The primary aim of Smart City Malta, the first SmartCity outpost in the EU, was to develop a centre for ICT and media companies and create a knowledge-cluster that would foster a business-friendly environment for such enterprises. Following its success in attracting a number of ICT companies, a masterplan to develop the area further has been planned. Recent developments and investment opportunities have led this master plan to evolve from a mere ICT and Media project to a real estate project. This year, the development of a 10-storey residential block on top of a two storey commercial complex is being planned. The Shoreline has appointed Haskoll, a leading European firm to draft its architectural plans.
Smart City Malta and The Shoreline
SmartCity Malta, known as a technopark or IT village among locals, encompasses an area of 360,000 in Kalkara. It is located along the charming coast between Ricasoli Point and Valletta’s Grand Harbour. The new Shoreline development shall upscale the area from a mere ICT-oriented zone to a harmonious blend of office, residential and retail spaces. A third of this land has been set aside as open areas to be enjoyed by the general public.
The Shoreline, 25,000m2 of luxury in Smart City
The Shoreline is a prestigious project which will be developed upon a 25,000 square metres gross area. This mixed-use development has recently launched its corporate identity, promises ‘luxury living, unparalleled views’ to its future residents. The Shoreline brings something new to the table as it caters for bespoke living in the South of Malta through a unique seafront project.
New 10-storey residential block in Smart City
The two-storey commercial complex below the residential block will house 30 outlets with an ample 3-storey underground parking. This development has the potential to transform the area into the best shopping experience in the South of the island. The 10-storey residential block overlying the shopping mall will create 411 new luxurious residences.
Project Contractors Limited is promoting the development of the Shoreline which is a privately-funded project entrusted to Haskoll, a European architectural firm with an excellent track record which is renowned for being involved in the development of retail spaces at various shopping centres around the world, including: The Oracle, Reading; Golden Square, Warrington; Eden High Wycombe; CDO Copenhagen; Manor Vesenaz, Switzerland; Itis, Finland and Grand Central in Birmingham.
Steve Carter, Managing director at Project Contractors Limited has stated that the collaboration with Haskoll, which will span two years and is set towards creating one of the best shopping mall environments in the Mediterranean.
Smart City: More developments ahead
Other developments might be underway, including a new 14-storey hotel for the Institute of Toruism Studies and an 11-storey private real estate development.
