FROM HOTEL INDUSTRY TO THE REGENERATION OF LARGE AREAS

AFTER HOSPITALITY, STARCHING IS SHOWING INTEREST IN PROJECTS RELATED TO THE THIRD SECTOR, FROM SPORT TO UNIVERSITY.

Hospitality is the sector that narrates Starching’s growth from 2019 until today, in 2024, the year in which the construction site of a hotel in Via Panisperna, in the Monti district of Rome, will also be completed. ‘From Palazzo Parma, to mention another example in the hospitality sector, to the Enel headquarters in Rome, as a reference for a large-scale urban redevelopment project. The most important challenges for our team – says Vera Capsoni, General Manager of Starching – remain the urban regeneration interventions that today see us involved on the Genoa Waterfront, in Rome, and in Milan, where Starching is also part of the team for the new Beic library project, whose works have recently begun. With an ambitious construction site in terms of time management to capitalize on the resources of the PNRR. (National Recovery and Resilience Plan)

A new piece of the puzzle for public works that Starching aims to integrate into its own framework, bolstered by the recent assignment from the Friuli-Venezia Giulia Region to contribute to the redesign of another waterfront, that of Trieste. Business growth is accompanied by significant diversification linked to clients: on one hand, businesses, on the other hand, private individuals working in luxury, with a significant commitment to issues concerning the conversion of large areas. Dozens of projects and construction sites are underway, ‘where we deploy the experience gained over the years – explains Vera Capsoni – leveraging the skills of a growing team, in a professional environment that values continuous investment in training and the opportunity to engage in complex projects, in synergy with the entire supply chain, participating from designers in all stages of the process’.

The distinctive character of Starching lies in its know-how and in its ability to set initiatives in motion, infusing them with energy and drive. ‘In response to an increasingly significant demand from the market – Capsoni continues – in recent months, we have acquired 51% of the shares of Crea, and since July, we have been more structured to provide timely responses on project and construction management issues.”

“The acquisition of shares in Crea Epc Solutions Srl – established in Milan in 2019 and previously exclusively owned by Mpartner – in July 2023 responds to the increasing demand, in recent years, for specific services related to project and process management in the real estate sector. The identified strategy is clear: to support clients from the early stages of real estate development and to approach all strategic decisions pragmatically, organizing and overseeing the development of project, procurement, and construction phases.

In 2024, the new Board of Directors of Crea was appointed, with Michele Migotto as CEO, Carlo Giacosa representing Starching, and Carmine Concas for MPartner.”

In 2023, the project activity related to data centers was also consolidated, where Starching holds a 33% stake in Maestrale (with Redesco for structures and Ariatta for plants), which closed the year with a balance sheet of around 10 million euros. Starching is keen on projects related to the third sector, from sports to universities, as seen in cases like the Palasport in Genoa or the Unimi complex in the heart of Mind. ‘This year, we aim to strengthen other lines of business, either through acquisitions or by enhancing projects and resources,’ concludes the general manager.

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