around the region (via rail) without first passing through the core of the city. So it's in effect both an expansion and a stitching together of the city.
But let's put some numbers to this.
According to a recent memo by Apur, which looked at the economic composition of the station areas, about 21% of all salaried employees in Grand Paris are located next to one of the new 68 stations. As a total number, this works out to about 934,000 employees (2022 figure). And included in this figure is La Défense, which is the office district where Paris decided to put most of its tall buildings. This has the highest concentration of jobs at approximately 163,599 salaried employees (again, 2022 figure).
Another way to think about these station areas is that they represent what many are now calling New Paris. This is a part of Paris that is less encumbered with history and, therefore, more open to change and new ideas. This creates an exciting opportunity, and already we're seeing that take hold. Later this week on the blog, I'll talk about a specific project in Greater Paris that is currently under construction and that I was fortunate enough to tour on this trip.
We just checked into our "aparthotel" in Paris. This is the last leg of our trip, and one that will incorporate some work-related meetings.
As I mentioned in an earlier post, I plan on doing a comprehensive review of our accommodations, since this is a real estate asset class that I'm increasingly interested in. But before doing that, I'd first like to "live" here for a few days. So in the interim, here's a photo of the fire safety plan for our building that some of you may find interesting:
The building has 6 floors (remember, in Europe, you typically need to add 1 to the top floor to capture the ground level). The vide space in the middle of the floor plate is actually a courtyard that is open on one side. So graphically, these drawings aren't entirely accurate. But the two things that are most noteworthy to me are the small floor plate (only 2-3 rooms per floor) and the single exit stair.
Traveling is one of my favorite things in life. But sometimes the process of getting to where you want to go can be suboptimal. Thursday was one of those days. Bianca and I were flying Air France to Paris and then had a connection to the south. But about 5 hours into our flight, they shut off all the TVs and informed us that, due to a technical issue with the plane, we'd be making an emergency landing in either Dublin or Brest (in northwest France). The technical issue was an unidentified burning smell.
We ended up at Brest Bretagne Airport and got the opportunity to explore this small and almost food-less airport for about 10 hours. For some reason, they had to split our flight into two planes. So what Air France did was fly a special plane to Brest to pick up and fly group number one to Paris, fly it back to Brest to pick up group number two, and then return to Paris. We were in group number two. By the time we arrived in Paris it was close to midnight local time and we had, naturally, missed our connection a long time ago.
Air France was great, though. They set us up in a nice hotel (Pullman by Accor), gave us boxed dinners, toiletry bags, and complimentary Air France t-shirts, and scheduled us on a new flight first thing in the morning. But then, airport staff found an unidentified bag at Charles de Gaulle. So naturally, the airport went into lockdown. I later learned that when situations like this happen, and they can’t figure out who the bag belongs to, they will often use something known as a water cannon disruptor to neutralize what could be a bomb.
As I understand it, the way it works is it shoots out a high-velocity jet of water that rips through the bag and any possible wires and switches before they have time to detonate any explosives. Most of the time it’s just a bag that somebody carelessly forgot at the airport, but you never know. Safety first. Apparently this happens relatively often at large airports like CDG.
Once that safety protocol was complete, and the bang of the cannon had gone off, we were on our way, only to discover that we had already missed the last airport train. So the final leg of our journey to Paris ended up being us splitting an Uber with a nice French woman who was just in Toronto visiting a host family that she lived with to learn English. That was our travel "day."
But now that the traveling part is over, it's time for the fun bits. So, what can you expect on this blog?
As usual, I'll be posting daily. But expect more travel-related content and photoblogs. The laser distance measuring of impossibly narrow streets. Gratuitous posts about European-style urbanism. A comprehensive review of the "aparthotel" we booked in Paris (which also happens to be a real estate asset class that I'm increasingly interested in). And likely some takeaways from the meetings I have scheduled with French architects and developers.
Enjoy the long weekend, everyone.
Cover photo taken at Brest Bretagne Airport during our 10-hour layover
Air France was great, though. They set us up in a nice hotel (Pullman by Accor), gave us boxed dinners, toiletry bags, and complimentary Air France t-shirts, and scheduled us on a new flight first thing in the morning. But then, airport staff found an unidentified bag at Charles de Gaulle. So naturally, the airport went into lockdown. I later learned that when situations like this happen, and they can’t figure out who the bag belongs to, they will often use something known as a water cannon disruptor to neutralize what could be a bomb.
As I understand it, the way it works is it shoots out a high-velocity jet of water that rips through the bag and any possible wires and switches before they have time to detonate any explosives. Most of the time it’s just a bag that somebody carelessly forgot at the airport, but you never know. Safety first. Apparently this happens relatively often at large airports like CDG.
Once that safety protocol was complete, and the bang of the cannon had gone off, we were on our way, only to discover that we had already missed the last airport train. So the final leg of our journey to Paris ended up being us splitting an Uber with a nice French woman who was just in Toronto visiting a host family that she lived with to learn English. That was our travel "day."
But now that the traveling part is over, it's time for the fun bits. So, what can you expect on this blog?
As usual, I'll be posting daily. But expect more travel-related content and photoblogs. The laser distance measuring of impossibly narrow streets. Gratuitous posts about European-style urbanism. A comprehensive review of the "aparthotel" we booked in Paris (which also happens to be a real estate asset class that I'm increasingly interested in). And likely some takeaways from the meetings I have scheduled with French architects and developers.
Enjoy the long weekend, everyone.
Cover photo taken at Brest Bretagne Airport during our 10-hour layover