The future of urban regeneration in Italy.

A significant number of new jobs are expected, with a minimum estimate of 100,000 employment opportunities. The anticipated growth does not only concern the construction sector, but also extends to services, indicating a transverse impact on different segments of the economy.

The prospects for urban regeneration in Italy recently attracted attention at the CITIES OF THE FUTURE conference inRome, where the First National Report on Urban Regeneration was presented. This report, the result of a collaboration between Scenari Immobiliari and Urban UP | Unipol, is a key study to understand the scope and importance of this ongoing urban transformation. As Mario Breglia, President of Scenari Immobiliari stated, "The future of the real estate market is in its past. Growth with''markets that have irregular logics. This is the most important 'playing field' for our future, where government expectations must match market and funding forecasts. "

Regeneration of cities by 2050.

If current market dynamics continue over the long term to 2050, the area of potentially regenerated land in the country could be nearly 920 square kilometers, representing approximately 1.6% of the national built-up area. In addition, more than 350 million square meters of buildings are expected to be developed at a density of about a third of the size of the affected areas. Urban regeneration activities could generate industrial revenues estimated at €2,300 billion over the next 27 years.''Of this amount, 700 billion will come directly from real estate, 850 billion from indirect results and 750 billion from the introduction of other goods and services. It will also have a positive impact on the public coffers, generating an additional annual revenue of 20 to 25 billion euros through the activation of underutilized or unused public areas, buildings and public spaces. In addition, a significant impact on employment is expected with 100,000 new employees in the real estate sector. Of the 920 square kilometers of potentially regenerated territory, Lombardy has the largest share at 21%, followed by Veneto (19%), Emilia-Romagna (17%), Piedmont (14%) and Lazio (7%). In terms of real estate development, the same regions will share a large''environmental and cultural aspects. Special attention is paid to areas of the city that have been neglected for a long time, characterized by decay and lack of green spaces and services for residents. Here, efforts are aimed not only at renewing the physical aspect, but also at revitalizing the local community and creating more comfortable and socially inclusive spaces. At the same time, in the central areas, which are the most attractive in terms of real estate, the focus is on the renovation of buildings.

In the near future, Rome faces challenges that are equally significant and complex.