The Construction Projects of Monaco

The Princes of Monaco have always undertaken ambitious real estate projects in order to develop the Principality. In perpetual evolution, Monte Carlo and the other districts have been considerably upgraded through the last decades. Discover the main construction projects of the Principality.

 

The Carré d’Or

The Casino of Monte Carlo was built with the help of François Blanc, a visionary investor who had the idea in 1863 to develop a whole district around this exceptional construction. Next to this beautiful Casino Square sit the magnificent gardens with ponds, fountains and majestic trees. The Hotel de Paris and the present Casino have emerged in 1879. Realized by Charles Garnier, the Casino houses games rooms and the Opera which bears the name of its creator and offers a cultural program all year long.

Discover the program of the Opera Garnier.

In the 70’s, facing an important level of demands, modern buildings were built. Luxury residences such as Park Palace, the Montaigne, the Floralies and later the Mirabeau are erected around the gardens, giving to the Carré d’Or its current aspect. In 2019, the area is once again modernized and welcomes 2 new constructions: the 26 Carré d’Or and it contemporary lines and the One Monte Carlo with beautiful glass facades with top of a range apartments to rent with taylor made hotel services.

Read our article on the Carré d'Or.

 

Fontvieille

In the 60’s, the construction of Fontvieille is launched. This new area of approx. 33ha increases the town’s surface and allows the erection of several buildings in a residential district called “Fontvieille Village”. Industries than settled in a little zone made for factories and offices. The New Stade Louis II is inaugurated in 1985 and offers to possibility to welcome international sport teams. It is in the heart of this beautiful stadium that the AS Monaco Football Club performed. This Shopping Center and its lot of boutiques are ready for the year 1992, Fontvieille is now equipped for the daily shopping. Luxury residences will then be installed between the park and the helipad: the Memmo Center, the Seaside Plaza, the Palazzo Leonardo…

Discover luxury apartments for sale at C.I.C. Immobilier Monte Carlo Sotheby's International Realty.

 

The Larvotto

A part of this area that features the beaches of the city was built on the sea. This residential area of approx. 21ha gave the opportunity to build beautiful buildings and luxury hotels. The Avenue Princesse Grace that goes along the Mediterranean is known as the most expensive in the world. Here are the best restaurants of the city, the congress center “Grimaldi Forum”, the Japanese Garden and most sought after residences: the 21 Princesse Grace, the Reserve, the Roccabella, the Monte Carlo Sun… In the next few years, the beaches will be modernized again with the construction of very nice promenades, shops, restaurants, private beaches and playgrounds. Our properties for sale and for rent on the Larvotto:
- La Réserve : superb 2 room flat for sale in a luxury building
- The Monte Carlo Sun: family apartment to rent with panoramic sea views
- The Pinede: exceptional waterfront villa for rent



 

L’Anse du Portier.

This new area will entirely be built on the sea. Since 2017, the project is under process and should be finished around 2025. There will be 5 modern buildings, 14 private villas, a little marina and shops. More than 60.000sqm of residential, realized in the interest of preserving local flora and fauna.

More information on the Anse du Portier.

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