May 11 – The €1 billion redevelopment proposal for the Milan’s San Siro stadium and the surrounding area took another step forward at the end of last week with a preparatory document for the feasibility project being submitted to Municipality of Milan at the end of last week.
The plan submitted jointly by AC Milan and FC Internazionale Milano is “for the creation of a new world-class stadium and a Sports and Entertainment District in the San Siro area. The two new proposals are the result of a constructive dialogue with the Municipality and have been developed in accordance with the 16 conditions provided by the Municipality and the City Council in November 2019,” said a joint press release.
New designs by Populous and Manica/Sportium show a retention of a part of the current Giuseppe Meazza Stadium and the creation of a new retail and sports district that includes about 106,000 square metres of green space.
“AC Milan and FC Internazionale Milano believe it is essential, especially in light of the current moment, to commence a project that represents more than one billion euros of private investment, which will generate thousands of new jobs and serve as a cornerstone for the future development of the city of Milan and Italian football,” said the press statement.
The new development is described as being a “hub’ that will integrate retail, sports, cultural and leisure activities. Facilities include a running track, a cycle path, an outdoor gym, a skateboard park, a five-a-side pitch and sports museum with most being made available free to the public.
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