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Milan: Coima launched its urban renewal plan for Porta Nuova

29 January, Il Sole 24 Ore

With a 300 million € investment, Coima presented the urban renewal project for Via Melchiorre Gioia, in Porta Nuova, Milan. The requalification will comply with the ESG criteria, creating new green spaces and giving continuity to a 160,000 Sq m area. Specifically, the project consists of the renovation of the former Pirelli building, which Coima acquired for 193 million €, and the creation of a new Vertical Forest next to it, namely a 25-storey residential tower. Finally, the old bridge-shaped building overlooking the street intersection will be turned into a modern greenhouse with spaces dedicated to public events.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi