Friday, January 31, 2020

Palazzo Lancia

Palazzo Lancia (Lancia Palace), also known as Grattacielo Lancia (Lancia Skyscraper), is a high-rise building located in the northern Italian city of Turin. It was originally commissioned by Gianni Lancia, president and son of the founder of Italian automobile manufacturer Lancia, to serve as main headquarters for the company.


Palazzo Lancia is built like a bridge over Via Vincenzo Lancia, which passes underneath it. In such a position it joined together the northern and southern halves of Lancia's Borgo San Paolo plant, which was crossed by the pre-existing road as it had been built and acquired in various stages between the 1910s and the 1940s as Lancia's operations grew. Most of the building consists of office space, with an added meeting room for the top board of the manufacturer's executives. 


From 1957 the building served its intended function of Lancia's management and technical headquarter. In 1969, Fiat S.p.A. took over a heavily indebted Lancia from the Pesenti family, and with it the ownership of Palazzo Lancia. By the 1990s Fiat started to move offices away, progressively emptying the building.


In March 2005, Fiat S.p.A. sold the unoccupied Grattacielo to Torino 05, a joint venture between real estate firms Beni Stabili and Gefim (42.5% each) and Fiat Partecipazioni (15%). In 2008 another real estate developer, Patio Immobiliare, purchased in turn the building for a reported 15 million Euros, planning to transform it into luxury flats. After having carried out some renewal work the company filed for bankruptcy in 2013; Palazzo Lancia is currently awaiting to be auctioned to pay off its owner's debts.

Location : Palazzo Lancia 

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