In response to the growing success of the Film Festival and the advent of the first business conventions, such as the MIPTV Media Market since 1965, the City of Cannes decided to build a new Palais in 1979. The new building, a six-story building designed in the Modernist style by the architects Sir Hubert Bennett and François Druet, was constructed on the site of the municipal Casino. It opened in December 1982 and was expanded in 1999 with the construction of the Espace Riviera, a new space of 10,000 square meters.