Nearly a year after the laying of the foundation stoneThe Isabella residence is taking shape in Friar's Bay. The President of the Collectivity, Louis Mussington, and the 2nd Vice-President, Bernadette Davis, visited the construction site on Monday, August 24th, a project spearheaded by SIKOA, subsidiary of the group Housing ActionThe delivery of the 14 housing units is scheduled for first semester 2027, with model homes expected as early as next October.
Located on a plot of land measuring 2996m² Comprising a vacant house and a vacant plot of land, the project combines rehabilitation and new construction. The residence will offer seven T2s, four T3s and three T4sall have a terrace. social housing, with a surface area between 59 and 85m², are designed according to current standards of energy sobriety, particularly with solar water heaters.
The project represents an investment of approximately 4M €The local authority contributes nearly €577.000 subsidy and provides a loan guarantee of 1,76 million eurosIn return, she will have reservation rights on half of the accommodationsThe arrangement also involves Action Logement and SIKOA.
A response to the needs of the territory
These intermediate housing units are intended primarily for employees of Saint-Martinin an area facing severe housing shortages. The project also allows for to enhance the value of a site and a building that have remained vacantDuring the laying of the foundation stone in September 2025, Louis Mussington had emphasized the symbolic significance of the operation, believing that it demonstrated a shared commitment to the sustainable development of housing in Saint-Martin. Since then, the project has continued with the involvement of local companies.
The Isabella residence is part of a broader strategy by Action Logement and SIKOA, which includes 1.800 additional housing units in Saint-Martin, including 800 social housing units by 2030This dynamic stems in particular from the agreement signed in February 2025 between the State, the local authority, and Action Logement, enabling the mobilization of Employers' Participation in the Construction Effort (PEEC) within the territory. _Vx
See as well : https://www.faxinfo.fr/urbanisme-residence-isabella-un-nouveau-souffle-pour-le-logement/
