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From Expo to the Olympics, Milan bets on big events to fuel its transformation to a global city
Milan’s urban renewal, fueled by Expo 2015 and the 2026 Winter Olympics, includes €4 billion invested, new infrastructure, and a 6.5% tourism rise in 2025, officials said.
- Earlier this month, Milan added the title of Olympic city to its fashion and finance capital status, crowning two decades of growth that reshaped the skyline and boosted investment, tourism and cultural life.
- Expo 2015 drew 22 million visitors over six months and repositioned Milan as an international tourist destination, while a wave of redevelopment since the early 2000s reshaped the skyline with CityLife district, Porta Nuova development, and UniCredit Tower.
- Assolombarda reported hosting costs of 735 million euros and visitor spending near 1 billion euros, while Bocconi data shows about 4 billion euros were invested in the Games.
- A 20-hectare project will deliver 100,000 square meters of housing, with about half social housing, and the athletes’ Olympic Village will be converted into public assets, accelerating redevelopment.
- Housing activists warn that events and luxury projects have driven up prices, urging policies to free up 80,000 uninhabited residences as critics say benefits do not 'trickle down'.
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24 Articles
From Expo to the Olympics, Milan Bets on Big Events to Fuel Its ...
·Washington, United States
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Coverage Details
Total News Sources24
Leaning Left9Leaning Right2Center12Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 39%
C 52%
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