Ex working-class neighborhood, this part of Paris combines a lively atmosphere with numerous trade markets and a certain sense of tranquility. It offers diverse distinct environments, at times bourgeoisie and high-end, at other times more working-class. Above all in the areas such as the Asian area in the south of the neighborhood. Currently there is a vast redevelopment that includes the gradual introduction of public structures, offices, housing and open spaces. The neighborhood is also home to the National Library of France and the respective futuristic zone that bestows a lively atmosphere, also perceivable in the well frequented place d’Italie.
The real estate market in this neighborhood is very diversified and it is divided into four areas: Salpêtrière, Gare, Maison-Blanche and Crou Le Barbe. The most sought-after areas by wealthy people are Gobelins and the impressive surrounding areas of park Montsouris. The area Butte-aux-Cailles, with its paved streets and its charming atmosphere is much sough-after for the purchase of a luxury apartment or a townhouse. The neighborhood has the advantage of offering the rare opportunity to purchase high-end family homes, situated within village des Peupliers. The south of the neighborhood is more populated with tower dwellings which date back to the 60’s and 70’s.