Italian investment bank will not renew lease after it expires on 1 May.The Guidi Reni District cultural venue, housed in a large disused military barracks in Rome's Flaminio neighbourhood near MAXXI, will set to close on 1 May after two years of exhibitions and festivals.
The owners of the ex-Caserma on Via Guido Reni, the Italian investment bank Cassa Depositi e Prestiti (CDP), will reportedly not renew the contract with Ninetynine Urban Value, the company which has managed the 72,000-sqm space since 2016, once the lease expires on 1 May.
The venue's current exhibitions, including Real Bodies, Dinosaur Invasion and the lego show Brikmania are all due to close on 1 May, while the last major event is scheduled on 25 April with theatre and dj sets at the building's pavilion known as Hotel Butterfly.
The former barracks launched as the Guido Reni District in 2016 with the Outdoor street art festival, whose 2018 edition is currently taking place at Mattatoio in Testaccio, and since then the venue has welcomed a succession of exhibitions and cultural events, from fashion shows and electronic music festivals to beer and pizza festivals.
A question mark now hangs over two other temporary cultural venues in Rome whose leases are coming up for renewal soon - the Ex-Dogana in S. Lorenzo and the Palazzo degli Esami in Trastevere - both owned by CDP.Photo Artribune