Farsons Group on Wednesday officially inaugurated Trident Park and The Brewhouse Malta, two projects that required €86 million in private investment.
The inauguration marked the official end of the regeneration of the Art Deco site, which housed one of Malta’s most notable 20th-century industrial buildings. After a €66 million investment, it is now home to Trident Park, a green office campus that is described as a “world class business destination”. The project was conducted by London-based architectural firm Ritchie Studio, led by Ian Ritchie, together with Malta’s TBA Periti, with Alex Torpiano at the helm, as well as Environmental Physicist Doug King.
The redevelopment to Trident Park is made up of seven low-density and low-rise terraced office blocks, all joined by landscaped gardens, courtyards, and terraces.
A further €20 million was invested in The Brewhouse, a complex that offers business facilities together with food and beverage outlets, as well as a new store and brewery experience for visitors to enjoy, all set within Farsons Group’s old brewery.
The two projects are located right at the centre of the Central Business District in Mrieħel.
During the inauguration, Prime Minister Robert Abela noted that the investment for the two projects does not only provide additional open spaces, but also gives a boost to Malta’s industrial tourism. He explained how investment focused on “sustainability and quality are continuing to contribute to economic growth that during the first quarter of this year reached a rate of two-and-a-half times more than that of the European Union”.
He emphasised that the Government will “continue to support investment related to sustainability and that create quality jobs”. Prime Minister Abela said that an “economic transition” is being pushed by Government, which is “important as the growth that we want to continue experiencing in our country comes as a reward for the changes we have done to create the best environment possible for Malta to continue attracting investment based on quality and sustainability”.
He also added that the “environmental core” is something that Government needs to collaborate with the private sector on, particularly through continued investment in renewables.
Main Image:Trident Park / DOI / Pierre Sammut