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    Avenue Princesse Grace

    From Wikipedia - Reading time: 3 min
    Grace Kelly, in To Catch A Thief, points towards the road (circled) which was later named after her.
    Avenue Princesse Grace in 2015
    Avenue Princesse Grace viewed from the Monte-Carlo Bay Hotel & Resort at the France–Monaco border

    The Avenue Princesse Grace is an avenue in the Larvotto ward of Monaco. It is named after Grace Kelly, Princess consort of Monaco. It is the most expensive street in the world according to Engel & Völkers.[1][2][3] In other words, property along this street is on average worth $17,750 per square foot and each square metre £73,000.[2][3]

    History[edit]

    Most of the land of the Larvotto district was purchased by Gildo Pastor in the aftermath of World War II.[4] In 1966, Rainier III, Prince of Monaco allowed him to start building high-rise buildings.[4] This led to the construction of dense apartment buildings and luxury hotels from the 1960s onwards.[4] Some were built as recently as the 2000s.

    Addresses[edit]

    • 1, Avenue Princesse Grace: Residence Le Mirabeau.[5]
    • 2, Avenue Princesse Grace: Le Sardanapale
    • 3, Avenue Princesse Grace: Émilie Palace.[6]
    • 5, Avenue Princesse Grace: La Réserve
    • 7, Avenue Princesse Grace: Le Houston Palace.[7]
    • 10, Avenue Princesse Grace: Grimaldi Forum.[8]
    • 11, Avenue Princesse Grace: Columbia Palace.[9]
    • 17, Avenue Princesse Grace: Villa Sauber, one of two locations of the New National Museum of Monaco.[10]
    • 21, avenue Princesse Grace: Le 21.
    • 22, Avenue Princesse Grace: Le Méridien Beach Plaza.[11][12]
    • 24, Avenue Princesse Grace: Le Roccabella.[13]
    • 26, Avenue Princesse Grace: Sporting Monte-Carlo, home to nightclub Jimmy'z.[14]
    • 27, Avenue Princesse Grace: Le Formentor.[15]
    • 31, Avenue Princesse Grace: L'Estoril.[16]
    • 37, Avenue Princesse Grace: Palais de la Plage.[17]
    • 39, Avenue Princesse Grace: Le Bahia.[18]
    • 40, Avenue Princesse Grace: Monte-Carlo Bay Hotel & Resort.[19][20]

    There is also public sculpture on the street, called Le Pêcheur.[21]

    References[edit]

    Wikimedia Commons has media related to Avenue Princesse Grace.
    1. ^ Princesse-Grace, « rue la plus chère du monde », Monaco-Matin, July 12, 2010
    2. ^ a b Robert Frank, The 10 Most Expensive Streets in the World, The Wall Street Journal, August 5, 2008
    3. ^ a b Patrick Collinson, Credit crunch reaches world's most expensive streets, The Guardian, July 23, 2009
    4. ^ a b c Marie-Pierre Grondahl, L'héritière est décédée: Qui en veut aux Pastor?, Paris Match, May 21, 2014
    5. ^ Emporis: Le Mirabeau
    6. ^ Emporis: Émilie Palace
    7. ^ "Houston Palace, Monaco | 124200 | EMPORIS" (in French). Emporis.fr. Retrieved 2022-09-02.
    8. ^ Emporis: Grimaldi Forum
    9. ^ Emporis: Columbia Palace
    10. ^ "Visit Monaco: Nouveau Musée National de Monaco - Villa Sauber / Villa Paloma". Archived from the original on 2016-03-04. Retrieved 2014-12-31.
    11. ^ Emporis: Le Méridien Beach Plaza
    12. ^ Visit Monaco: Le Méridien Beach Plaza
    13. ^ Emporis: Le Roccabella
    14. ^ Jimmy'z
    15. ^ Emporis: Formentor
    16. ^ Emporis: L'Estoril
    17. ^ "RETRO. En août 1997, Diana passait ses derniers jours heureux à Saint-Tropez". 11 August 2021.
    18. ^ Emporis: Le Bahia
    19. ^ Emporis: Monte-Carlo Bay Hotel & Resort
    20. ^ Visit Monaco: Monte-Carlo Bay Hotel & Resort
    21. ^ Emporis: Le Pêcheur
    This article is licensed under CC BY-SA 3.0.
    Original source: https://en.wikipedia.org/wiki/Avenue Princesse Grace
    Status: article is cached
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