NEWS – SEPTEMBER 30, 2026

Harmonia in Milan: Near and Aria Ex Macello for an Accessible Regeneration Model

Housing affordability remains one of the challenges that European policies struggle to translate into concrete action on the ground. To address it, HARMONIA has been launched: a new project funded by the European Commission under Horizon Europe and the New European Bauhaus Facility, which officially kicked off last week with a meeting hosted by the University of Bologna, the project coordinator. Near is part of the consortium.

HARMONIA starts from a simple question: how can cities renovate and expand their housing stock while keeping costs sustainable for residents, respecting environmental limits, and creating places where people want to live? To answer it, over the next four years the project will deploy different solutions in three European countries: in Belgium through a deep renovation, in Greece with a new build aligned with climate goals, and in Italy with a hybrid approach in which the development of new volumes is linked to the restoration of existing buildings, with no additional land consumption and without recourse to public funds.

The Italian Pilot: Aria Ex Macello

The Italian pilot is taking place at Aria Ex Macello in Milan, on the site of the former municipal slaughterhouse. Near sgr is developing the new residential buildings through a ring-fenced revenue mechanism: the proceeds generated by the new construction co-finance the restoration of the existing buildings in the immediate vicinity. In other words, a model in which the new allows the old to regenerate itself.

The buildings are designed to be built using offsite technologies: prefabricated structural elements, façade systems and bathroom pods, developed together with Edera, to reduce construction time, costs, waste and impact on the surrounding area during construction.

A Replicable Model

The Milan pilot will test the feasibility of delivering affordable housing through a financially self-sustaining model, an issue that closely concerns investors, public administrations and social housing operators across Europe. The results will help define tools and models that other cities can adapt to their own context.

The project is coordinated by the University of Bologna and brings together 18 partners from research, social innovation, industry, finance and public administration. HARMONIA contributes to the goals of the New European Bauhaus, the EU Cities Mission and the European Green Deal. Near will follow the project’s progress over the coming months and share the main results.