Developer Joseph Portelli is planning “another Mercury Towers” project for a site in Qawra, with “two 35-storey towers, the maximum allowable by law,” expected to be built “behind the Big Ben apartments,” according to property agents working for J Portelli projects.
Journalists from The Shift visited property agents posing as potential buyers to learn more about controversial apartment projects involving Portelli being sold before a Planning Authority permit is issued.
One of the options offered was the Qawra towers project, which is not on anyone’s radar. Thinking they have a potential sale on the horizon, the agents said, “part of [the towers] will consist of serviced apartments, with units increasing in price the further up the tower you go,” describing the project as similar to the Mercury Towers project in Paceville, “but with different styling”.
An application for the project, expected to be built along Andrew Cunningham Street, just metres away from the Salina Nature Reserve and Kennedy Grove, has yet to be submitted to the Planning Authority.
The site is no stranger to attempts at construction, with applications from Charles Gauci, one of the Big Ben Group brothers, from 2001, 2004, and 2007 all proposing massive residential developments.
The 2001 application, PA/4794/01, proposing the construction of an apartment block with underlying garages, was approved by the Planning Authority (at the time, MEPA) but was never built with no Planning Authority documentation available online.
Two more applications, PA/7440/04 and PA/7250/07, proposed the “construction of tower blocks” and the construction of four levels of underground garages and more than 400 overlying residences, respectively. The 2004 application was withdrawn by the applicant, and the 2007 application was stopped at the Planning Directorate.
Portelli’s Mercury Towers project in Paceville, to which the upcoming Qawra project has been compared, was heavily supported by the government. Finance Minister Clyde Caruana declared the development part of Malta’s Special Designated Areas (SDA).
In July 2022, The Shift reported how the SDA policy was introduced through a legal notice published by the finance ministry. It allowed foreigners, including EU citizens, to buy unlimited amounts of property in Mercury Towers and Pender Place while also benefitting from tax incentives.
Property industry sources described it as “a significant government move to make Portelli’s mega project more attractive to multi-millionaire foreign buyers, particularly Russians, Saudis and Chinese, who can invest their cash into multiple properties as an investment.”
The Mercury Towers project was controversially approved in 2018 despite criticism of its appropriateness within the context of and impact on the surrounding locality. Portelli’s close ties to the government meant the project was given an additional golden boost through a scheme with tax incentives for foreign investment.
Portelli, a Labour Party donor with close ties to the government, has been afforded VIP treatment from the authorities, with the PA taking an inconsistent approach to sanctioning blatant illegalities, Enemalta purchasing concrete from Portelli’s illegal batching plant and the education ministry dishing out favourable contracts and direct orders to Portelli.
Qawra is one of five localities in which buildings higher than 11 storeys may be allowed under another Labour Party policy known as the Floor to Area Ratio Policy or the Tall Buildings Policy.
The policy allows developers to construct buildings much higher than permitted in local plans if they implement public spaces within their design.
It was approved quietly by the government almost ten years ago, on 24 May 2014, the same day Malta was voting in the European Parliament elections, with no official press release announcing its introduction.
Joseph Portelli and J Portelli Projects CEO Claire Gauci Borda did not answer questions from The Shift.
Ma min rajtek xebbahtek ZEP. NIES TAL L ISTESS KONGURA.
IL POPLU JISTA JIPPROTESTA BILLI META U JEKK JOHORGU IL BONDS MA JIXTRUX.
Can anyone please tell me for whom are all these apartments being built ? Are we or are we not lessening the population figures?
Already mentioned above to multi millionaires Russian, Saudi and Chinese with tax incentives … While maltese ppl are suffering poverty and cannot cope with everyday life. Well done Bobby and co
Millionaires who buy but never set foot in Malta…..why would they?
I reread the article and got my answer.
Apparently, Joseph Portelli doesn’t like “negative publicity”.
So, if we don’t like the look of his “projects” we should all make sure to make an absolute racket of dissent and disapproval… and he’ll abandon the project. Let’s run him out on this. Too much is too much!
There you have it. These developers(sic) are building for the foreigners, NOT for the locals. Personally I can’t see WHY a millionaire would want to come and live on this corrupt, overcrowded and dirty little rock!
Money laundering easily comes to mind.
Certain foreign millionaires are corrupt too. That’s why they chose to live over here.
Probably because they are corrupt and as dirty as well?
They don’t come to live here, they use it to wash their money
The monstrous sky scrapers being referred to as ‘ Mercury Towers’ could perhaps be more appropriately designated ‘Babel Towers’
When the PN are in power, they should contact NASA or possibly Elon Musk as a last resort North Korea to supply Malta with enough rocket engines, install these in all high-rises and blast them to the moon.
Then we might be the first country to offer suitable accommodation on the moon for very wealthy individuals. I am certain there are quite a few who deserve to be sent there.
Who is to say the the PN will not also bend over backwards to accommodate developers? They might back different developers than labour but it will be the same s**t in a different bucket.
After all, election campaigns have to be financed somehow and as they say, ain’t no such thing as a free lunch.
Lest anyone takes my PN criticism as support for PL, in my opinion, as long as we remain with a 2 party system, we are doomed. Different levels of corruption on both sides, but corruption none the less.
We hear a lot of criticism from the PN about the current state of affairs. But I have yet to read about what they would do differently, how they would improve the situation and how they would bring the current corrupt lot to justice.
you nailed it perfectly!
I guess portelli didn’t read or hear about New York drownung under the weight of its buildings. His greed is beyond measure. How can a person be so money hungry?
is Portelli acting as a Laundromat for the corrupt politicians and/or their lackeys?
Traffic problem? No….they’ll use flying cars or helicopters.
The way these apartment projects are being financed should require primary clearance and approval from the MFSA, even before PA approval