Citânia, the urban development arm of French shopping centre specialist Immochan, has received the green light for the development of Oney Banque Accord's new headquarters on the Clinic du Parque site at 34, Avenue de Flandres in Croix, near Lille.

Citânia, the urban development arm of French shopping centre specialist Immochan, has received the green light for the development of Oney Banque Accord's new headquarters on the Clinic du Parque site at 34, Avenue de Flandres in Croix, near Lille.

Oney Banque Accord is a financing firm wholly-owned by Group Auchan, one of France's largest hypermarket groups.

The project will be constructed in partnership with local developer Projectim. Citânia, said the existing clinic will be demolished and the activities will be transferred to another facility in September 2012. The new scheme is expected to offer a total of 10,000 m2 of office space as well as a hotel on completion in the first half of 2014.

This is the third development project for Citânia, which was founded by Immochan in 2008 to focus on urban renewal activities. The company recently teamed up with SEM Ville Renouvelle to redevelop 10 hectares of brownfield areas in St André-Lez-Lille while in Ivry-sur-Seine it is carrying out a 30,000 m2 mixed-use development in joint venture with BNP Paribas Real Estate.