Simonds Farsons Cisk says PA ‘not correct’ on park master plan
Simonds Farsons Cisk yesterday said that the Planning Authority is not correct to say that the company did not submit a master plan as part of its documents related to the development of the Trident Park.
On 9 November, the Planning Authority board voted against the construction of the Farsons business park, according to a company announcement. The PA later said that the company had not provided a master plan.
In a statement yesterday, Farsons said it had issued the company announcement to notify the market of the outcome of the PA board meeting, which is considered price-sensitive information and hence obliged to report pursuant to its listing on the Malta Stock Exchange.
The company said it submitted a plan indicating how the business park would sit on a site in total measuring 69,000m2. Areas covering this site are occupied by the Company’s operations, as approved through the necessary planning permits, and would also house the proposed business park. Given that no other developments are contemplated, the overall plan submitted is therefore a comprehensive and complete master plan for the use of the said site. Therefore, the statement issued by the PA that the Company opted not to submit a master plan is not correct.
Furthermore, the PA’s assertion in its issued statement that the Planning Directorate in its Development Planning Application Report (the “DPAR”) recommended approval in spite of the “project not being in accordance with planning policies” is also factually incorrect, given that, referring to the proposed height, the DPAR clearly states that “the intended height of the development is also deemed acceptable” and that the site “complies with all the abovementioned criteria”.