COIMA SGR has unveiled palazzo San Fedele requalification project in the centre of Milan.
The redevelopment of the building, which will be completed by the end of 2019, was designed by the architectural firm Studio Asti Architetti and will breathe new life into the building while preserving and enriching the beauty and elegance of its original features. The works will preserve the refined and linear look of the building’s neoclassical design, while focusing on its interiors, which will be significantly improved while continuing to feature historic elements such as the antique bank vault and interior staircases, which lead all the way up to the roof dome and terrace spanning over 830m² and overlooking the piazza.
The project, which will yield significant office space (8,000m²) and retail space (3,300m²), will aim to attain LEED Gold Certification thanks to the eco-sustainability of the materials used and energy efficiency achieved through the use of certified “green energy” and renewable sources such as solar panels and groundwater.
The company, acting on behalf of the Fondo QIA Italian Property Fund, has acquired the project for the undisclosed price. Following this deal, the company brings its portfolio of office buildings in Milan, including core (82%), under development (12%) and requalification (6%) to over 700,000m² of GLA.
“This transaction enables us to continue the process of optimizing the existing real estate assets, as was the case for Palazzo Aporti and as will be the case for the former Unilever tower on Via Bonnet,” remarks Manfredi Catella, Founder and CEO of COIMA. “Interventions like this one bring back to our country architectural excellence of the past, which has been revisited and regenerated following an approach focusing on sustainable technological innovation.”
“It is a privilege to be able to optimize areas of Milan, my native city, contributing in this manner to the continuation of the virtuous journey undertaken by the city which will inevitably improve the lives and surroundings of all of us. From those who will inhabit the building after its contemporary rebirth to those who will merely admire it from the outside. All of our endeavours are inspired by the utmost respect for the building’s original architecture and surroundings, from an urban planning and environmental standpoint, thanks to the systematic use of highly sustainable technologies,” comments Paolo Asti, the Founder of the architectural firm Studio Asti Architetti.
