newsare.net
The Fino showroom in Mrieħel could be set for redevelopment into a massive office and commercial development rising to 18 floors, as the industrial area continues its transformation into a high-rise business hub. Fino and Sons Ltd, one of the first companiePlans for Fino showroom to rise to 18 floors in Mrieħel
The Fino showroom in Mrieħel could be set for redevelopment into a massive office and commercial development rising to 18 floors, as the industrial area continues its transformation into a high-rise business hub. Fino and Sons Ltd, one of the first companies to set up shop in the Mrieħel industrial area in the 1970s, has submitted plans to demolish its existing manufacturing and retail complex and build seven blocks of between nine and 15 floors each, all set on three “podium floors”. The existing complex occupies a footprint of just under 20,000 square metres, about the size of three football pitches. In a project description statement submitted to start the process of the extensive environmental studies that will be required, the developers say the project will create high-end offices to attract international companies active in financial services, commerce, IT real estate and others. According to the planning document, the number of office workers would be in the region of 8,000 and the commercial facilities are expected to generate about 450 jobs. “Through the proposed development, Fino seek to diversify their business portfolio through their participation in the property... Read more