Backed by €1.5 billion in investments during the past five years.

It will be situated within the "RED (G)" urban redevelopment project, which integrates residential developments, hospitality facilities, and retail spaces.

How small and medium-sized construction enterprises can contribute to the provision of affordable housing.

The second phase of the project will last seven years and involve an investment of €4.3 billion.

The Valckensteyn development, designed by architecture studio Powerhouse Company, will comprise a total of 82 residential units.

It will connect the island of Sicily with the region of Calabria.