The Future Face of Monaco

Year 2020

New Look for Monaco’s Casino Square:

Casino Square © Monte-Carlo Société des Bains de Mer

The year of 2020 revealed a new look to one of the Principality’s most iconic landmarks: The Casino Square. The square has been restored to its former glory while providing a new, more spacious, and safer place to meet.

Casino Square ©BVergély

This new layout is part of an ambitious and comprehensive urban planning project, which has recently added new luxury buildings, accomplished a multi-million Euro refurbishment of one of the most iconic luxury hotels of Monte-Carlo district, and restructured the French-style Boulingrins Gardens that were originally designed by the renowned architect Edouard André and laid out in 1865.

Year 2021

Redesign of Hotel Metropole Monte-Carlo:

Hotel Facade ©Hotel Metropole Monte-Carlo

One of Monaco’s most iconic 5-star hotels, Hotel Metropole Monte-Carlo, will write a new chapter in its history, with an ongoing 2-phase-renovation project orchestrated by French interior architect Jacques Garcia. This embellishment and renovation will include all guest rooms, the creation of exceptional suites, a redesigned gastronomic restaurant, an enhanced bar, a revamped banqueting room, and all kitchens of the hotel including a world-class open kitchen.

Year 2022

New Larvotto Beach

Hotel Facade ©Hotel Metropole Monte-Carlo

The project to redevelop the Larvotto beach area started in October 2019 and has high environmental aims such as energy efficiency for the shops and services areas which will benefit the entire district. The beach is currently closed until June 2021, and the reopening of the beach and shops is scheduled for the 2021 summer season with all the improvement work completed by early 2022. The project will unify the Larvotto at beach-front level and equally at the Promenade-Princess Grace Avenue level becoming one public space of 15.000 sq. m Besides the 10.000 sq. m of restaurants, cafés and shops, the famous École Bleue will take a prominent position with other functions for children, creating a vibrant space to attract people all year round.

Year 2024

Grimaldi Forum

Grimaldi Forum Monaco ©Olivia Marocco

Certified with an ISO environmental management certification in 2008, the Grimaldi Forum Monaco was one of the very first European convention centres to obtain the prestigious certification. In 2020, twelve years later, the centre successfully passed the 5th annual environmental audit in its history. Grimaldi Forum also inaugurated at the end of 2020 a new 600 sq. m terrace with stunning sea views, Ravel Terrace, giving clients a memorable outdoor venue option for upcoming events.

As an emblematic actor in the world of event management, the Grimaldi Forum Monaco will benefit from an ambitious construction project of an eco-district called Portier Cove land extension (find below more information). The urban project will be completed by 2025 and will allow Grimaldi Forum to increase its exhibition capacity by 50%, with an additional surface of nearly 6,000 sq. m. This new area will accommodate larger scale shows, combine more events at the same time and make its offering more flexible for even more original event formats. This unique opportunity will be a real asset in supporting the attractiveness of the destination internationally within the MICE sector.

Year 2025

Portier Cove land extension: An innovative new Eco-District built in the Sea

A new eco-neighbourhood is currently being built on 6 hectares of newly created land extending into the sea. Luxury apartments and villas will be constructed, and the Grimaldi Forum, will be enlarged. The development also includes yacht moorings, gardens, public spaces and facilities. The project responds to the Principality’s ambitious energy transition objectives regarding its commitments to reduce greenhouse gas emissions (becoming carbon neutral by 2050) and to the need for growth in a dynamic and modern country.

Year 2027

Portier Cove land extension: An innovative new Eco-District built in the Sea

The urban project includes the expansion of the Terraces of Fontvieille with the renovation of an existing Carrefour hypermarket, the creation of a cinema, the reconfiguration of existing offices and parking, and the creation of 41 state-owned housing units. One of the objectives is thus to double the existing retail space to reach 30,000 sq. m.


The project is characterised by curved and transparent architecture and the planned planting of some 2,000 trees on the terraces of each level and the roof of the complex.

The project design will also include, in the long term, a new transport option and attraction by cable car between Fontvieille and the Rocher, as well as the installation of electric and maritime shuttles.

Year 2032

A New Hospital for the Principality:

The field of health is a major focus of Monaco’s activity and the Principality offers top-notch healthcare services. To enable the Princess Grace Hospital, Monaco’s only public hospital, to meet the technical, human, medical and scientific challenges of the 21st century, the Principality has commissioned the construction of a new hospital. Scheduled for completion in 2032, the new Princess Grace Hospital will include state-of-the-art technical suites, operating theatres and 470 beds. While the new hospital is being built, the current hospital will continue to function as normal, offering the same high level of care as ever.