The Élysée Palace is the official residence of the President of France in Paris. Completed in 1722, it was built for Louis Henri de La Tour d'Auvergne, a nobleman and army officer who had been appointed governor of Île-de-France in 1719. It is located on the Rue du Faubourg Saint-Honoré in the 8th arrondissement, near the Champs-Élysées. The name Élysée derives from the Elysian Fields, the place of the blessed dead in Greek mythology.