The hotly anticipated renovation of Paris’s historic Grand Palais is to be somewhat less grand following government intervention in the project, The Art Newspaper reports. Costs, originally projected at $543 million, soared to $700 million, prompting the Réunion des Musées Nationaux-Grand Palais (RMN-GP), the government entity which oversees the structure, to step in and pare the scheme back to fit the original budget.
The initial plans for remodeling, announced in February 2018, would have reconfigured the site and required extensive excavation of the grounds surrounding the 120-year-old structure as well as its interior. Among the changes originally put forth by French-Italian architects LAN (Local Architecture Network) were a new entrance and an internal “pedestrian street” that would connect the different parts of the massive building, which hosts the popular annual fairs Paris Photo and the Foire Internationale d’Art Contemporain (FIAC).
The rising costs were to have been offset by a