Milano Santa Giulia’s €3.5 bn regeneration plan to go ahead

Work is about to start on a €3.5 billion regeneration plan in Milan. The Masterplan for Milano Santa Giulia, a new 1.1 million sq m neighbourhood in the Italian city, has just been presented, with Lendlease as the key investor.

The Santa Giulia Masterplan, creating a new neighbourhood in Milan

“Santa Giulia is one of the largest urban regeneration projects in Italy, which will create a new neighbourhood to the South of the city and 3,500 new homes, both for sale and for rent,” said Fabrizio Zichichi, executive project director, Lendlease. “Work is due to start at the end of this year and the whole project will be completed in 7-8 years.”

Lendlease will contribute €2.7 billion to the total €3.5 billion private investment expected, Zichichi said. Around 10% of the buildings will be offices and 70% will be residential, encompassing all sub-sectors from senior housing to student accommodation and including apartments for sale, for short lets and for long-term rental.

The development will also include the Eventim arena, the Palaitalia sports stadium which will be used for the hockey matches at the 2026 Milan Winter Olympics, a music and cultural centre, schools, a 500-room hotel, a supermarket and a 55,000 sq m commercial centre.

A detail of the Santa Giulia Masterplan

The masterplan, designed by MCA (Mario Cucinella Architects) and presented to the Mayor of Milan, Giuseppe Sala, is based on a biophilic design and is inspired by the veins of a green leaf, connecting all parts of the development which will be linked by an urban park with gardens, lakes and green spaces.

“We visualise an ecosystem where the pedestrian walkways and cycle lanes will link all areas like the veins of a leaf nourish the whole plant,” said Mario Cucinella, the main architect behind the masterplan. “We are aiming for zero carbon emissions and will adopt strategies to maximise the efficiency of renewable energy production but will also rely on natural ventilation to cool the buildings.”

Santa Giulia is already close to major public transport hubs, with M3 and M4 metro lines and the high speed train station at nearby Rogoredo, while Linate airport is also close. Mayor Sala said a new tram line will be built and will reach Santa Giulia, but “not in time for the Olympics”.