High rise

Although Portomaso is the tallest of it's kind in the near future lets say in around 10 year it will be one of the smallest of its kind on the island. The biggest concern is with the recent go ahead of the 2 40 story buildings in Sliema. These Skyscraper status buildings has raised a massive controversy and alot of concerns mainly from residents, environmentalists local councils and also the average man on the street so basically the majority of the population.Basically the completion of  Portomaso started all this as said by some people. In my opinion I don't think that this is the case as with nowadays policies and seeing who are the investors of these 2 buildings they would have still gotten the permits needed. These buildings not only means a big transformation to the coastline and its surroundings but means that the high end property behind these towers will drop drastically in price as they would not have any views or sunlight to hit some apartments. Another project similar to these is the 36 story Corinthia 6 star Hotel in St Georges Bay in St Julians.The €400 million project is aimed to bring more high end spending tourists to the island. This will be The biggest project in it's industry on the island. There are more examples of potential high rise buildings in malta but if I had to sat something about all of them I will never stop typing... 






References :

• "Portomaso | Tumas Group". Tumas.com. N.p., 2016. Web. 25 Nov. 2016.
•  GmbH, Emporis. "Portomaso Business Tower, Saint Julian's | 136726 | EMPORIS". Emporis.com. N.p., 2016. Web. 25 Nov. 2016.
• Ltd, Allied. "Up, Up And Away: The Tower Economics Of High-Rise Buildings". Times of Malta. N.p., 2016. Web. 25 Nov. 2016.
• "Updated: Corinthia Group Confirms €400 Million Investment In Six-Star Hotel In St Julian's - The Malta Independent". Independent.com.mt. N.p., 2016. Web. 25 Nov. 2016.