Restyling for the Stelline Foundation: architect Stefano Boeri will give a new image to the hotel in Corso Magenta

Restyling for the Stelline Foundation: architect Stefano Boeri will give a new image to the hotel in Corso Magenta.

Stelline Foundation kicks off a new chapter in its history through an important journey architectural, digital and financial renovation which also aims to achieve thefinancial autonomy by 2026. The architectural renovation of all hotel areas was entrusted to the studio Stefano Boeri Interiors, which was asked for a large restyling project with the aim of giving a new high-level image to the entire hotel.

The renovation project led by Stefano Boeri Interiors with Giorgio Donà, Partner and Director of the studio, will deal with the important historical traces that have characterized the building since its origins to create solutions of aesthetic continuity that respect the architectural context in which it is inserted and to maximize the distribution of hotel and conference spaces, which represent an extraordinary functional unicum.

“I am happy that we are being offered the opportunity to rethink the hotel housed in the Stelline complex. A meeting and cultural place that deserves to welcome with a new appearance the visitors and tourists who love our city in ever greater numbers. The restyling will be a necessary driving force to relaunch the architectural centrality of the Palazzo delle Stelline and enhance its functional peculiarity" he comments Stefano Boeri. The renovation project will lead to a significant increase in the number of rooms in the hotel, the creation of a spa within the hotel itself, the reopening of the restaurant to the public and the creation of a lounge for a bar service open to the public.

Fabio Massa, President of the Stelline Foundation: “The assignment to Stefano Boeri Interiors, with a view to improving the Stelline Foundation and the hotel we own, is fundamental for achieving the objective of financial autonomy that the foundation has set itself and which, in recent months, has been able to make decisive progress. The design of the new hotel and its award, through an open and transparent tender procedure, combined with the overall renovation of the building, will be the driving force of the foundation's activities in the coming years. I thank the stakeholders, the Lombardy Region and the Municipality of Milano, who are accompanying us along this path."

The cost of the works – The works will have a total cost of 16 million euros approximately: 8,3 million for the conservative restoration and the remaining 8 million for the hotel structure. The property is partially renovated co-financed by Lombardy Region funds for €4 million already approved and €1,5 million defined by a memorandum of understanding to be decided by 2024. The financial coverage of the hotel renovation will, however, be guaranteed through a debt plan fully sustainable by future management revenues.

Also the Municipality of Milano participates in this important redevelopment project with the return of the food area to the direct management of the Foundation, another fundamental asset of the building, and a contribution of €1,4 million. The project, whose implementation is expected to take place complete closure of the Palace for a period of no less than 9 months, has the final objective of giving the city back a place for culture and for the meeting of ideas, a public space with expanded services and greater investments to be dedicated to cultural proposals. And - above all - a Foundation that can invest in culture in complete financial autonomy starting from 2026.

From 31 August 2023 the rental contract with the current manager will be concluded, who will have to leave the structure no later than 31 December 2023. Fondazione Stelline is already working on the tender for the management contract of the Hotel. Senior Advisor for the choice of the Hotel's future management partner is Professor Magda Antonioli, Senior Professor at the SDA Bocconi School of Management and director of the SDA program for Executives in General Management for the Hotel Sector.

Not only is the "physical" renovation of the Palace underway but also the digital one: since May 22nd the new website, completely redesigned and rethought with a visual style that is clean, contemporary and minimalist while maintaining its institutional and Milanese character.

Programming – Thanks to an intense planning and curating activity, the Stelline Foundation has proposed important contemporary art exhibitions in recent years with the collaboration of some of the most prestigious artists on the international scene, such as Marlene Dumas, Tony Cragg, Anish Kapoor, wang guangyi.
The next cultural event is for 5nd June when the exhibition will be inaugurated Naturales Quaestiones by Katarina Ivanišin Kardum, one of the most interesting artists on the Croatian contemporary scene, in collaboration with the Museum of Contemporary Art in Zagreb and the Museum of Natural History in Milano. With the new Board of Directors, greater impetus has been given to the idea of ​​a Foundation as a "home" in which different, plural ideas are compared, which will be opportunities for in-depth analysis and debate.