Simonds Farsons Cisk’s board of directors will be meeting within the next 24 hours, after the company’s proposal for a €40m business park was turned down.
According to a company announcement, this decision by the Planning Authority was “unexpected.”
The Planning Directorate had recommended the approval of permit PA02523/16 for the creation of a business park along Mdina Road, Mrieħel that consisted of international Grade A offices with landscaped courtyards and multi-level car parking facilities.
The development was earmarked to complement the rehabilitation of the Old Brewhouse that sought to restore and convert the industrial space.
It included a Visitor Centre Experience with supporting food and other retail outlets, flexible workspace and additional amenities.
The project, designed by Ian Ritchie Architects Limited, with the support of Malta-based engineers, TBA Periti, was to have over 18,000 square metres of offices.
It was scheduled for completion by the end of 2020.