Conca De Amicis, regeneration turns the spotlight on Milan's old town

The Conca di Viarenna - now relaunched as the 'Conca De Amicis', for continuity with the neighbourhood next door - is at the centre of a regeneration project that aims to bring vitality back to one of the Navigli Milan's historic places. The initiative, led by the NMG/5VIE Association with Brand for the City, concerns the area between Corso di Porta Genova, Via De Amicis, Via Arena and Viale D'Annunzio and aims to rebuild an 'urban village' based on participation, proximity and the enhancement of local activities.

Alongside the community work, the most significant piece is the Pan - Parco Amphiteatrum Naturae, the large archaeological park due to open next spring, which recomposes the Roman amphitheatre and connects it to the cultural system of Colonne di San Lorenzo, Basilica, Parco delle Basiliche and Sant'Eustorgio, creating a green corridor of over 100,000 square metres. This redevelopment is intertwined with Italia Nostra's project for the creation of a 'Heritage Community' dedicated to the Conca di Viarenna.

The set of interventions - the archaeological park, the cultural revitalisation and neighbourhood initiatives - is bringing attention back to the area, thanks to the strengthening of the neighbourhood's 'high' position, especially in the streets closest to Sant'Ambrogio and Porta Genova, and the potential increase in the

This combination of cultural, landscape and community interventions is having an impact on the overall perception of the area, which in terms of building type, demand and values actually belongs to the southern historic centre strip, in continuity with Sant'Ambrogio and Carrobbio. In the first half of 2025 Tecnocasa notes a price increase of 0.8% for the Centre, a dynamic that does not affect other neighbouring macro-areas but accurately describes the behaviour of the consolidated central areas.

The property market in Via De Amicis-Conca del Naviglio already reflects this trajectory. According to RealAdvisor, an aggregator of real estate surveys, average quotations are around €8,500 per square metre, with peaks exceeding €10,000 in renovated or prestigious solutions. These levels are clearly higher than those recorded by Idealista in the Savona-Tortona-Porta Genova area, which stops at around 6 thousand euros per square metre, and confirm the distance between the Conca micro-neighbourhood and the commercial Navigli. The proximity to the M4 De Amicis stop, the historical characteristics of the stock and the growing attention to the cultural context help to support the market, which has a high liquidity: in the area there are more than a hundred active ads among two- and three-room flats, in high demand by professionals, young families and investors oriented to rent.