Vega 2: the Venice Waterfront

December 2012

Condotte Group

Condotte d’Acqua S.p.A., founded in 1880, is the oldest construction company in Italy, has worked in more than thirty countries worldwide, and operates in fields ranging from infrastructures to civil building, from healthcare to renewable energies.

The group was formed by the merger of four of the Italian leaders in the construction industry: Società Italiana per Condotte d’Acqua S.p.A., founded in Rome in 1880, Ferrocemento S.p.A., founded in Genoa in 1932, Recchi Costruzioni Generali S.p.A., founded in Turin in 1933, and Gambogi S.p.A., founded in Pisa in 1912.

For over 130 years, Condotte stands for reliability and quality in the construction industry, and today, with a turnover of more than one billion euro, is one of the main Italian companies in the field of infrastructures and civil building, as well as an outstanding partner for the development of complex development projects.

Image: The Cloud, new conference center in Rome. Project: Arch. Massimiliano Fuksas. Builder: Società Italiana per Condotte d’acqua.

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Projects in progress

Among the works in progress of residential buildings, in addition to the many initiatives developed by Condotte Immobiliare in Italy, there are the Cloud Congress Center in Rome, the new NATO headquarter in Giugliano, the residential tower Zlota 44 in Warsaw (designed by Daniel Libeskind, right photo), the cellar for the Antinori’s in Bargino (Florence), the Business Centre Pointe de Simon in Martinique (left photo).

The Vega 2 project is one of these prestigious works in progress.

Vega 2 is part of the urban regeneration of a wide area of Marghera, the waterfront of the Venetian mainland.

Condotte, through the Vega 2, is the first mover in this urban regeneration process.

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Vega 2: The local framework

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The Vega 2 is located at the edge of Turin - Milan - Venice area, the middle part of the Pan-European Corridor V (the plurimodal strategic way linking Kiev and Eastern Europe with the West of Europe). The Turin - Milan - Venice area is one of the most important regions of Europe: 10 cities, 550 km, 26 million inhabitants.

Location: the Turin - Milan - Venice area

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Location: the metropolitan area

Vega 2 is in the heart of the new metropolitan city called PA.TRE.VE., the merger of the administrative territories of Padua, Treviso and Venice.

PA.TRE.VE. is a highly infrastructured region, populated by over 2.6 mln people, visited yearly by more than 40 million tourists (among the top 20 metropolitan cities in Europe in the 2010 ranking issued by OCSE).

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PA.TRE.VE. is one of the most populated and fastest growing areas on the Turin - Milan - Venice corridor.

The catchment area

MILAN

TURIN

VENICE

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Location: Venice

Venice is visited yearly by more than 24 million tourists. Of these, an increasing flow of 2.6 million, chooses accomodations on the mainland.

The Vega 2 site:

Has a catchment area of over 550.000 residents, younger and with a salary higher than the national averages;

Vega 2 It is Venice’s gateway (VE.GA. stands for Venice Gateway) and the part of the mainland closest to the lagoon city;

Overlooks the lagoon of Venice, which belongs to the realm of one of the largest lagoon ecosystems (550 sq.km) in Europe and the entire Mediterranean area.

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Roads, connections and infrastructures

Vega 2 is:

Close to the main road that connects Venice to the mainland and the motorway;

15 minutes far from Marco Polo Airport, 3rd airport in Italy;

10 minutes far from the railway stations of Mestre and Venice Saint Lucia;

5 minutes far from the Port of Venice (Maritime Station - Passengers Terminal) first cruises homeport in the world.

Nearby:

Railway station (Regional and Metropolitan Railway Service);

3 stops of the urban and suburban bus lines (15 lines and 18.000 commuters per day);

New light urban railway (work in progress) with provision for near the area, to further facilitate connections to Venice and Mestre;

Future water connection to the historic center of Venice through the Brentella channel.

Main roads

Railway

Light urban railway Connections by water

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Vega 2 is next to the largest and most prestigious business district of Veneto region: VEGA, the VEnice GAteway for Science and Technology.

The Science and Technology Park (65.000 sq.m of offices and services, 150 companies settled, over 2.500 users) together with the industrial and harbor area of Porto Marghera, establish a pole of attraction permanently attended by 19.000 people.

Vega 2 arises in this context and represents a magnet for companies looking for an innovative headquarter in Venice: a modern and efficient set of buildings for services, retail, hospitality, public and private offices.

Vega 2 is strongly linked, as well as the historic city of Venice, with all the important urban regeneration projects that are developing in the Venetian mainland: M9 the Contemporary Art Museum, the university and public district located in the closed Via Torino, the developments in the surrounding areas Vega 3 and Vega 4, and the Palais Lumière.

Location: the Venice Waterfront

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Vega 2 is the opportunity of: …

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…a new waterfront for the metropolitan area

By a couple of year, all over the world, is in act a regeneration process of urban waterfronts.

Many cities have rethought and redeveloped their waterfront, transforming old harbor areas or former industrial sites, in new regenerated districts perfectly integrated with the city life.

Few examples: Hamburg (right), Barcelona, London and Liverpool in Europe; Toronto, Buenos Aires, Sydney, Baltimore, in the rest of the world.

In Venice, the most famous water city in the world, the redevelopment of the waterfront starts from the Vega 2.

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…VGD 50x50: a green dream to start the regeneration

During the 13th International Architecture Exhibition of the Venice Biennale, the Vega 2 area hosted a collateral event entitled 50x50 Venice Green Dream.

The designer, landscape architect Andreas Kipar, has wanted to evidenced the chance of a different future for Porto Marghera. Through this landscape artwork he wanted to propose a model of sustainable development: the Green Landscape Economy.

From Brownfield to Greenfield: because the transformation of Marghera can only take place starting from the green and from the environmental regeneration of the former industrial areas.

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Image: 50x50 Venice Green Dream, Collateral Event of the 13th International Architecture Exhibition (Venice Biennale).

…50x50 Venice Green Dream: the start-up of the process

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…an environmental regeneration without consuming land

The Vega 2 is located within the North area of Porto Marghera, for some years this area has gone through a deep process of industrial and environmental regeneration.

The old factories, largely inactive or held for sale, are leaving room for activities related to research and innovation, in a large urban renewal project.

On the Vega 2 area, 55.000 sq.m of land have been cleared by the pollution, and the site is now one of the few areas of the Venetian mainland cleaned up and ready to host an urban renewal project that will be built without any consumpion of land.

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Vega 2 is a 40.000 sq.m building dedicated to office, commerce, exhibitions and hospitality.

The Condotte group directly manages all the devlopment and investment processes.

Vega 2 represents the opportunity to join a major real estate development, in which is possible to build a product in line with the needs of the companies that will settle there (building suite).

Vega 2 is a summary of Condotte group’s know-how and expertise in the design and construction of green buildings.

The buildings will be provided with high standards of quality and modern technological solutions also from the energetic point of view (energy saving and energy production through trigeneration).

…a unique real estate investment

Image: The Cloud, new conference center in Rome. Project: Arch. Massimiliano Fuksas. Builder: Società Italiana per Condotte d’acqua.

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Vega 2: the functions

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A multiplicity of functions to meet the needs of a complex environment.

A business district for private and public companies

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Vega 2 will provide modern and efficient spaces in a context of international visibility.

Vega 2: a showcase for the enterprises

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Research laboratories, enterprises and university will be able to find place for synergies.

Strengthening of the Science and Technology Park

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Vega 2: public and commercial spaces available to a large catchment area in a location with high visibility and accessibility.

Public space for leisure and retails

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The hotel will welcome tourists and business travelers.

Budget design hotel for the new generation and business travelers

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Vega 2 will also provide spaces for art, culture, meetings and events.

Image: The italian pavillon to the 13th International Architecture Exhibition (Venice Biennale).

A place for art and exhibitions

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The waterfront as a place for leisure

The Vega 2 open spaces, at the border between water and land, will become places to live.

Image: Copenaghen, a contemporary city on water.

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Headquarter: Via Salaria 1039, 00138 Roma

Tel. +39.06.88334321 Fax. +39.06.88334391

Padua Office: Via B. Bellano 11, 35123 Padova

Tel. +39.049.8756669 Fax. +39.049.8757272

Milan Office: Via T. Salvini 10, 20122 Milano

Tel. +39.02.7779131 Fax. +39.02.777913211

immobiliare@condotte.com www.condotteimmobiliare.com

www.condotte.com