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 16th century succeeded by his cousin, Francis I, who was much more interested in the city. Francis gradually moved closer to Paris, first to the Palace of Fontainebleau, then to Saint-Germain-en-Laye, then to the Chateau de Madrid, an enormous hunting lodge that he built in the Bois de Boulogne. Finally, on March 15, 1528, he declared his intention to live in Paris. Since the old royal palace on the Île-de-la-Cité was occupied by the Parlement of Paris, he announced that he would live in the old fortress of the Louvre. While the Louvre was being reconstructed to his tastes, Francis I resided