San Siro: 91% of Milan and Inter stadium will be ‘demolished’
A report commissioned by Inter and Milan suggests that over 90% of the Stadio Meazza, including the towers, the first and third tiers, will be demolished.
Circa 90% of the iconic Stadio Meazza is expected to be demolished to build a new stadium co-owned by Inter and Milan, who have recently reached an agreement to buy the area in the North-West of Milan.
These numbers emerge from the ‘Final Report on the Negotiation’ by professors Alessandra Oppino and Giacomo Morri, professors at the Politecnico and Bocconi Universities.
How much Milan and Inter spent to buy San Siro area
Their task was to assess whether the valuation estimated by the Revenue Agency to buy the San Siro area, €197m, was appropriate, but also to evaluate overall costs and possible deductions.
“Based on the investigations carried out and the preliminary project, the first tier (around 13,714 cubic meters), the third tier (10,312 m³) and the towers (26,060 m³) are to be entirely demolished,” the document reads, as quoted by Corriere della Sera.
“The demolition of the second tier accounts for 80% of the volume (32,898 m³), with the remaining 20% (8,247 m³) preserved.
“The total volume to be removed amounts to about 91,382 m³ (circa 91% of the total), while the preserved volumes amount to about 9,072 m³.”
Details about Inter and Milan’s new stadium emerge
Inter and Milan are yet to present a rendering for their new stadium, but they have already submitted a ‘descriptive document of the new stadium project.’
This document indicates that approximately 43,000 square meters will be allocated to offices, 20,000 square meters to four-star hotels, and 15,000 square meters to the stadium’s parking lots.
Each hotel will have 350 rooms and the area will also welcome shops, restaurants and Inter and Milan’s museums.
The cost for museum tickets is expected to be €38, with a prediction of 450,000 visitors per year.
Inter and Milan believe that the new stadium will bring €900m per year to the San Siro area and have a positive economic impact close to €3 billion for the city of Milan and its surroundings.