Regenration scheme will see over 2,500 new flats built a 12-minuted commute from the capital鈥檚 city centre

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Lendlease has secured the role to develop the second phase of a 鈧�2bn (拢1.5bn) mixed-use regeneration scheme in Milan, Italy.

The firm is already working on the 鈧�150m (拢113m) first phase of the of the Milano Santa Giulia project as the development partner of a subsidary of property firm Risanamento SpA Group, which includes 30,000m2 of office space and 3,000m2 of retail space.

The scheme will also see over 2,500 new apartments built, as well a large city park creating a new district for the Italian city.

Dan Labbad, chief executive for international operations at Lendlease, said: 鈥淢ilano Santa Giulia signifies a major step forward in Lendlease鈥檚 European story in line with our strategy to grow our integrated model into global gateway cities.鈥�

 

 

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