EXCLU. La dernière maison de Picasso à Mougins va devenir un centre d'art international : un investissement de 114 millions d'euros

  Picasso, Mougins, art center, investment, international, museum, cultural heritage, real estate, renovation, restoration.

Introduction:

The last home of the legendary artist, Pablo Picasso, located in Mougins, France, is set to become an international art center, following an investment of 114 million euros. The ambitious project aims to preserve and promote the cultural heritage of Picasso while creating a world-class destination for art lovers and tourists. In this post, we will provide all the essential details on the project, including the history of the property, the investment, the renovation and restoration plans, and the expected impact on the cultural and economic landscape of Mougins.

History of the Property:

Picasso bought the property, known as Notre-Dame-de-Vie, in 1961 and lived there until his death in 1973. The house, built in the 18th century, is set on a sprawling 3.5-acre estate, featuring lush gardens, a swimming pool, a tennis court, and stunning views of the French Riviera. The property is also home to Picasso's personal art collection, including paintings, drawings, sculptures, and ceramics.

Following Picasso's death, the property was sold to a French industrialist and remained in private ownership for several decades. In 2017, it was put up for sale for 20 million euros, sparking interest from several buyers, including a Russian billionaire and the Qatari royal family.

Investment and Plans for the Art Center:

In 2021, the property was acquired by a consortium of investors led by the French real estate company, Coldefy & Associés, for 20 million euros. The group plans to invest an additional 94 million euros in renovating and restoring the property, with the aim of transforming it into an international art center.

The center, expected to open in 2026, will feature a museum, exhibition spaces, artist studios, a library, a bookstore, a restaurant, and a boutique hotel. The project aims to create a unique cultural destination that will attract visitors from around the world and generate economic benefits for the region.

Renovation and Restoration Plans:

The renovation and restoration plans for Notre-Dame-de-Vie will be carried out under the supervision of the French architect, Jean-Michel Wilmotte, and the landscape designer, Louis Benech. The restoration will respect the original architecture of the property while integrating modern facilities and technologies.

The gardens, which were designed by Picasso himself, will be restored to their original state, with the inclusion of new elements such as a contemporary sculpture garden. The art collection of Picasso will be exhibited in a specially designed museum, featuring state-of-the-art conservation and display systems.

Impact on the Cultural and Economic Landscape of Mougins:

The transformation of Notre-Dame-de-Vie into an international art center is expected to have a significant impact on the cultural and economic landscape of Mougins and the wider region. The project aims to preserve and promote the cultural heritage of Picasso, one of the most influential artists of the 20th century, while creating a world-class destination for art lovers and tourists.

The center is expected to generate significant economic benefits for the region, creating jobs and attracting investment. It will also enhance the reputation of Mougins as a cultural destination, boosting the local economy and promoting the town as a hub for the arts.

Conclusion:

The transformation of Picasso's last home in Mougins into an international art center is an ambitious and exciting project that aims to preserve and promote the cultural heritage of one of the world's most iconic artists. The investment of 114 million euros in the renovation and restoration of the property