Economy
The southwestern part of the arrondissement is very dense in offices, mostly for services. Several big companies have their headquarters there. When it existed, Gaz de France had its head office in the 17th arrondissement.
Batignolles and Épinettes, two former industrial areas, are now mostly residential. The area around the avenue de Clichy, shared with the 8th, 9th and 18th arrondissement of Paris, is occupied by a lot of shops. This is the third biggest avenue of Paris in terms of sales.
Read more about this topic: 17th Arrondissement Of Paris
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)