How the government intends to rebuild an entire neighborhood in eastern Monaco

In a public session, the National Council members expressed their impatience to see the development of a major project to exploit the Annonciade II plot and the surrounding neighborhood, seen as an economic and social "reservoir." A project dubbed "Urbanization of the La Rousse neighborhood."

Fifteen years of "inertia," Thomas Brezzo remarked, referring to the Annonciade area. The discussion between the National Council members and members of the government during the study of the 2025 amended budget inevitably brought the issue of state-owned housing back into the chamber. While the National Council members expressed satisfaction with the short-term forecasts and the 450 apartments that will be delivered by 2030, the future appears less clear.

 

 

 

Date: 
Monday, October 13, 2025