Louvre Denon Wing, which borders the Seine to the south. In 1983, French President François Mitterrand proposed, as one of his Grands Projets, the Grand Louvre plan to renovate the building and relocate the Finance Ministry, allowing displays throughout the building. Architect I. M. Pei was awarded the project and proposed a glass pyramid to stand over a new entrance in the main court, the Cour Napoléon. The pyramid and its underground lobby were inaugurated on 15 October 1988 and the "Louvre Pyramid" was completed in 1989. The second phase of the Grand Louvre plan, "La Pyramide Inversée" ("The Inverted Pyramid"),
Paris in the 17th century lifelong distrust of the Parisians. He moved his Paris residence from the "Palais-Royal" to the more secure Louvre: then, in 1671, he moved the royal residence out of the city to Versailles, and came into Paris as seldom as possible. While he disliked the Parisians, Louis XIV wanted to give Paris a monumental grandeur that would make it the successor to Ancient Rome. The King named Jean-Baptiste Colbert as his new Superintendent of Buildings, and Colbert began an ambitious building program. To make his intention clear Louis XIV organised a carrousel festival in the courtyard of the Tuileries in January