State and public property: a case study of investment advantages and development strategies

The recent “Save Italy” Decree - which is still under scrutiny - placed significant emphasison the decommissioning of important state and public-owned assets.
The legislation focuses on thegoals, procedures and partnerships necessary for implementing development policies and strategies thatintegrate public finance needs with urban policy goals. It is clear that to put development policies intoaction, it is necessary to ensure the profitability of the transformed or sold real estate in accordance withall stakeholder needs.

This last goal is an ambitious one; and it is a priority that can be attained only througha series of targeted actions such as: simplifying administrative procedures and work flow decision-making;reconfiguring evaluation/estimation/planning tools; implementing management procedures that take intoaccount the “time” variable of these operations and interventions.
This paper explores the CavallerizzaReale (the Royal Riding Academy) complex in the City of Turin, a case study that lends itself to a criticalanalysis of the evaluation/estimation/planning issues mentioned above.

Cristina Coscia, Chiara Pano

 

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