Hines launches Milan project
Hines has launched a masterplan for a new environmentally and socially sustainable mixed-use project in Milan.
The developer’s Ex Trotto Milano (EXTM) urban regeneration project aims to transform a 130,000 sq m former horse racing track, abandoned since 2012, into an inclusive and sustainable urban district.
The €450 million ($482 million) project will deliver affordable rental housing, senior housing, community amenities and a 50,000 sq m public park, as well as for-sale residential and rent-capped retail for local producers. The new buildings are targeting net zero energy operations.