Revitalizing Milan: €450 Million Urban Renewal Project Set to Transform Former Trotto Area

Revitalizing Milan: €450 Million Urban Renewal Project Set to Transform Former Trotto Area

Ex Trotto’s Transformation

The former Trotto area located in Milan’s San Siro district is set to undergo a monumental transformation as part of a €450 million development project. The initiative, spearheaded by the renowned investment and real estate management firm, Hines, in collaboration with the City of Milan, has been scheduled to commence in 2024.

For over a decade, the Trotto area has remained unused, but soon, it will be revived with the construction of 700 subsidized rental residences and an additional 600 market-rate apartments. The development is expected to accommodate over 3,000 residents and will feature a new 50,000 square meter park teeming with lush trees, plants, and public spaces.

Boosting Commercial Activity

One of the significant aims of the project is to address the lack of commercial activities in the Trotto area. To achieve this, a 3,600 square meter urban market will be established. This space will primarily serve shops, particularly those focused on zero-kilometer products. The plan also includes the establishment of local craft workshops and community activity spaces, thereby creating new employment opportunities in the district.

Community-Centric Development

The project also includes plans to convert the former hayloft area into an after-school program venue for children, managed by the Portofranco Association. Furthermore, the project blueprint includes a nursery and a public kindergarten, which can collectively accommodate up to 185 children. The former will offer 60 slots, half of which will be subsidized. The project also plans to provide discounted sports facilities to the residents.

A Sustainable Neighborhood

Milan’s mayor, Beppe Sala, spoke highly of the project, indicating that the redevelopment of the Ex Trotto area will result in the creation of a new neighborhood that is sustainable from an environmental, social, and economic perspective. He stated that the primary goal of the project is to reduce emissions and inequalities while enhancing the area’s appeal and the opportunities available to its citizens. This initiative is seen as a crucial step towards improving the quality of life in the district.

Conclusion

This €450 million development project portrays an ambitious and forward-thinking approach to urban renewal. By transforming an unused area into a vibrant, sustainable, and community-focused district, the project promises significant improvements in quality of life for residents. It also sets a precedent for future urban redevelopment initiatives, showcasing the potential of thoughtful, inclusive, and environmentally-conscious design in creating thriving urban spaces.