Sicily: private capital breathing new life into local areas
From the revitalised square in Catania – along with a new venue – to the historic buildings on Via Maqueda, and the seafront at Villa Margi in Reitano (Messina): entrepreneurs and foundations are investing in areas where buildings and neighbourhoods have fallen into disuse, creating jobs, services and new economic opportunities
Key points
In Catania, to open Kebastard, Andrea Graziano had to start with the square itself: cleaning, CCTV, lighting, greenery and maintenance were all part of the investment of around 250,000 euros, made jointly with Abdallah Dadi. In Palermo, Francesco Caravello has restored the historic premises of the Martorana monastery to create a venue that combines a restaurant with a market for small-scale producers, and plans to transform the space in front of it into the ‘Strada dei Giusti’. Spanning Villa Margi, the Fiumara d’Arte and Librino, Antonio Presti has built a system in which artworks, hospitality and the image of the local areas generate visitor flows.
Three projects that have one thing in common: the investment does not stop at the property itself, but also extends to the wider area.
In Catania, investment starts in the town square
Piazza Sciuti had been redeveloped in 2017, but since 2020 its condition had gradually deteriorated. The presence of squatters and a lack of maintenance had made the area less liveable. With the arrival of Kebastard, Graziano and Dadi therefore decided to take on a broader role than is usually expected of those starting a business.
“We’ve always believed that the value of a business doesn’t stop at the door,” says Graziano. “A business can become the driving force behind a wider transformation.”
At its own expense, the company organised cleaning, rodent control and cockroach control. In collaboration with the local council, it helped to install litter bins, glass recycling bins, ashtrays and CCTV, as well as improving lighting, street furniture and green spaces. “Taken individually, these may seem like routine measures,” says Graziano, “but together they transform the quality of a place.”


