Ostend (Brussels Morning Newspaper) – The Thermae Palace Hotel and Royal Galleries in Ostend will be renovated for €134 million, with €42 million from the government. PMV and Restotel are involved. Work may start after the summer of 2025, pending legal issues.
The Thermae Palace Hotel and Royal Galleries in Ostend are getting fixed. They are old buildings that need a lot of repairs. The city of Ostend got more money from the government to help pay for the repairs. The government gave them an extra €30 million. This makes a total of €42 million from the government.
The whole project will cost €134 million. The city is working with a company called PMV and the hotel’s owner to do the repairs. They want to make the 90-year-old building look nice again. It will take about 5 or 6 years to fix everything. They want to keep the old parts of the building, but also make it more modern.
When will the €134M Thermae Palace renovation in Ostend Begin?
The city of Ostend is working with 2 companies, Participatiemaatschappij Vlaanderen (PMV) and Restotel, to fix up the old Thermae Palace Hotel and the Royal Galleries. They’ve been talking about it for a long time and now they’re finally doing it.
The government is giving them money to help, but they also need money from other places. They’re going to fix the roof, the walls, and the foundation. They’re also going to make it easier for people to get in and use the space.
It was supposed to start in September 2024, but it’s been delayed. According to officials, there are some legal problems and worries about conflicts of interest. The city was going to start building in September 2025, but they’re waiting until after the elections to make any decisions. They have the money to do the project, but they can’t start until the legal issues are fixed.
Crombez said.
“That would mean that the work could start immediately after the summer, in the best case scenario the second half of September. With construction works you always have to wait and see, but the resources are already there to start the entire project with financing.
The Thermae Palace in Ostend will have a new hotel with lots of rooms, some with a view of the sea. There will also be a restaurant, meeting rooms, and a big wellness center. The city is thinking about moving the Mu.ZEE art museum to the Thermae Palace. They are trying to figure out how to pay for everything.
They want to keep the old building looking nice and make sure the hotel makes money. They are talking about building some apartments near the old building, but some people don’t like that idea. The city wants to make sure they can pay for everything and keep the Thermae Palace looking nice for a long time.
