Urban planning convention
It is the agreement between the public and private parties that regulates not only what is built, but how and for what purpose.
It not only affects the big operators: it also affects those who buy or use those properties in the future.
📍 Example: In Milan’s Olympic Village project, the agreement stipulates that the private entity will build the work, but that once the Games are over, the property will be used for social functions, with subsidized rents and public services.
