The Student Hotel to develop landmark Florence mixed-use project

The Student Hotel is pushing ahead with its plan for a landmark 82,000-square-meter (883,000-square-foot) mixed-use development, anchored by a 550-room TSH hotel, in Belfiore near the city center of Florence, after receiving a key zoning permit from the local municipality in mid-May.

This is the largest of five developments the Amsterdam-headquartered developer/investor and operating company has in Italy — three in Florence and one each in Rome and Bologna — and takes TSH’s total investments in the Italian market to around €375 million ($418 million), with six more projects targeted.

Charlie MacGregor, TSH founder and CEO, said: “The stunningly beautiful city of Florence is a magnet for TSH’s core community of international students, but its popularity also means there is huge pressure on accommodation close to the center. The planned development at Belfiore is one of the largest in the city and our second in Florence. It will create a vibrant and attracti