Planning Authority approves business centre on former Savoy hotel site

Published by
Andre Camilleri

The Planning Authority on Thursday approved the conversion of the former Savoy Hotel into a business centre, imposing a €40,000 planning gain to be used for urban improvement projects in Sliema and Gzira.

The project was given the green light with an 8-1 vote, the only dissenter being NGO representative Romano Cassar who expressed concern on the precarious traffic situation in the area.

Feedback received from Transport Malta showed no scope for infrastructural improvements, while the applicant insisted that the project itself is a planning gain a petrol station had been decommissioned.

Studies have already shown that there is little scope for junction improvements in the area, irrespective of whether the development takes place or not.

However, the study also concluded that an office block is preferable to either a hotel or a residential block, which will create even more traffic.

The new development is expected to generate an average of 168 car trips on weekdays. At peak hours, the office hub will see 47 cars entering the site between 8am and 9am and 37 cars leaving between 5pm and 6pm.

There will be four basement parking levels, a cafeteria on ground floor level and six overlying office floors, including two receded floors on top of the old building and a six-floor extension over an annex building which will be demolished.

The proposal includes the restoration, with minor alterations, of the existing dilapidated Savoy building, and the demolition of later additions.

The site covers an area of almost 1,600 square metres.

The former Savoy Hotel, previously owned by the Cuschieri family, was originally conceived as a two-storey house named Villa West End. In 1904 it started to operate as a hotel until the mid-1980s when it was closed due to the lack of maintenance and an arson attack.

Andre Camilleri

Andre Camilleri is the editor of Malta Business Weekly

Recent Posts

MFSA warns public of fraudulent companies misusing licensed entities’ details

The Malta Financial Services Authority (MFSA) has issued warnings against several fraudulent companies exploiting the…

2 days ago

Prime Minister visits Gozitan businesses which thrived after receiving support

During a visit to Gozo, Prime Minister Robert Abela toured two Gozitan businesses that have…

2 days ago

MDA calls for reform to ensure ‘fairness and accountability’ in magisterial Inquiries

The Malta Developers Association (MDA) on Saturday expressed serious concerns about the practice of implicating…

2 days ago

BOV Bugibba and Ħal Luqa branches reopen with modern upgrades

Branch in Ħaż-Żebbuġ closes for refurbishment Following weeks of intensive work, the Bugibba and Ħal…

2 days ago

Gozo’s economic growth must continue to result in common good and identity preservation, PM says

Prime Minister Robert Abela said that Gozo is an example of how economic growth must…

2 days ago

€1.6 billion to be invested in pensions and social benefits throughout 2025

€1.6 billion is set to be spent on pensions and social benefits throughout the calendar…

3 days ago