(ANSA) - Paris, June 28 - Pierre Cardin’s plans to build a futuristic skyscraper overlooking Venice have been called off, the fashion tycoon’s nephew told ANSA Friday.
Rodrigo Basilicati is also the CEO of Concept Creatif Pierre Cardin, the company that was developing the controversial project in the city of Marghera outside Venice.
"The decision was inevitable after over two years since presenting the initiative we could not get formal approval on a deal with all public bodies involved," said Basilicati.
Opponents of the 300-meter Palais Lumiere had argued it would clash with the Medieval character of the lagoon city, and that the marshy terrain made for a soggy foundation that might not be able to support a massive steel-and-glass structure.
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