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WDC/Stilo – Milan Regional Shopping Center – Lombardy Region - Project Profile

WDC/Stilo – Milan Regional Shopping Center – Lombardy Region - Project Profile

Synopsis

"WDC/Stilo – Milan Regional Shopping Center – Lombardy Region - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "WDC/Stilo – Milan Regional Shopping Center – Lombardy Region - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Gruppo Stilo (Stilo) of Percassi Group and Westfield Group (WDC) are planning to undertake the construction of Regional Shopping Center project in Lombardy Region, Italy.

The project involves the construction of a 167,225m2 new retail center on a 60ha of land. The project will include the construction of a 18,023m2 four-level flagship Galeries Lafayette department store, retail facility, supermarkets, a 16-screen 2,500 seats cinema hall, 50 restaurants, food court facility, and 10,000 parking facility and the installation of safety and security systems

The project will be developed in two phases. The first phase involves the construction of 185,000m2 retail facility with 300 retail units and the second phase is for the remaining scope of project.

In the third quarter of 2014, Delta Simons was appointed as environmental consultant for the project. The scope of the contract covers the environmental assessments to fully quantify risk and liability in the ground.

The project field work, assessments and reporting have been completed by Inogen Environmental Alliance, Inc. Leonard Design Architects has been appointed to provide consultancy and architectural services and Sonae Sierra Portugal as lead consultant for the project.In-house division of Stilo will do the construction works.

In June 2016, Westfield has signed a deal with UCI Cinemas for a 16-screen cinema. The project secured US$28 million funding from the Banca Popolare di Vicenza.

Construction is expected to commence in 2018 and scheduled to complete by the end of 2020.

Scope

The project involves the construction of 167,225m2 new retail centers on a 60ha of land adjacent to Linate airport in Milan, Lombardy Region, Italy.

The US$1,659 million project includes the following:

1. Construction of 18,023m2 four-level flagship Galeries Lafayette department store

2. Construction of supermarkets

3. Construction of a 16-screen 2,500 seats cinema hall

4. Construction of 185,000m2 retail facility with 300 retail units under first phase

5. Construction of 50 restaurants and food court facility

6. Construction of 10,000 parking facility

7. Installation of safety and security systems

8. Installation of elevatorsReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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