 SmartCity Malta has applied for up to 158,500 square metres of business space, which represents an increase of 54 per cent over the business space which Smart City Malta is contractually bound to develop.On the other hand, the gross floor area of the residential component has been reduced by 30 per cent, down to 60,000 square metres.In terms of the Outline Planning Application, the residential component makes up 19 per cent of the total gross floor area of the project.