Urban regeneration

Naples, student residence and 500-bed hotel inaugurated

The renovation operation, which lasted only two years, concerns a former Inps building. The investment was around EUR 40 million. Thirty per cent of the beds are reserved for deserving students without means, with reduced rates. CampusX will be the manager. Funders include the iGeneration Fund managed by Investire Sgr, Cdp Real Asset Sgr (Cdp Group), and the European Investment Fund (EIF)

by Laura Cavestri

L’interno della struttura

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

The new university student residence CX Naples Centrale will be inaugurated tomorrow, Friday 28 November, in Naples. An urban regeneration project that transforms the former Inps building into a modern university residence with 500 beds.

Management of the facility was entrusted to CampusX (CX Campus & Hotel), an operator specialising in student residences. The project, completed in just two years, involved a building complex of over 15,000 square metres in Via Galileo Ferraris 4, near the Central Station. With a total investment of around EUR 40 million, the redevelopment is an important part of the broader urban regeneration process that is redesigning the entire eastern quadrant of the city.

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L’asset

The new residence comprises 352 rooms, 74 of which are for the hotel formula, with a total of 541 beds. Conceived primarily for university students, but also open to young professionals and travellers, the facility offers large communal spaces, coworking areas and areas dedicated to sociability and wellbeing - study rooms, communal kitchen, laundry, gym, play zone, multimedia room and panoramic rooftop - complemented by reception, community management, security and maintenance, for a living experience that goes beyond mere accommodation. The aim is to create an open and inclusive community in constant dialogue with the surrounding urban fabric.

CX Naples Centrale is also a candidate for Pnrr funds and, therefore, thanks to an agreement with Adisurc - the company that deals with the right to university study in the Campania Region -, 30% of the beds (83 units) are reserved for deserving students without means, with reduced rates: 278 euro for a single room and 254 euro for a bed in a double room (costs include utilities and services).

Lenders

The CX Naples Centrale project was promoted and developed by the iGeneration Fund managed by Investire Sgr, Cdp Real Asset Sgr (Cdp Group), and the European Investment Fund (EIF), with the participation of other major institutional investors, including Fondazione CON ll SUD, Cassa Forense, Enpav and Intesa Sanpaolo.

The initiative benefits from the support of the Integrated Urban Plans Fund (PUI Fund), managed by the European Investment Bank (EIB) and financed with resources from the NRP. The Banca Finint Group and Sinloc - among the financial intermediaries selected to implement the Fund - supported the project with a EUR 10 million loan from the PUI Fund itself.

"CX Naples represents an evolution of the Anglo-Saxon and Northern European student halls of residence: a hybrid structure that encompasses student residence, hotel, hostel and coworking spaces," said Ernesto Albanese, President of CampusX. "It is an ideal place to foster inclusion and cultural contamination between students, professionals and travellers, which moreover provides around 80 beds for deserving students without means.

"This project is part of a broader strategy: to foster the sustainable growth of Italian cities by investing in areas such as education, research and innovation," added Dario Scannapieco, CEO of Cassa Depositi e Prestiti. "Every campus like this is a step towards a more competitive and inclusive university system

"We are proud to inaugurate the first university residence managed by the iGeneration Fund, a project that aims to improve the university housing offer with new social spaces and over 3,000 beds throughout Italy," emphasised Arturo Nattino, Chairman of the Board of Directors of Investire Sgr. "This is a virtuous model of public-private collaboration capable of channelling resources towards projects with a high social and territorial impact, strengthening the competitiveness of the Italian university system

"This project shows how coordinated action by the EIB Group - from the Fei-Cdp Real Asset initiative to EIB support via the Pui Fund - can transform unused buildings into strategic social infrastructure," concluded Gelsomina Vigliotti, EIB Vice-President.

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