Metropolis Plaza
| M-Towers | |
|---|---|
| Alternative names | Metropolis Towers |
| General information | |
| Status | Under construction |
| Type | Mixed Use |
| Location | Gżira, Malta |
| Address | Testaferrata Street |
| Coordinates | 35°54′02.6″N 14°29′30.3″E / 35.900722°N 14.491750°E |
| Construction started | 6 April 2015 |
| Cost | €100 million |
| Height | 106 m, 87 m and 55 m |
| Technical details | |
| Floor count | 33, 27 and 13 |
| Design and construction | |
| Architecture firm | EM Architects |
| Developer | Metropolis Developments Limited |
| Main contractor | Metropolis Developments Limited |
| Other information | |
| Parking | 618 |
The M-towers, also known as the Metropolis Towers, are three towers that are proposed in Gżira, Malta. The tallest of the three, at 33 stories, would become the tallest building on the island, surpassing the 98m Portomaso Business Tower. The towers would form part of a larger project, Metropolis Plaza, to include a plaza, shops and restaurants. The project is currently on hold and no development has taken place in the site in over a year.
The project is aimed at giving new life to Testaferrata Street, which presently is commonly associated with prostitution. Construction of the towers was supposed to start in 2007 and was estimated to be complete by 2016. The project was estimated to cost €60 million. However, the project was delayed by a number of years due to a lack of finance and permits.
The project was initially approved by the Malta Environment and Planning Authority (MEPA) on 12 March 2009. In November 2014, MEPA approved a number of changes to the Metropolis project, including building a helipad on the roof of the highest tower, a larger car park and the creation of more public places. The project is estimated at €100 million, almost double the original estimate.
The first stone was laid on 6 April 2015 by Prime Minister Joseph Muscat., however one year later no further work has taken place and the foundstation stone has been removed.
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Wikipedia