H-CAMPUS, €101 million agreement

H-CAMPUS, €101 million agreement

H-CAMPUS, €101 million agreement
22 February 2017
Our project is aimed at becoming the most important innovation hub in Europe.

At its full capacity H-CAMPUS will serve more than 3,000 students, young startuppers, professors, entrepreneurs and managers. Sharing the same place will foster the exchange of ideas, the establishment of opportunities, the sharing of experiences and best practices as inspiration and examples. A one-of-a-kind place in Europe: H-CAMPUS will not only serve as a privileged point of view on the future, on the new trends in work and technological advance, but will also be a unique hive of talents and competences for the economic and cultural growth of our Country.

The €101 million agreement was defined through the establishment of a real estate fund managed by Finint Investments SGR and will take effect once the buildability approval is obtained. It will be underwritten by Cattolica Assicurazioni, that will hold a 56% share, with the support of the FIA2 Fund “Smart housing, Smart working, Education & Innovation” managed by CDP Investimenti SGR, with a 40% share, and Ca' Tron Real Estate (a company owned by the H-FARM’s founders), with a 4% share. The €101 million fund consists of existing assets, acquired by Ca’ Tron Real Estate, worth €32 million and assets owned by Cattolica worth €10 million, plus €59 million of liquidity to be used for the development of this new project.

The real estate project includes the extension of the area occupied by H-FARM from 14,000 square meters of built space and 12 hectares of park to 31 more hectares of land, with 26,000 square meters of new buildings, for a total worth of €69 million. We will have the entire complex at our disposal under a 30-year lease that will allow us to organize our activities within a time frame appropriate for the development plans. The investment highlights our full commitment towards innovation, that today results in the creation of an international hub where students, professionals, entrepreneurs and managers are guided in a digital transformation process and become informed protagonists of today’s changes, able to understand and anticipate these changes.

At a normative level, H-CAMPUS was recognized as a “project of strategic interest” by the Veneto Region and falls under Regional Law 35/20, article 32, now in its final authorization phase. This is one of the first examples in Italy.

The project will be with high sustainability at its core: only 10% of the entire land (50 hectares in total) will be constructed. The remaining area will be devoted to a 27-hectare park. The new buildings, that will host classrooms, conference hall, restaurants, meeting rooms, dormitories and sports facilities, will be a “zero volume” architecture, that are interventions in the existing built area that do not add new cubic meters of space. The buildings will be powered by renewable energy and will produce no carbon emissions. According to a study by the Ca' Foscari University of Venice research center, the estimated annual economic outcome for the surrounding communities is more than €8.7 million.

H-CAMPUS was designed once again by the architectural firm ZAA (Zanon Architetti Associati) and the library is a project by Richard Rogers, one of the world’s greatest architects, who has just celebrated the first 40 years of the Centre Georges Pompidou, that he designed together with Renzo Piano.