Paris: Caisse des Dépôts et Consignations

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Paris: Caisse des Dépôts et Consignations


Image by wallyg
The Caisse des Dépôts et Consignations (CDC) (Case of the Deposits and Consignments) was designed by French architect Christian Hauvette, with lighting by American artist James Turrell. The sleek façade unveils the frame of the building. The regular office pattern gives it its specific rhythm, while Turrell’s lights bathe it in colors as soon as night falls. Jean Renaudie renovated the Ivry-sur-Seine centre from 1969 to 1975. Among other things, he designed such structures as the Jeanne Hachette Building, with its unique star shape and garden-terraces – the lush greenery gives the unpolished concrete a splash of color. The building epitomizes a desire to break away from the standardization typical of the 1950s and 1960s.

Caisse des Dépôts et Consignations (CDC) lets the French retain their savoir faire even in their old age. It serves as an investment bank for the government and oversees tax-exempt savings funds collected by savings banks (caisses d’épargne) and the post office. The group helps millions of French save, investing these deposits in such public projects as subsidized housing and semi-public companies it forms with local governments for urban development. The group runs retirement plans for government employees who are not part of the civil service system. Through its holdings in CNP Assurances, CDC is also one of France’s top life insurers.

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