According to the municipality, the permit, issued at the beginning of the year, is for "demolition, expansion, and alteration work to convert the existing building into a hotel."

However, construction has not yet begun on the 14-story tower on Rua de Gonçalo Cristóvão, in the União de Freguesias (Parish Union) of Porto's Historic Center, nor has the building been fenced.

The tower's transformation process has been ongoing for a decade, dating back to 2015, when a Prior Information Request (PIP) was submitted to the city's urban planning department to convert the space into a hotel with over 200 rooms. This process received a favourable ruling in March 2016 and was "successively revalidated."

The building was sold in 2018 by Global Media to the company Authentic Empathy. Since 2020, it has been owned by only one of its constituent companies: Magnetic Pocket, managed by Macau businessmen Lei Ka Kei and David Siu, managers of Burgosublime, whose parent company is the Portuguese subsidiary of Kevin Ho's KNJ.

The architectural design for the future "Hotel Jornal" was entrusted to the collective Oporto Office for Design and Architecture (OODA), responsible for projects such as the conversion of the former Slaughterhouse and the new headquarters of the Portuguese Football League in Ramalde.

According to the architecture studio's website, the tile panel on the tower's facade, designed by sculptor Charters de Almeida, will be retained, and a portion of the building next to Trindade Station will be demolished.

Journalists left this space in July 2023. Employees of JN and the sports newspaper O Jogo moved to a building on Rua do Monte dos Burgos, in Prelada, and those of TSF to a space in Boavista.

The tower, designed by architect Márcio Freitas, was the third newsroom for the newspaper's employees, who moved into these facilities in 1970.