New photomontages have been released showing the updated design for the proposed 40-storey Project Landmark tower in Triq Elija Zammit, Paceville.

The renders also show how Project Landmark will look like next to the existing Mercury and Portomaso towers.

The proposed tower will include a five-star hotel, residences, offices, restaurants, pool areas, event halls, a three-storey retail pavilion, a rooftop pool, an open piazza and underground parking - 366 parking spaces and 197 bicycle parking spaces.

A 33-storey tower had already been approved but they submitted a new application for a taller, 40-storey tower based on a larger gross floor area.

If approved, it would become Malta’s tallest building.

The project is being led by Project Landmark Holdings Limited, jointly owned by PXC Investments Limited and Flynn Limited.

PXC Investments Limited is owned by P.X. Company Limited, which is owned by Paul Xuereb. 

Flynn Ltd is owned by Hermann Mallia from Famalco Group – the company behind brands such as Fahrenheit and Domino’s.

The photomontages were published in an addendum to an Environment Impact Assessment.