The private co-owners of the Bobigny 2 shopping centre, Altarea Cogedim and representatives of the town of Bobigny signed a memorandum of understanding for the development of the new Bobigny town centre project on the site of the current Bobigny 2 shopping centre, close to the Pablo Picasso multimodal transport hub.

This memorandum of understanding was signed after a competitive dialogue, organised by the co-owners of the Bobigny 2 shopping centre, took place to address the revitalisation of the city's new urban centre. Winner of the competition, Altarea Cogedim will work with TVK, the architecture firm, to design a new city centre. This over 100,000 sq.m. mixed-use project will host residential units, a shopping & entertainment area, as well as offices, increasing the diversity of downtown Bobigny, a community located in the heart of Greater Paris.

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