Notre-Dame: the Largest Real Estate Transaction in Europe has Begun in Paris | WHAT REALLY HAPPENED

Notre-Dame: the Largest Real Estate Transaction in Europe has Begun in Paris

The Ile de la Cité real estate renovation operation and its transformation into a tourist promenade began with the awarding of part of the Hôtel-Dieu to Novaxia, “philanthropist” Joachim Azan’s "transitory urbanism" group (photo).

This mega-operation was imagined in 2016, at the request of President François Hollande and the Mayor of Paris, Anne Hidalgo, by the director of historical monuments Philippe Bélaval and architect Dominique Perrault.

It plans to take advantage of the renovation of the Tribunal de Paris, the Prefecture of Police and Hôtel-Dieu, in order to draw all the tourist potential of the Notre-Dame Cathedral and the Sainte-Chapelle.

The cathedral fire constituted a "divine surprise" for the public authorities who will thus be able to carry out this project and commercially exploit the whole island. This, the Minister of the Interior, Christophe Castaner, summed up by declaring that Notre-Dame de Paris is "not a cathedral, it’s our common good".

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