Developed by Westfield and Arcus Real Estate, the 175,000-sq m Westfield Milan development will feature over 300 stores; a luxury village; cinemas; leisure; entertainment; 50 restaurants; parking for 10,000 cars; the latest in digital technology and signature shopping and tourism services. Westfield Milan has a compelling catchment with a market potential of €4.9bn and a population of over 7 million people. Milan has one of the highest per capita retail spend in Europe however has a major under-supply of shopping centres. Westfield Milan will therefore create a significant opportunity for international and Italian retailers to capture spend in a key global shopping destination and it is anticipated that it will deliver sales in excess of €1bn.