Urban regeneration, 1 billion turnover and fewer emissions

Essilux, Milleri:

(ANSA) – TURIN, 19 JUL – An urban regeneration project on an abandoned city area that has been brought back to life can activate a turnover of almost one billion. This is demonstrated by the case of Chorus Life created in Bergamo by Costim and the subject of a study by The European House – Ambrosetti, which assessed its positive impact in economic, social and environmental terms.

An impact that “is expected to activate a turnover of 991 million euros for the three-year period 2020-2023 and a reduction in carbon dioxide emissions equal to 1,624 tons per year. The multiplier on initial investments is therefore 2.5 , and, for every euro invested, an additional 1.5 will be generated “explains Ambrosetti CEO Valerio De Molli.

The novelty of a regeneration model like Chorus Life is its replicability, as claimed by Jacopo Palermo, CEO of Costim, a group that operates along the entire real estate supply chain for the realization of regeneration and smart building projects: “The characteristics that allow replicability are essentially attributable to the ability to generate and attract user flows and the urban framework of the area “.

“To date there are many municipalities that are interested in developing urban regeneration projects, to mend the many fragments of the urban fabric affected by abandoned areas.

Among these, the activities in Pietra Ligure are in progress, where a space facing the sea is being planned that will house a hotel, residences, a promenade and a marina on an area of ​​about 50 thousand square meters, in the former Rodriquez shipyards ” explains Palermo. (ANSA).

Source: Ansa

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