by Carl Peralta – 77GreatEstates
The €450 million, 44 hectare Manoel Island and Tigné Point development is Malta’s most ambitious property regeneration project. These two prime sites are located in one of the island’s most desirable residential areas. Within view of each other across Marsamxett harbour, Tigné Point and Manoel Island’s fabulous locations are a guarantee of their enduring appeal. Only 20 minutes from the airport, and a short drive or boat ride from the capital Valletta, the sites are close to the fashionable urban centers as well as the heart of cultural life. Tigné Point is located at the eastern tip of Sliema, a much sought-after commercial and residential hub, while Manoel Island nestles between the Ta’Xbiex marina and Sliema’s Valletta-facing seafront.
In its entirety, the project comprises commercial, leisure, heritage and residential aspects which will include luxury apartments, state-of-the-art offices, retail, sports and leisure facilities, a yacht marina, a casino and a hotel. Leisure elements for the enjoyment of residents and the general public alike include the creation of public spaces, gardens, belvederes, walkways and cultural attractions.
The project includes the contractual obligation to restore some of the most important historical monuments in the North Harbour area including Fort Tigne, Fort Manoel and the Lazaretto amongst others. The project is split into two distinct yet complementary stages.
The first, at Tigné Point, centers around a 2,500 m2 piazza surrounded by some 420 residential apartments, a state-of-the-art business centre and 17,000m2 of retail and leisure activities.
The whole 30 acre peninsula will be a fully pedestrianised zone with all parking, service routes and traffic channeled underground.
Fort Tigné, the last fort built on Malta by the Knights of St John, is currently undergoing restoration and is set to become a centre for cultural and commercial activity.
The second stage, at Manoel Island, is being planned as an exclusive residential Mediterranean marina village offering island living at its most tranquil. The island’s historical pedigree will undoubtedly add to the project’s prestige. The low-rise scheme includes a Mediterranean style residential village situated in a fully car free zone just seconds from a picturesque and well protected yacht marina. The master plan includes a waterfront casino, a host of cultural, leisure and sports facilities, marina-related commercial spaces and a shoreline walkway leading up to the beautiful old Lazaretto and the majestic 18th century Fort Manoel, both of which are being fully restored.