Media Square and Frame, two flagship projects for the Brussels media industry
With the development of Media Square and the Frame media centre in the mediapark.brussels centre, the Brussels-Capital Region confirms its commitment to the audio-visual, media and communication sector.
On 19 February 2020, the European Investment Bank (EIB) and Belgian broadcaster RTBF officially announced that the EIB would provide financing for Media Square. This new building will give the public broadcaster the cutting-edge technology it needs. The works are expected to be completed in 2022. The estimated cost of the project is 157 million euros, 60 million of which will be provided by the EIB.
The Media Square project is part of the larger mediapark.brussels. This new development centre was set up by the Brussels-Capital Region (BCR). The new 20-hectare neighbourhood around Boulevard Reyers will strengthen the existing economic fabric by promoting an ecosystem that is geared towards the media and the creative industry.
The Frame media centre, a unique collaborative platform
Frame, which is financed by the BCR and the European Regional Development Fund (ERDF), will be the first public/private/academic collaborative platform that is entirely dedicated to the media, the audio-visual and communication sectors.
The region is strengthening these sectors with this new Brussels epicentre, gathering an entire ecosystem in one 10,000 sqm building, which consists of the regional broadcaster BX1, the IHECS Academy training institute, the screen.brussels regional support structure, a co-working space, a business incubator, pooled facilities, and more. The works are set to start at the end of 2020 and are expected to last until 2022. The project’s overall cost is estimated to be 26 million euros, of which 16 million will be financed in the framework of the ERDF.