The plans for the future Hôtel des Postes situated on Rue Aldringen have been revealed. A bar, a restaurant and most importantly a hotel, just as the City of Luxembourg wished, as well as shops with personal services and coworking areas will all be part of this development. The project will be carried out by Post Luxembourg, in partnership with the French developer Artea. Post is to invest 51% in the conversion and renovation, while Artea will be investing 49% in a financing and construction company. Together, these investments amount to 50 million euros. Artea will provide an additional budget to operate the premises, which should open by 2023. Work is expected to begin at the end of this year.