Mayor Charalambos Proutzos is spearheading an ambitious transformation of Old Nicosia, reimagining it as a vibrant historic center that seamlessly blends heritage with modern enterprise. His vision is clear: to create a dynamic urban space that attracts students, visitors, residents, and distinctive small businesses.

Ambitious Urban Renewal Initiatives

Under the collaborative efforts of both the previous and current municipal administrations, a pivotal sponsorship agreement was signed on December 19, 2025, under the “Green Line Revitalization/Revival of Areas” program. With an investment of €28 million, the initiative is set to revitalize key areas such as the Constantine Palaeologos district and the multi-story parking facility on Ariadne Street. The project encompasses significant upgrades to urban infrastructure, historic pedestrian zones, and the renovation of strategically important buildings, including the nearby City Hall.

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Resolving Institutional Disputes Away From The Spotlight

A notable challenge has been the situation surrounding the Architectural School of the Cyprus University of Technology in Faneromena. Mayor Proutzos stressed that behind closed doors, constructive efforts are being made to resolve the issue. He remains confident that these deliberations will culminate in a positive outcome that serves the interests of both the institution and the community.

Enhancing Campus Experience And Housing Facilities

The mayor also pointed to the importance of educational infrastructure within the broader redevelopment plan. He noted that the medical school located near the new City Hall has contributed to increased activity in the area. Renovated municipal hostels, previously unused buildings with historical value, have been converted into modern student accommodation. Additional public and private investments in housing are expected as university admissions rise for the 2026–2027 academic year.

Restoring Safety, Legality And The Historic Identity

Urban restoration efforts also involve coordination among several government bodies, including the Ministry of Justice, the Ministry of Migration, the Police, the Tax Department, the Fire Service and municipal authorities. Joint inspections have focused on illegal occupancies, unauthorized construction and compliance with safety regulations, contributing to improved public order in the district.

A Bold Vision For A Reinvigorated Historic Center

In his strategic address, Mayor Proutzos articulated a vision that transcends conventional urban renewal projects. “Our historic center is the city’s most cherished asset,” he stated, underscoring its rich history, unique architectural treasures, and authentic hospitality. He envisions a future where refurbished pedestrian zones, affordable rents, and thriving local businesses merge to foster a renewed sense of community. His approach is designed to bridge the past and present, reconnecting divided areas and reinvigorating cultural and economic life.

The comprehensive renewal efforts in Old Nicosia represent an exemplary model of how coordinated public and private initiatives can breathe new life into historic urban centers. As investment flows continue and collaboration among key stakeholders intensifies, the transformation of this storied district is poised to set a benchmark for urban renewal in the region.