The board of directors of the Polytechnic School gave the green light to the sale of land to the luxury group to create a research laboratory there.
by Juliette Garnier
The Board of Directors of the Polytechnic School validated, Tuesday, November 8, the project led by LVMH for the creation of a research laboratory on the campus of the Polytechnic Institute of Paris (IPP) in Palaiseau ( Essonne). By nineteen votes for, the deliberation was accepted, according to the establishment. This decision opens the way to the sale of this field of approximately 30,000 square meters by the public establishment of development of the Paris-Saclay plateau to the luxury group. By 2026, LVMH intends to create a building of 22,000 square meters to house 300 researchers. The amount of the operation would exceed 100 million euros, argued the group of Bernard Arnault.
According to the Polytechnique association is not for sale !, Opposed to the sale, this vote would be a “negative signal towards the LVMH project”. Because, despite the vast majority which emerges in its favor, four of the twenty-four voters on the board of directors voted against. And a member has abstained. “It is not usual within its board of directors, customary of plebiscite”, judges the spokesperson for the collective, Matthieu Lequesne. On the eve of the meeting of the meeting, the association informed the members of the board of directors which she intends to consult a lawyer, M e Guillaume Hannotin, for “lack of information from the council “. According to him, certain documents that have been submitted to them have remained confidential. And this obligation would have notably complicated the consultation of X personnel who are represented on the council. The association could later initiate an appeal before the administrative court. Eric Labaye, president of the IPP and Polytechnique, must hold a press conference on Tuesday, November 8, in the afternoon.