Plans have been made by the Shacolas Group to demolish Debenhams Olympia shopping centre in Limassol. Creating space for a new residential high rise project known as “The Aura”. It will be the tallest in Cyprus.
A town planning license has already been applied for by Shacolas’ Woolworth Properties. They plan to develop this 197-meter high-rise apartment tower of luxury apartments through Limassol Beach & Seaview properties (its subsidiary).
The municipality will come to a decision during its meeting next week. Last week Interior Minister Constantinos Petrides claimed, that permits had been issued by the government for 25 high-rise buildings within the first three months of 2018. He continued that 50 more are pending. Most of them in Limassol.
Cyprus Mail reported that Minister Constantinos provided these figures as part of the new pilot framework. Concerning the “general principles and preconditions for the construction of high-rise buildings. And, for clear documentation to the town planning method to be followed throughout.
The ‘Aura’ will comprise 137 apartments. Each with two to four bedrooms. As well as a five-bedroom penthouse that has panoramic views of the Mediterranean Sea. The building is designed by architects Foster + Partners. The building plans include the appearance that the building will hang over its own landscaped gardens.
The One, that is currently under construction was thought to be the tallest seafront tower project in Europe. Standing 170 metres tall this project is scheduled to be completed by 2019.
Another high-rise project in Limassol is called Trilogy. It comprises three towers, the tallest of which will be 161 metres above sea level. The residential tower that is being developed by Cybarco. They claim that the tower is slated for completion in 2023
Petrides highlighted the advantages of having high-rise developments in a city like Limassol. He claims that, contrary to popular belief, high-rise towers will leave larger open spaces. That affords improved visibility to the sea compared to lower wider buildings.
As new rules emerged, studies have been conducted concerning the microclimate impact on growth. And, its relation to thermal effect. Such as; sunlight, shade, reflections, airflow, light pollution, and anything else that might fall under environmental legislation.
It is anticipated that the architecture and general aesthetics of the building will express a timeless design. And that it will of exceptional quality. Since 2012, Residence Tower has held the title as the tallest building in Limassol.