It was the first high-rise in the city-state to be built since the 1980s (high constructions had been abandoned due to aesthetic concerns and criticism of overdevelopment).
[1] At 170 metres high, Tour Odeon on its completion was the second tallest building on Europe's Mediterranean coast, after Gran Hotel Bali (186m) in Benidorm, Spain.
This project from Groupe Marzocco was considered by some to be an important renewal of economic development for the second-smallest country in the world.
At the end of the 1980s, Prince Rainier III decided to stop building high rises in Monaco, following the construction of some controversial architectural choices.
In particular, residents of the adjacent French city of Beausoleil have criticized the building for blocking the views and above all diminishing real estate values.