Milan has transformed into a global city by leveraging major events like Expo 2015 and the Milan Cortina Winter Olympics to boost investment, tourism, and cultural growth.

The physical legacy is modest by design, featuring projects such as the SantAngelo arena and repurposed Olympic Village housing for about 1,700 students.

Around four billion euros were invested in Games-related facilities, transport, energy, and administration, with tourism expected to contribute roughly one billion euros and regional growth forecast to rise to about 1.7% in 2026.

Industry voices see the Games accelerating urban regeneration and international interest, while noting housing affordability and equitable benefits remain ongoing concerns.

Corporate and development actors describe these events as catalysts for continued urban renewal, citing projects around Porta Romana and Porta Nuova, including new fashion and luxury brand HQs and the redevelopment of former industrial sites into cultural and commercial hubs.

Expo catalyzed broader development—hotels, subway lines, and museums—but also drew criticism for housing price pressures and insufficient affordable housing.

Tourism growth and infrastructure upgrades followed Expo, yet critics warn rising housing costs threaten worker affordability and may favor private interests over public housing.

Industry players expect ongoing regeneration benefits from the Olympics, with accelerated timelines for Porta Romana and Porta Nuova projects and sustained investment in cultural and commercial infrastructure.

Industry insiders posit that major events attract global attention and accelerate redevelopment, with the Olympic spotlight fueling further transformation and ongoing regeneration in areas like the Symbiosis district.

Leaders anticipate continued regeneration around Porta Romana, Fondazione Prada surroundings, and wider Symbiosis district, leveraging Olympic exposure to attract international interest.

The Olympic legacy is expected to boost winter sports participation and related economic activity, including ski-related spending and hotel demand.

Post-Olympics plans include sustaining interest in winter sports through ongoing skating facilities and potentially creating a permanent ice rink.