Kennedy Park
Luxembourg City, Luxembourg
An iconic site transformed into a new mixed-use and sustainable district in Luxembourg’s leading business district
Kennedy Park
Luxembourg City
An iconic site transformed into a new mixed-use and sustainable district in Luxembourg’s leading business district
Kennedy Park, a major urban regeneration project in Luxembourg’s leading business district
Developed by BPI Real Estate, Kennedy Park transforms the former historic headquarters of BGL BNP Paribas into an open, mixed-use and sustainable urban district, designed to remain lively and welcoming seven days a week, beyond office hours.
Spanning more than 3 hectares, Kennedy Park brings together offices, residential uses (apartments, co-living and a hotel), leisure, retail and services, all structured around a 1.6-hectare public park fully open to the city.
Previously inaccessible, this central green space becomes the heart of the district, creating a strong connection between architecture, landscape and everyday life.
By 2028, the district will be home to approximately 830 residents and more than 4,000 employees. Leading international firms such as KPMG Luxembourg and Linklaters have already chosen Kennedy Park for their future headquarters, confirming the project’s strategic positioning.
A new urban chapter for Kirchberg, serving the future of the City of Luxembourg.
Delivery date: In development – delivery horizon 2028
Architect: Schmidt Hammer Lassen Architects, Assar Architects, A2M, Moreno Architecture & Associés, Landskab
Address: J.F. Kennedy Avenue / Edward Steichen Street, 2951 Luxembourg City , Luxembourg
An architectural signature resulting from a European competition
To ensure the highest architectural, urban and landscape standards, BPI Real Estate organised a private, paid European design competition in 2024, bringing together 17 international teams, 5 finalists and 2 winning teams, selected on the basis of public interest, urban quality and sustainability criteria, systematically combining international expertise with local Luxembourg know‑how.
The buildings are designed by Schmidt Hammer Lassen Architects and Assar Architects, as well as A2M and Moreno Architecture & Associés, while the landscape concept is developed by Landskab, with Green Surf, ensuring an integrated approach and “prime” standards at every scale of the project.
1,26 hectares
Housing
3,23 hectares
Total site area
~55 675 m2
Offices
5 850 sqm
Leisure, Retail & Services
~19 450 m² sqm
Housing / Residential
A sustainable, sober and circular development
Kennedy Park is fully "future-ready”, with environmental criteria guiding every decision.
With a focus on sobriety, 48,800 sqm of existing infrastructure are being retained and will be reused, including, in particular, the underground parking facilities. Some 87,500 tonnes of construction materials have been carefully inventoried and are being sorted for reuse, recycling or recovery. For example, more than 12,000 sqm of raised floor slabs are being put back on the market. Because materials are a valuable resource, the deconstruction launched at the end of 2025 is approached as a lever for circularity.
The project incorporates the best practices of the CFE Group, both in terms of real estate development and construction techniques. The office buildings rely on optimized hybrid timber structures and high-performance construction solutions, making it possible to achieve a reduction of around 30% in embodied carbon compared to a standard office building.
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Well-being
- The existing garden will be transformed into a public park open to all (1.6 hectares)
- Creation of cool islands, rooftop gardens and tree-lined terraces, with rainwater retention
- High-quality public spaces encouraging outdoor life, relaxation and social interaction
- A balanced mix of uses fostering a lively neighbourhood beyond office hours
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Circularity
- Extensive reuse of existing underground infrastructures and structural elements
- Careful inventory, sorting and reuse of materials to limit waste generation
- Circular construction principles integrated from design to execution
- Preservation of a large share of existing infrastructure (48,800 m²)
- Reduced embodied carbon through material efficiency and smart reuse strategies
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Durability
- Environmental criteria guide every design decision of the project
- Office buildings rely on optimized hybrid timber structures
- 30% reduction in embodied carbon compared to a standard office building
- Creation of cool islands
- Aligned with the European taxonomy (NZEB -10%), targeting BREEAM®, DGNB, WELL Building Standard® and LCBI®
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Mobility
- “15-minute city”: all services accessible on foot
- Priority given to soft mobility (pedestrian and cycling paths) within the district
- Exceptional connectivity with direct access to tram, bus and major road networks (Existing parking, tram, bus, Pfaffenthal train, airport, motorways)
- Reduced reliance on private cars through mixed uses and proximity to services
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Innovation
- A new urban model combining work, living and leisure at district scale
- High-performance building design focused on long-term adaptability
- Integration of digital and smart-building solutions
- Architecture and landscape selected through international design competitions
Well-being 
Circularity 
Durability 
Mobility 
Innovation Open doors
After-sales service
Our after-sales service assists you, once the keys to your apartment have been handed over, in dealing with the actions of the company tasked with remedying any defects identified during the deliveries.
