The Big Build

In Milan, the focus is on the Mall of Italy, a 170,000 sq m shopping centre located in Linate, close to the city’s airport. This €1.2bn mega-project was presented at MAPIC a couple of years ago as a preliminary scheme but now the developer Stilo (part bof the Percassi group) can show clearer proposals. Antonia Percassi, founder of the company, announced in August an alliance with Australian developer Westfield Group, which has committed itself with an initial €125m investment.

Flushed with the success of its two London schemes, the Australian giant is, confident that the newly dubbed Westfield Milan will be a success and that it will be ready in time for Expo 2015 in Milan, in order to catch the millions of new tourists who will converge on Milan to visit the world exhibition being held near the Milan Fair.

Click here to read the full article in MAPIC Preview 2011, Italy supplement, page 12.

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