Closed since 2005, former Parisian department store La Samaritaine, owned by giant LVMH has been facing opposition from authorities, unions and NGOs. A French administrative court has recently revoked one of the licenses for the project which includes luxury retail and a 72 room hotel under the Cheval Blanc hotel. LVMH pledged to invest over 450 million euros in the project, which covers a total of 80.000 sqm.
An original permit was granted in 2012 and works were projected to commence in 2013 for a duration of 3 years. The legal challenges now add further uncertainty over the evolution of the project.
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