It is named after Grace Kelly, Princess consort of Monaco.
It is the most expensive street in the world according to Engel & Völkers.
[2][3] Most of the land of the Larvotto district was purchased by Gildo Pastor in the aftermath of World War II.
[4] This led to the construction of dense apartment buildings and luxury hotels starting in the 1960s.
There is also public sculpture on the street, called Le Pêcheur.