Developers have taken a wrecking ball to some of the most distinctive properties on the Croisette in Cannes. “It’s like a gaping wound,” gasped one onlooker as they surveyed the desolate scene Monday on the block that was once 33 Croisette.
One apartment building and shopfronts have been demolished, while a neighboring property was still in the process of being leveled.
So many Cannes Film Festival delegates stopped by to witness the destruction that it was soon being dubbed Cannes: The Building Site.
Jean-Claude Annaert, directeur général of Michaël Zingraf Real Estate, explained to Deadline that the demolition of the old apartment blocks would continue until early June. “Then we will put up the most beautiful, luxurious apartments.” Annaert told us there will be 20 residences with the new complex plus two penthouses with sweeping views of the Mediterranean. ”Unparalleled, sweeping vistas,” said Annaert, continuing the sales pitch.
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