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Galliera (BO) – Former Siapa Facility Regeneration Area

Disused industrial-production area, former Siapa factory, located in the municipality of Galliera, in the metropolitan area of Bologna, north of the regional capital. The site, which covers an area of more than 19 hectares, is part of a large urban regeneration project that allows for the establishment of a plurality of public and private uses. The area is well-suited to being redeveloped with productive and management functions, research and training facilities, residences for students and the elderly, welfare and social-health facilities.

Via Vittorio Veneto , 2-5 - 40015 Galliera (BO)

Details

Property types
Areas in transformation
Permitted uses
Other Functions, Commercial, Office, Industrial/logistic, Healthcare/Senior Housing, Hotel and leisure
Land area (m²)
194,000 m²
Total GIA (m²)
State of maintenance and repair
To be refurbished/valorized
Occupation status
Vacant
Risk profile

The former industrial area is located north of Bologna, in the urban area of the municipality of Galliera, with good accessibility with respect to the provincial roads and motorways, and the possibility to be reached by means of public transport and sustainable mobility. The site comprises three groups of buildings and is characterized by large open spaces, making it ideal for hosting a variety of functions. Potential investments include university and student housing, research sites and healthcare facilities, energy and agro-industrial innovation. The Ministry of Ecological Transition has allocated an important loan (€ 4 million) for the restoration of the production area. The conclusion of the restoration works is expected by 2024 with the commissioning of the work in 2025. The gross yields estimated for the various functions that could be built on the area range between 5.5% and 6.5% for industrial use and between 6.0% and 7.0% for commercial use.

The area subject to redevelopment is located in the municipality of Galliera (population 5,529), an area included in the metropolitan area of Bologna (population 1,010,812), in the Emilia-Romagna Region, in San Vincenzo, in the heart of the town, a short distance from the railway station. The area of the former Siapa factory, built in the early 1930s and decommissioned in 1999, contributed over time to the development of the local community, and today requires urban regeneration, with complete land reclamation. The area is bordered to the south by via Vittorio Veneto, where the only access to the site is located, to the east by the Bologna-Venice railway line, and to the west by some agricultural land which separates it from the town. The Provincial Road SP-4, which crosses the municipal area, easily connects the site to Bologna (32 km – 45 minutes by car), skirting the infrastructure of the Bologna Interport, which is 28 km from the area (20 minutes by car). The site is located approximately 10 km away from the “Altedo” motorway exit of the “A-13” Bologna-Padua highway, which allows for rapid access to the A-1 (Milan-Naples) highway. The Galliera railway station, on the Ferrara-Bologna line, with high-frequency trains, is located about 300 meters from the abandoned industrial site.

Regeneration Area
194.000 m2

Disused industrial-production area, former Siapa factory, located in the municipality of Galliera, in the metropolitan area of Bologna, north of the regional capital. The site, which covers an area of more than 19 hectares, is part of a large urban regeneration project that allows for the establishment of a plurality of public and private uses. The area is well-suited to being redeveloped with productive and management functions, research and training facilities, residences for students and the elderly, welfare and social-health facilities.

This property is part of:

IHIF 2024

MIPIM 2023

Procedure

See contact details for expressions of interest or similar

Via Vittorio Veneto , 2-5 - 40015 Galliera (BO)

Contact

ICE - Italian Trade Agency

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