Florence’s former tobacco factory is nestled in the north-west corner of the city, just one mile from the center, and has undergone a “visionary regeneration”. Built by architect Pier Luigi Nervi in the 30s, today, the vast 110,000-square-meter site has been reinvented into a mixed-use community hub, complete with homes, restaurants, artists’ studios, and exhibition spaces across original and newly constructed buildings.
Residents of this dynamic, modern complex can choose from one- to four-bedroom lofts and apartments, where each building “offers a distinctive interior design concept.” Priced between €387,000 and €2,089,000, floorplans vary, spanning 67 to 226 square meters. For example, this three-bedroom unit covers 130 square meters and is listed for €857,000.
Savills – Global Residential is handling sales, a consultancy with a network of over 700 offices and associates in 70 countries, offering clients an end-to-end service.
Reimagining Manifattura Tabacchi
The regeneration project breathes new life into a historic Florence landmark, preserving the original architecture while integrating modern elements. Residents benefit from myriad amenities, from a communal rooftop garden to a bicycle lab.
Cutting-edge cultural center
A selection of state-of-the-art industrial-style residences are on offer, with Zenit, the latest phase, set to complete in March 2026. This development will feature 34 apartments, designed by Quincoces Dragò & Partners, who worked to preserve the building’s character while integrating contemporary touches and sustainable choices.
Additionally, two earlier phases, Puro and Anilla, have already garnered attention. Puro, the most historic building, offers 22 lofts designed by the prestigious Q-bic studio from Florence, while Anilla, conceived by renowned Spanish architect Patricia Urquiola, showcases unique character. While Puro is fully sold out, Anilla still has some availability. Both buildings maintain a strong commitment to sustainability, adhering to BREEAM standards.
Outstanding Amenities Await
The redevelopment includes a variety of services, such as the Polimoda fashion school, a theatre, brewery, ateliers, and laboratories, along with co-working spaces, halls of residence, a boutique hotel, and a kindergarten, fostering a dynamic environment.
Residents enjoy shared amenities, including concierge service, delivery room, fitness area, and pet grooming facilities, while being part of a thriving creative community.
The vision is to create a vibrant district that merges fashion, art, and design with the historic city center, transforming it into a modern destination in Florence.
Florence: Appealing Lifestyle and Growing Property Market
The city is rich in culture, art, and history, attracting visitors with its Renaissance architecture, top-tier museums, and vibrant lifestyle. The real estate market has shown steady growth, particularly in areas undergoing revitalization, like the neighborhood around Manifattura Tabacchi.
Bustling Renaissance City
Florence blends old-world charm with modern conveniences, and is home to a best-in-class food scene, traditional markets, and a thriving arts and fashion scene. The city has a strong sense of community, making it one of Italy’s most desirable places to live.
Florence, Tuscany, Italy
Manifattura Tabacchi is well-placed, close to the historic center and central train station, and just three kilometers from the airport. Moreover, there’s a bus stop in front of the main entrance, and a new electric tramway linking to the heart of Florence.
The surrounding neighborhood is lively, with shops, Cascine Park, trattorias, a theatre, tennis club, and farmers’ market within walking distance.
Meaningful Returns Potential
Demand for residential and long-term investment properties remains strong, driven by the city’s cultural appeal and rising international interest. Across the country, 7% of luxury listings are on the market for under a week; Florence is a particularly sought-after area, and values reflect that.
Florence, Tuscany, Italy
In October 2024, prices varied by area, with Michelangelo, Porta Romana, Oltrarno, and Centro experiencing the highest (between €5,550 and €5,770 per square meter), Ugnano and Mantignano the lowest (€3,070), and Firenze Nord at €3,460.
Properties in well-connected and culturally rich areas – for example, Manifattura Tabacchi – are particularly attractive, because of their appreciation potential, making them a prime opportunity.
Manifattura Tabacchi: Future of Florence
A place where art, fashion, and history converge, Manifattura Tabacchi presents an exciting chance to be part of Florence’s next cultural chapter. Blending historic charm with contemporary design, sustainable living, and first-rate amenities and services, the homes offer an exclusive living experience within a vibrant community, appealing to creatives and investors. For more information, c
