Palermo
PIAZZA MARINA AND CALA MIXED DISTRICT, Palermo
Permitted uses: Hospitality
PROPERTY
MAIN SPECS
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28.000
Land area (m²)
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0,7
Distance from the port (Km)
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31
Distance from the airport (Km)
Palazzo delle Finanze of Palermo, formerly the Vicaria Prison, and Palazzo della Zecca–Niscemi are landmark properties overlooking Piazza Marina in the historic centre. The enhancement program is promoted by the Municipality of Palermo and the Italian State Property Agency (Agenzia del Demanio) within the framework of the Piano Città. Palazzo delle Finanze is developed over four levels around a central courtyard, with a total surface area of 14,224 sqm, of which 13,750 sqm constitute gross usable floor area. The proposed development strategy is hospitality-led, with the ground levels opened to hybrid socio-cultural uses, supported by private investment in return for a concession fee payable to the State. Palazzo della Zecca–Niscemi is a complex composed of two buildings. Palazzo della Zecca features an internal courtyard, six floors and public office spaces, and it is connected to Palazzo Niscemi, a five-storey building with internal courtyards, staircase and lift, currently hosting offices, two residential units and tertiary functions. The complex offers significant regeneration potential through transformation into hybrid uses, housing, retail spaces, an urban centre and social areas through a public-private partnership model. The development path may include the adaptive reuse of Palazzo della Zecca–Niscemi, currently used as offices, with repositioning towards functions of public interest and services. Proposals may concern both properties or solely Palazzo delle Finanze, with the objective of combining heritage recovery, economic sustainability and urban regeneration. The Municipality and the Agency are open to negotiating mixed-use proposals including residential components and measurable social impact.
Iconic historic estates offering adaptive reuse potential for culture, hospitality and innovation
STRENGTHS
- Historic buildings of outstanding architectural value
- Strategic location
OPPORTUNITIES
- Mixed-use development: housing, social and public spaces
- Significant potential for adaptive reuse
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Property type
Hospitality
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Land area (m²)
13.775
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Year of construction
17th-18th Centuries
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Risk profile
Value added