The renovation of the Midi Tower in Brussels is estimated to cost €177.69 million, according to Pensions Minister Jan Jambon.
The Midi Tower stands 150 metres tall, making it the tallest building in Belgium.
Located by Brussels-Midi train station, it currently serves as office space for the country’s pension agency, earning it the nickname Pension Tower.
Plans for a complete renovation of the building have been discussed for years, and the current government included the project in its coalition agreement.
Minister Jambon explained to a parliamentary committee that the renovation cost was projected at just under €178 million.
He noted that the tower’s value, currently estimated at €91 million, could rise to €323 million after the renovations.
Funding for the project is allocated within the multi-year budget plan, covering expenditures up to 2031.
