Over 675 thousand Sq m of green areas, equal to 65% of the whole area, 97 million euro for investments in the Circle Line, at least 32% of the total volumetric capacity destined to non-residential functions and at least 30% for council estates and low-rent accommodations, as well as redistribution of the volumetric capacity towards bigger areas. These are the key ideas of the agreement signed on Thursday at the Farini station by the Milan City Council, the Region of Lombardy and Ferrovie Dello Stato Italiane (Italian Railways) with Rete Ferroviaria Italiana, FS Sistemi Urbani and Savills Investment Management Sgr (owner of part of the land included in the Farini station) for the redevelopment of the 7 decommissioned railway stations, that together occupy a surface of 1,250 Sq m, 200 thousand of which will maintain their original railway function. This is the biggest urban redevelopment plan concerning Milan in the next 20 years, one of the biggest territorial valorisation projects in Italy and Europe. The agreement addresses the requests emerged last November by the Municipal Committee as well as the petitions raised throughout the long process of public participation and debate which have seen the involvement of over 60 thousand people.
Green and public space
The agreement plans to destine at least 65% of the total surface of the area, equal to over 675 thousand Sq m, to green areas and public spaces. This is an increase of about 130 thousand Sq m compared the previous agreement hypothesis. Besides the 675 thousand Sq m, it will be implemented 200 thousand Sq m of eco-friendly railway connections along the railway tracks, including the Green Railways project on the southern belt of the city and the cycle and pedestrian lane along the platform in direction of Chiaravalle. All the stations will need to have at least 50% of green areas. Above all, it will be implemented a big park of an extension of 300 thousand Sq m at the Farini station, which will become in this way the third largest in the city, together with Montestella Park, after Lambro and Sempione, as well as a 90 thousand Sq m park in Porta Romana and a naturalistic oasis of 140 thousand Sq m (equal to 100% of the total surface of the station) in San Cristoforo.
The implementation of the Circle Line is a key element for the sustainable development of the metropolitan area. In the next decade, Ferrovie Dello Stato will invest about 1 billion euro in the railway system of Milan. Connected to the agreement are investments for 97 million euro for the construction and modernisation of the stations along the Circle Line. Besides the 50 million generated by the capital gain from the divestiture of the areas, in fact, 22 million will fund the new stations Tibaldi and Romana, 5 million will integrate the investments to improve the accessibility of the Greco-Pirelli station, 20 million will go to the new Dergano station (upon assessment of the feasibility), or in alternative to another intervention on the line. The 50 million, guaranteed by Ferrovie Dello Stato even in the case the capital gain would be lower than expected, will permit funding the feasibility analysis for the development of the northern belt of the Circle Line (which will also confirm the exact location of the new stations), building the new Stephenson station and implementing the necessary adjustments for the San Cristoforo, Greco-Pirelli and Romolo stations. The 50% of the capital gain that can be obtained, besides the already mentioned 50 million, will fund further interventions on the railway system of Milan.
Charges and extra charges
214 million euro will be invested in the urbanisation of the areas. Besides the 133 million euro of urbanisation charges that, according to the estimates, the operators will have to pay to the Administration, there are also extra charges equal to 81 million (80 million from Ferrovie Dello Stato and 1 million from Savills Investment Managment Sgr), parted in 46 million for the transformation of Farini, 30 million for Romana and 5 million for Genova, destined to the accessibility and reconnection works of the areas.
The seven train stations
The areas of the seven decommissioned train stations – Farini (618.733 Sq m), Greco (73.526 Sq m), Lambrate (70.187 Sq m), Porta Romana (216.614 Sq m), Rogoredo (21.132 Sq m), Porta Genova (89.137 Sq m) e San Cristoforo (158.276 Sq m) – are included in the properties transferred to Ferrovie Dello Stato (as per the law n. 210 dated 17th May 1985), and they are part of the assets of which Ferrovie Dello Stato have full availability as per the civil rule regulating private property. In these areas are included both decommissioned areas and areas still functional for the railway service. The company FS Sistemi Urbani, 100% subsidiary of Ferrovie Dello Stato Italiane, has the duty to promote the areas owned by the group that are not functional to the transportation activity throughout Italy. Once essential elements for the economic, social and infrastructural development of this city, today these areas represents discontinuity for its development, being in a state of degradation and abandonment. Starting from 2015, the Milan City Council, Ferrovie Dello Stato and the Region of Lombardy had started defining the objectives and the processes for the urban transformation of the old stations in order to improve the railway system of Milan. The regeneration of the stations will reconnect the urban empty spaces between the city centre and suburbs, creating new neighbourhoods with a good balance of functionality and quality of life, plus a diffused green infrastructure and a capillary and sustainable mobility system.