Hines, the international real estate firm, will begin renovation at the end of this month on Via Bergognone 53, a four-building, seven-story, 264,000-square-foot former post office complex in Milan, Italy.
The project is located in a trendy Milan neighborhood, which is also home to the new Giorgio Armani headquarters, Fabrizio Ferriâ€™s Super Studio and the Ansaldo complex.
Hines acquired the structure in 2000, and after an architectural competition, the firm of MCA Mario Cucinella Architects (Bologna-Paris) was chosen to redesign the complex. The renovation will create a closely-knit campus, including the transformation of the existing structures into distinctive multi-tenant buildings surrounding a new central courtyard. Also planned is a new faÃ§ade, grand entrance, interior, a glass-enclosed garden, restaurants and a single-level, below-grade parking garage. Project completion is targeted for year-end 2003.
'The design competition allowed us to look at several schemes for the renovation, and CucinellaÂ's sophisticated Italian design was the best fit for this up-and-coming location,' said Hines Chairman Gerald Hines. 'Leasing interest has been steady amongst local and multi-national companies.'
In conjunction with Milanâ€™s Furniture Fair 2002, Hines has partnered with Domus Academy, an Italian post university master school specializing in design research and promotion of cultural initiatives, and Makno, a research and consulting company that focuses on housing evolution, to present three museum-quality exhibits.
The Hines exhibit, entitled Evolving Places, will feature some of the firmâ€™s most important developments around the globe, including the architectural selection process undertaken for Via Bergognone 53.
Domus Academyâ€™s exhibit, entitled Unenforced Concrete, will feature the vision of the contemporary city, focusing on architecture for urban structures.
Mankoâ€™s exhibit, entitled Housing Evolution, will feature the results of their research project designed to underline the evolution of the Italian lifestyle - both inside and outside the home, today and in the future.
Hinesâ€™s first project in Milan was the recently completed renovation of Centro di Eginardo, a four-story, 174,000-square-foot office building near to the Milan Exposition.