One of the main factors driving urban transformation in Europe and Italy today is constituted from the redevelopment and regeneration of abandoned railway and industrial areas. TO Naples, in particular, the processes of urban regeneration and urban-building transformation interventions for the historic centre, eastern area and north-western area awill be of interest from today by 2050 a territorial area of approximately 3.5 million of square meters (almost three percent of the municipal territory) and will allow the development of a potential gross surface area exceeding 2.65 million square metres, including the residential sector (over 635 thousand square metres), the tertiary sector and service activities for people and businesses. businesses and management (approximately 663 thousand and 557 thousand m2 respectively) and modern craftsmanship (approximately 715 thousand m2).
During the event “The Naples that will come”, organized today in the Campania capital by FS Sistemi Urbani, the leading company of the Urban Polo of the FS Italiane Group, the Scenari Immobiliari report was presented Naples, the railway yards and the economic and social consequences of their regeneration which contains the point of view on the real estate market of the Neapolitan city, as well as the economic impacts of urban transformation.
The real estate market of Naples
The real estate market in the city of Naples is characterized by unique dynamics that significantly influence the population’s purchasing and rental decisions. The lack of properties is a predominant element, accentuated by the polarization phenomenon within and close to the urban centre, contrary to what is witnessed in many other metropolises.
In 2023, over 7,300 transacted residential units were registered in the city (+1.2 percent compared to 2022), forecasts are for continued growth, with volumes traded at the end of 2024 close to 7,400 homes. The average sales prices in 2023 amounted to 7,200 euros per square meter in the central areas, 3,350 euros per square meter in the semi-central areas and 2,420 euros per square meter in the peripheral areas. Estimates for the end of the current year indicate an increase in prices of over five percentage points in the central and semi-central areas, and by four points in the peripheral areas.
A market in which the former railway yards, capable of providing adequate responses to the new social and economic demand, can redesign the development of the city in a polycentric and socially and economically attractive way.
“In the city of Naples – declared Mario Breglia, president of Scenari Immobiliari, at the opening of the conference – the areas of transformation, redevelopment and valorisation which include the former railway yards within their areas cover the dual role of supporting infrastructure and accelerator of the most extensive Neapolitan regeneration process. These priority areas contain areas owned by FS Sistemi Urbani for a territorial area of approximately 45 hectares (almost 13 percent of the main regeneration processes and transformation interventions), which offer the possibility of developing just over 140 thousand square meters of gross surface area (just under 5.5 percent of the total). The potentially generated added value – concluded Breglia – varies between 650 million euros and 775 million euros in relation to the proposed functional mix of possible developers”.
The regeneration projects of the railway yards in Naples
Among the significant projects we highlight:
The “Napoli Porta Est” project focuses on the areas of the former FS freight yard of Corso Lucci and Porta Nolana. The construction of a new intermodal hub in direct connection between the station-port-airport is envisaged with the simultaneous urban regeneration of the entire city area which extends for approximately 180,000 m2.
For the implementation of the project, last 09/11/2023, the Campania Region, the Municipality of Naples, EAV, the Italian Railway Network and FS Sistemi Urbani signed a Program Agreement which provides, among other objectives, an international design competition for the drafting of the overall Masterplan of the interventions, including the design of the new Headquarters of the Campania Region at the former freight yard.
The “Napoli Campi Flegrei” project is aimed at the west of the city and provides for infrastructural strengthening with the creation of the L2-L6 modal interchange, through the construction of the new stop and depot of the L6 metropolitan line, and the simultaneous regeneration of the railway areas disused owned by the FS Italiane Group.
To date, the technical-administrative process is underway for the signing of the Program Agreement between the bodies involved which envisages, among others, the creation of the new infrastructure serving the L6, the new Parthenope university campus and the definition of the new area urban.
- Naples_ Interventions L2: in implementation of the Memorandum of Understanding of 07.27.2023, interventions are envisaged aimed at strengthening the infrastructure system, the development of Local Public Transport and the urban regeneration of the railway areas located in the city of Naples.
