Investments in projects of urban regeneration, aimed at reducing situations of marginalization and social degradation (Mission 5 – Component 2, Investment 4)
Italy's Recovery and resilience Plan provides municipalities with grants for investments in urban regeneration, to reduce marginalization and social degradation as well as to improve the social and environmental context of urban centres. The measure aims at supporting the reuse and re-functionalization of public areas and existing public building structures for public interest purposes, and at improving the urban landscape through renovation of public buildings, with particular attention to the development of social, cultural, educational services, including sports activities.
The investment consisting of EUR 2 billion is financed by Italy's Recovery and Resilience plan.
The project involves the comprehensive redevelopment of Piazza Sacro Cuore and Corso Umberto I in Pescara. After decades of an anonymous city centre, the area now features green spaces, new paving, colours and vitality, creating a modern, sustainable and welcoming urban environment.
Additional media
- Reference
- M5C2
- Project locations
- Italy
- EU contribution
- €1 540 000
- Project website
- https://www.ancicomunicare.it/assembl...