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] Property along the street is on average worth $17,750 per square foot or £73,000 per square metre.[ 2] [ 3]
History
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 starting in the 1960s.[ 4] Some were built as recently as the 2000s.
Addresses
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
^ "Princesse-Grace, « rue la plus chère du monde »" [Princesse Grace, "the most expensive street in the world"]. Monaco-Matin (in French). 12 July 2010. Archived from the original on 7 September 2014.
^ a b Frank, Robert (5 August 2008). "The 10 Most Expensive Streets in the World" . The Wall Street Journal . ISSN 0099-9660 . Archived from the original on 29 August 2008. Retrieved 10 August 2023 .
^ a b Collinson, Patrick (22 July 2009). "Credit crunch reaches world's most expensive streets" . The Guardian . ISSN 0261-3077 . Retrieved 10 August 2023 .
^ a b c Grondahl, Marie-Pierre (15 May 2014). "Qui en veut aux Pastor? - L'héritière est décédée" . Paris Match (in French). Retrieved 10 August 2023 .
^ "Le Mirabeau" . Emporis . Archived from the original on 30 December 2014.
^ "Émilie Palace, Monaco | Building 334262 | EMPORIS" . Emporis . Archived from the original on 3 January 2015.
^ "Houston Palace, Monaco | 124200 | EMPORIS" . Emporis (in French). Retrieved 2 September 2022 .
^ "Grimaldi Forum, Monaco | Building 903990 | EMPORIS" . Emporis . Archived from the original on 20 August 2014.
^ "Columbia Palace, Monaco | Building 124210 | EMPORIS" . Emporis . Archived from the original on 7 April 2014.
^ "Visit Monaco: Nouveau Musée National de Monaco - Villa Sauber / Villa Paloma" . Archived from the original on 4 March 2016. Retrieved 31 December 2014 .
^ "Le Méridien Beach Plaza" . Emporis . Archived from the original on 30 December 2014.
^ "Le Méridien Beach Plaza" . Visit Monaco . Retrieved 10 August 2023 .
^ "Le Roccabella" . Emporis . Archived from the original on 30 December 2014.
^ "Informations pratiques" [Useful information]. Jimmy'z (in French). Archived from the original on 11 January 2016.
^ "Formentor" . Emporis . Archived from the original on 30 December 2014.
^ "L'Estoril" . Archived from the original on 30 December 2014.
^ "Monaco 1931-2008 : devant le Palais de la plage... les souvenirs" [Monaco 1931-2008: in front of the Palais de la Plage... memories]. Monaco-Matin . 2 September 2008. Archived from the original on 21 August 2016.
^ "Le Bahia, Monaco | Building 1158945 | EMPORIS" . Emporis . Archived from the original on 3 January 2015.
^ "Monte-Carlo Bay Hotel & Resort, Monaco | Building 100094 | EMPORIS" . Emporis . Archived from the original on 20 August 2014.
^ "Monte-Carlo Bay Hotel & Resort" . Visit Monaco . Retrieved 10 August 2023 .
^ "Le Pêcheur" . Emporis . Archived from the original on 30 December 2014.