Sitting aside the Church of St Paul’s Shipwreck, Palazzo Lucia lies in a special location on Merchants Street in Valletta and is instantly recognisable by its original timber balcony overlooking the bustling street below. Built during the Carapecchia period between 1725 and 1735, this iconic Valletta landmark features classic elements from that era, including floral designs on the façade, generous proportions and balconies that are typical of the high Baroque style.

Once neglected, Palazzo Lucia was acquired by AX Group, that decided to fully rehabilitate the building. AX Construction has now completed the restoration, transforming it into AX Group’s new professional office hub in Valletta. Innovative strategies reintroduced this 18th-century building within a modern context, creating luxurious office spaces that harmonise contemporary functionality with historical elements. Internal spaces have been designed to meet the needs of today’s professionals, providing a perfect blend of modern amenities and the building’s original charm.

The restoration included repairing and replacing deteriorated architectural elements, with particular attention to the intricate masonry details. The original timber and metal railings, which had undergone years of erosion, were restored to their former lustre. The courtyard and rooftop were also revitalised, creating additional breakout spaces filled with natural light. Despite the challenges of working on busy Merchants Street, the team efficiently completed the project within the targeted timeframe and to very high standards, drawing attention from potential tenants seeking a prestigious office address in the heart of the capital.

Palazzo Lucia now stands as a testament to the successful fusion of historical preservation and modern innovation, offering a unique workspace in the heart of Valletta.