LVMH Moet Hennessy Louis Vuitton SA selected Japanese architecture firm SANAA, whose principals won the Pritzker Prize on March 28, to convert the vacant Parisian La Samaritaine department store into a hotel.
The architects will present plans for the development, which also includes commercial space, offices and housing, by year’s end, the Paris-based company said yesterday in an e-mailed statement.
LVMH, which also owns Le Bon Marche department store, acquired La Samaritaine in 2001 but the iconic department store was closed in 2005 after French officials deemed it a fire hazard. LVMH won approval in 2009 to retrofit the 141-year-old Art Nouveau structure into a hotel.
Japanese architects Kazuyo Sejima and Ryue Nishizawa founded Tokyo-based SANAA in 1995. SANAA’s previous projects include New York’s New Museum of Contemporary Art, the Toledo Museum of Art as well as the O-Museum and the 21st Century Museum of Contemporary Art in Kanazawa, both in Japan.