Porta Nuova, Milan’s central business district, was awarded Best Urban Regeneration Project of the year at the MIPIM ceremony gala in Cannes on Thursday. The vision of COIMA CEO Manfredi Catella, and the result of a vast collaborative effort – involving more than 20 design architects from 8 different countries including PLP president Lee Polisano and PLP partners Alessandra Luzzatto and Andrei Martin, the project has transformed over 290,000sqm of industrial wasteland into a thriving mixed-use urban hub. Comprising office space, residential units as well as retail and cultural venues, Porta Nuova is one of the largest urban development projects in Europe.