- Valletta Cruise Port has signed a build operate and transfer agreement with Valletta Bridge.
- The Power Station building at Grand Harbour will redevelop as a 20 room boutique hotel.
- The mixed use project includes high end offices, retail and food and beverage spaces.
- CPHCL Group and Attard Bros Group form the joint venture for the redevelopment.
- The concession covers restoration and operation of the 17th century structure.
Valletta Cruise Port has signed a build operate and transfer agreement for the redevelopment of the historic Power Station building at Grand Harbour in Malta. The 17th century structure will transform into a mixed use development that includes an exclusive 20 room boutique hotel. The project combines restoration with high end offices, retail and food and beverage facilities.
The site lies within walking distance of Valletta and next to cruise passenger terminals and the Valletta Waterfront. Valletta Bridge, a joint venture between CPHCL Group and Attard Bros Group, will handle the restoration and operation. The development respects the building’s industrial heritage while meeting modern safety and sustainability standards.
The project will contribute to the regeneration of the Grand Harbour area and the diversification of Malta’s tourism offering.
Stephen Xuereb, CEO of Valletta Cruise Port, shared “The signing of this agreement marks the beginning of an exciting new chapter for one of the most distinctive historic buildings within Malta and the Grand Harbour region. This building is an important part of Malta’s industrial heritage.”
