CLOSE
Loading...
12° Nicosia,
16 July, 2024
 

'Land of Tomorrow' set to transform Larnaca's coastline

Ambitious project aims for sustainable urban renewal and economic growth

Newsroom

The coastal community development project, "Land of Tomorrow," is set to transform the industrial image of Dhekelia in Larnaca into a modern and sustainable urban environment. This ambitious project, designed by the renowned architectural firm Foster + Partners for the Lefkaritis Group and bbf:, aspires to make Larnaca a hub for major developments, attracting investors and revitalizing the city.

The masterplan for "Land of Tomorrow" aims to create a vibrant, sustainable community by the sea, featuring residential and commercial spaces. This development will include shops, restaurants, bars, and a 5-star luxury hotel, alongside a modern conference center, private offices, co-working spaces, and event venues. The project is designed to reflect Larnaca's unique culture and heritage, enhancing both the local economy and the quality of life for residents and visitors.

Construction of the first phase is scheduled to begin in the last quarter of 2025 and will involve developing a residential complex with four buildings, offering amenities such as swimming pools, gyms, and playgrounds. Completion of this phase is expected by 2028, with pre-sales starting in October 2024. The entire project will include over 32,000 square meters of residential space, surrounded by more than 20,000 trees, transforming the area into a lush, green landscape.

The strategic partnership for this project was officially announced on July 8, 2024, at an event on the Dhekelia beachfront. The event was attended by the President of the Republic of Cyprus Nicos Christodoulides, the Speaker of the Parliament Anita Demetriou, the Mayor of Larnaca Andreas Vyras, and other officials. Key figures from the partnering companies, including Dinos Lefkaritis of Lefkaritis Group, Vadim Romanov of bbf:, and Ben Scott of Foster + Partners, highlighted the project's vision and its anticipated economic and social benefits.

The "Land of Tomorrow" project is expected to significantly boost the local economy, create new job opportunities, and attract young people and businesses to Larnaca. The President of Cyprus, Nicos Christodoulides, emphasized that this development is not merely about constructing buildings but about fostering economic growth and enhancing the well-being of citizens while respecting the environment.

 

[This article is a summary of Anna Polyviou's article published in Kathimerini's Greek platform]

TAGS
Cyprus  |  economy  |  tourism

Business: Latest Articles

X