Page 47 - May #172

Milanord2, Milan, Italy
Developer: Nhood

Milan New York
This magnificent city remains the most sought after location in Italy, both The heart and soul of America, New York City, with its blend of global
in the luxury and mass market sectors, and has further improved its ranking commerce, international diversity and culture, entertainment and tourism,
amongst the top high street locations worldwide, in terms of prime rental this city sets the bar for all American markets and generates the pulse for
values. A distinctive feature of Milan, the famous so called “Quadrilatero the US economy. With a population of more than 20 million residents, the
dellaModa”, represented by Via Montenapoleone and adjacent streets, New York metropolitan area is the largest in the US. Over the last several
is characterised by the high concentration of luxury brands, featuring years, New York City has become a magnet for the millennial generation
approximately 300 top domestic and international brands. Recognised to work and live. New entrants to this illustrious metropolitan city are Pele
worldwide, these streets have achieved global status. Recent entrants Soccer, Soarin’ by Discovery, Taco Bell Cantina, Oliver Peoples, Suitsupply,
to the market include Urban Outfitters, Nike, NBA Store, Apple, Asics, William Barthman, Rebag, Five Iron Golf, Life Time Fitness, Jennifer Furniture,
Pittarosso, Woolrich, CMP, Calzedonia and Acne Studio. Deciem, Ralph & Russo, The Westside, Santoni, Traum Safe and La Fonde
Construction is set to complete this year by developer Nhood and amongst many others.
architects Chapman Taylor on Milanord2, a dynamic and strategically well- Developments in the pipeline include Bronx Point, which represents a
located retail and leisure destination which will house 99,100sq m of retail transformative mixed-use development of approximately 530,000sq ft
stores and 19,000sq m of cinema and multimedia space and 9,100sq m of that will bring permanently affordable housing, interactive and educational
restaurants, cafés and bars. The 41,000sq m Sky Plaza will host free, open- community facilities, dynamic retail spaces, and engaging new open space
air games and sports activities along with many cultural events. The centre, adjoining the Harlem River waterfront in the South Bronx. Being developed
which is only 30 minutes from central Milan, will include a cinema, children’s in a joint partnership between developers L+M Development Partners,
play areas and a marketplace for fresh, local produce as part of the family- Type A Projects, and BronxWorks, the first phase of Bronx Point will
friendly offering. The aim of the new development is to create a day-out deliver in 2023 approximately 540 units of permanently affordable housing,
experience for people of all backgrounds and generations in a unique new world-class open space, unique cultural destinations, and will create many
style of multi-use shopping environment, which will provide a community permanent and construction job opportunities.
hub for the city and the wider region. One of the biggest ongoing projects in the world is Hudson Yards, which
Due to launch at the end of 2023, Maximall Pompeii is inspired by the is New York’s newest neighbourhood and home to more than 100 diverse
structure that characterised the ancient city plan of Pompeii, the Maximall shops and culinary experiences, offices for leaders in industry, significant
Pompeii complex was born from the idea of creating a pole of tourist public art and dynamic cultural institutions including The Shed, modern
attractions near the archaeological site of Pompeii and all other areas of residences, 14 acres of public plazas, gardens and groves and the world’s
tourist interest in the area. The need to provide the visitor and tourist first Equinox Hotel®. Hudson Yards has become the cultural center of
with an integrated premium service has led to architectural choices where Manhattan’s New West Side. A template for the future of cities, this new
multiple functions coexist within a single structure capable of creating neighbourhood has not only changed the way New York looks to the world,
involvement that gives a unique experience to the visitor as a primary but the way the world sees New York. The ongoing development has begun
element of attraction, excellent shopping with the exclusivity of the offer opening, with the first of its phases launching in 2019 and the final completion
in much more. of this ground-breaking development is scheduled to complete in 2024.

Bronx Point, New York, US
Developers: L+M Development Partners,
Type A Projects and BronxWorks