Simonds Farsons Cisk plc - Proposed Masterplan for the Farsons Business Park Project

On 18 June, Simonds Farsons Cisk plc announced that following last year’s statement on the vision for the re-use of non-operational land at Mriehel, progress has been made on the preparation of a masterplan for the development of the Farsons Business Park. This initial masterplan has been submitted to the Board of Directors for its consideration.

A visionary masterplan for the façade building and land has been prepared by Ian Ritchie Architects, a British firm of international repute, supported by Malta based engineers TBA Periti as well as a host of specialists covering building sustainability, landscape, lighting and visitor experience design. The masterplan involves the transformation of the iconic Old Brewhouse and former Packaging Halls, which are set to be given a new lease of life.

Once completed, the project will include around 50,000 sqm of commercial space anchored by Grade A offices, together with complementary retail, leisure, cultural and social facilities.

The Old Brewhouse itself will be transformed into a vibrant leisure entertainment hub with restaurants, bars, event spaces and a dynamic brewery visitor experience which celebrates the past, present and future of Farsons and its brands as well as showcasing the brewing and packaging processes and latest innovations. It will also provide a new generation of innovative workspace solutions for creative and emerging business enterprises.

The Brewery façade will be sensitively restored and pioneer the showcasing of Malta’s industrial heritage.

The Board has recently been presented with an initial proposal of this masterplan, and is now studying the way forward to secure the necessary permits from MEPA, Transport Malta and other regulatory approvals before proceeding on to the detailed design phases of the project.

Farsons also announced that it will also be engaging with financial service providers on the best way to structure and fund the project, as well as with other potential stakeholders, such as developers in the Mriehel area and Government agencies which own substantial areas of land in the vicinity.