In Paris’s Latin Quarter, a historic building becomes a huge luxury hotel – Technologist

With two bookshops, a bakery, and a cobbler, change is coming to a quiet little Parisian street lined with Haussmann-style buildings in the Latin Quater, close to the Arènes de Lutèce and the Jardin des Plantes. In a neighborhood that inspires the dreams of American tourists, a large doorway has remained closed for several years. At the end of February, the Rue Lacépède hôtel particulier will begin a new chapter: it will become a luxury hotel with a restaurant, café, coworking space and yoga studio.

The project is unique in terms of its scale, in an area where hotels are usually small establishments with around 30 rooms. With a massive 7,000 square meters, Le Jardin de Verre will offer 145 rooms and employ around 60 people. It is also unique in terms of its heritage: an 18^th-century hôtel particulier with a listed façade, accompanied by a tenement building and an early 20^th-century industrial hall that once housed a distillery.

This highly sought-after property was first purchased in 2016 by Novaxia, a Paris-based real estate developer. At the time, it belonged to the Lavillaugouet family’s construction company, which had occupied it since the 1950s and used it to store pipes, machinery and trucks. Novaxia had already planned to convert it into a hotel under the Hilton brand, scheduled to open in 2021. However, this project never came to fruition due to construction delays and the impact of the Covid-19 pandemic. In 2022, Novaxia sold the property to the Edyn hotel group for €64 million after obtaining the necessary building permits but the group never began the renovations. Since then, London-based Edyn Group, owned by Canadian real estate giant Brookfield, has invested €35 million in the renovations.

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