Limassol is set to gain two new landmark high-rise developments after the projects received approval from the Environmental Authority. The two mixed-use projects represent a combined investment of over €260 million and will add several new residential and office towers to the city’s growing skyline.
The €189 Million Transformation of the KEAN Site
The historic former KEAN soft drinks factory in the Amathounta area will be demolished to make way for a sprawling €189 million complex.
The ambitious project includes four residential towers, with the tallest reaching a height of around 85 meters (19 storeys), and a separate 17-storey office building. The development is designed to be a self-contained community, featuring extensive amenities such as dozens of private and communal swimming pools, leisure facilities, commercial areas, and a community hub.
The €80 Million Mixed-Use Hub in Apostolos Andreas
In the Apostolos Andreas area of the city, an €80 million mixed-use project by developer SolidVes Ltd has also been given the green light.
This development will feature two main towers on a plot of over 14,700 square meters:
- A 14-storey residential building with approximately 75 apartments.
- A 13-storey office building with flexible layouts and tenant amenities like a gym and rooftop garden.
The complex will also include ground-level retail shops and provide nearly 500 parking spaces.
A New Chapter for Limassol’s Urban Landscape
The approval of these two major investments highlights the continuing investor confidence in Limassol as a prime destination for premium, large-scale developments. These projects, which blend residential, commercial, and leisure spaces, are expected to significantly reshape the city’s urban environment and skyline in the coming years.
Source: Cyprus Property News