After the summer, tenders will be put out but it is already known that two French groups and Russian and Saudi groups are interested. Each of the applicants’ projects will be studied in detail and these should not propose major modifications. The changes to the Palm Beach must respect the history and identity of this prestigious site. Moreover, the investor should have an exemplary reputation and most important be solvent.
One must wait a few months more before discovering the name of the chosen tender. Lets hope that this vast renovation project will allow the Palm Beach to become one of the top places on the French Riviera.