An urban regeneration project in Milan developed by real estate investor Coima is the first in the world to achieve Gold ratings in both the LEED for Cities and Communities and WELL Community certifications.
The certifications, awarded by the US Green Building Council and the International WELL Building Institute (IWBI), acknowledge a real estate project’s positive effects on health and well-being as well as its social, environmental, and economic sustainability.
Porta Nuova, a 30-hectare development in the heart of Milan, has already won numerous awards, including Best Urban Regeneration Project at MIPIM 2018.
The commercial and residential development includes 36 LEED Gold and Platinum certified buildings, several buildings vying for WELL Certification, the largest nZEB tower in Italy, as well as a public park.
Instead of fossil fuels, the development uses a geothermal system with ground water, with a water consumption of only 165 litres per person per year, compared to the national average of 220 litres.
Porta Nuova is in the proximity of the main urban transport systems and offers sustainable mobility services (bicycles, scooters and car sharing).
Besides Volvo's first ultra-fast charging station, car parks of all buildings include electric charging stations.
Over 35,000 people are employed in the Porta Nuova neighbourhood, which also has homes, stores, restaurants, and cafes and receives about 10 million tourists annually.
It is home to the famous Bosco Verticale residential towers, a global symbol of sustainable urban development, as well as the Biblioteca degli Alberi di Milano (BAM), the city’s newest and third largest park.
The entirely pedestrian neighbourhood is the result of a public-private partnership between the City of Milan, Coima and the Riccardo Catella Foundation.
Since 2012, the development of the district counts with the support of the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar.