[4][5] It is part of the traditional Quartier of Monte Carlo in the Principality of Monaco,[6][7] and constitutes the eleventh modern administrative Monégasque ward.
[8] The project, started in the early 2000s and scheduled for 2014, was abandoned in 2009 at the command of Prince Albert II due to the state of the nation's finances.
[8] On July 18, 2019, the last interlocking concrete caisson was placed, closing the belt that delimits the offshore extension, thus specifically modifying the physical limits of Monaco.
[13] By the year 2020, work had been completed to reclaim land from the sea in the Mediterranean, leaving the area available for the construction of previously announced projects.
[14] Le Portier will extend between Port Hercules and the Grimaldi Forum, on an area of 6 hectares (15 acres).