Milano: 100 urban projects of regeneration.
Milano has shown itself to be practical and creative in reacting quickly and enhancing its strengths in a global context and, despite the pandemic that significantly hit the national market, has continued to grow and shape itself
into the heart of Italian Development, attracting international investments and talents. Over 100 urban regeneration projects of +5,000 square meters are currently being followed by the city administration, as well as over 4,000 minor interventions, from building renovations to new buildings. Large private and public interventions will make Milano one of the most renewed cities in Europe, with an estimated €13 billion investment by 2030, of which about €2 billion for public urbanization works. Potentially, in the housing sector alone, there will be 33,000 more accommodations – translated, we are talking about 100,000 inhabitants – of which 30% at agreed rates and social prices.
The main goal for Milano in the coming years is to become, more and more, a polycentric, public, global and responsible city.
Most urban regeneration projects are taking place in the less central areas and are the unique opportunity for the city to build new central networks where those who live, study, work, will find all the proximity services at pedestrian distance. The new public city, which is taking shape thanks to a major commitment of the city’s government, will distribute cultural, recreational, administrative and university centers throughout the territory. A global vision is always in mind and Milano, as the third economic region in Europe, is ready to increase its international appeal and is looking forward to hosting the 2026 Winter Olympics. Finally, we strongly urge everyone to work for a responsible city, capable of a sustainable and responsible development both from an environmental and from an ethical and social perspective. A city that finds itself facing the challenges of combining demographic and economic growth with social inclusiveness and the improvement of its citizens’ quality of life, to finally fulfill its vision of a truly metropolitan dimension.
Giancarlo Tancredi, Deputy Mayor for Urban Regeneration of the Municipality of Milan