The site of the former Jerma Palace Hotel in Marsascala is to be turned into a five-star hotel managed by an international hotel brand, as well as a number of condominiums and high-end apartments, according to the newly launched website of property developers JPM Brothers.
The company's other major projects include Mistra Heights in Xemxija, Belmonte Heights in Sliema and the A3 Towers in Paola.
The website says JPM has committed itself to build a luxurious landmark in the south of Malta. The Marsascala project, on the 35-tumoli site that it acquired right on the foreshore, also includes a commercial area within the complex.
The four-star Corinthia Jerma Palace Hotel used to be Malta's most prestigious hotel in the south. It closed down in March last year after 25 years in operation, owned by Libyan Arab Foreign Investment Company, which also owned the land, and operated by the Corinthia Group.
Its closure had caused quite an uproar, with residents and the Labour Party complaining about plans to build residences on the site. Since it closed its doors, the hotel, so good for business, has created an immense void within the area the residents claimed.
JPM Brothers also has another ambitious project in the pipeline: the redevelopment of The Palms in St Julians. The project covers 10 tumoli of land incorporating state-of-the-art residences flanked by greenery and landscaped gardens. A number of apartments will also benefit from breathtaking sea and valley views.
A large percentage of the development has been reserved for the creation of a large garden area to create a nature park within the grounds, which will be overlooked by the apartments themselves.
JPM Brothers' new corporate website is www.jpmbrothers.com.mt.
Independent journalism costs money. Support Times of Malta for the price of a coffee.Support Us