The Porta Nuova district in Milan, whose design was started by Coima in 2003, is the first urban redevelopment project in the world to obtain the double Gold LEED and WELL for Community certification issued by Green Business Certification Inc. (GBCI), the independent organization that recognizes excellence in performance and practices in the green industry sector globally.
Thanks to this prestigious award, the positioning of the Lombard capital and Italy is growing among the most advanced territories in pursuing sustainable real estate investments with a measurable and transparent impact.
The development of Porta Nuova has allowed the redevelopment of an ecosystem previously compromised by the presence of the disused railway yard of Garibaldi-Repubblica and the urban reconnection of historic districts divided for more than a century.
The next step was the activation of public spaces and the creation of a neighborhood community, also through an innovative public-private partnership between the Municipality of Milan, Coima and the Fondazione Riccardo Catella for the management of safety, maintenance and of the cultural program of the BAM park – Biblioteca degli Alberi Milano, which hosts a diversified program of over 200 cultural events and activities every year with the aim of building and promoting civic engagement with a sustainable business model that can be replicated in other cities of the world.
Today Porta Nuova is an experimental laboratory on sustainable urban regeneration. The development of the district has been supported since 2012 by the Qatar Investment Authority (QIA), the sovereign wealth fund of the state of Qatar.
Coima’s commitment to sustainability in real estate development is confirmed by the highest scores in the world assigned by GRESB (“Global ESG Benchmark for Real Assets”) to three real estate funds, rated among the most sustainable in Europe and first in Italy to be among the “Global Sector Leaders“.
According to a research by the Politecnico di Milano and The European House – Ambrosetti on the multidimensional impact of Porta Nuova, the activities established in the district enable investments in the real economy of more than 870 million euros each year, supporting over 4,500 jobs.