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Paris Mayor Calls Crisis Meeting to Save Abandoned Montparnasse Tower Renovation

Published July 25, 2026 at 4:32 PM UTC

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Paris Mayor Anne Hidalgo has called a crisis meeting with stakeholders to salvage the €800 million renovation of the Montparnasse Tower, a project that has stalled and appears abandoned. The 59-story skyscraper, completed in 1973, has long been criticized for its architecture and is in need of modernization. The renovation plan aimed to transform the tower into a mixed-use complex with offices, a hotel, and public spaces. However, disagreements between the city, the tower's owners, and investors over financing and design have halted progress. The meeting is scheduled for later this month and is expected to include the main developer, real estate firms, and city officials. If the renovation falls through, the tower may remain a vacant landmark, losing potential economic benefits and further blighting the Montparnasse district. The city estimates the project would create thousands of jobs and boost tourism. Meanwhile, critics argue that the money could be better spent on affordable housing and green spaces.