This new €22 million mixed-use tower is set to transform Limassol’s Neapolis area, marking a significant investment in the city’s emerging skyline. Developed by P.G. Economides Properties Ltd, the project has secured Environmental Authority approval and is poised to commence a 28‐month construction phase following permit issuance.
Project Overview
The development will be built on a 3,123 square metre plot along 28 October Avenue, one of Limassol’s main coastal roads. According to the environmental assessment study, the tower will reach a height of about 87 metres. The building will include a ground floor, mezzanine level, 18 upper floors, a roof garden, and two underground levels primarily used for parking and service areas. The project is designed to accommodate both office and commercial activities.
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Design And Layout
The two basement levels will cover approximately 4,780 square metres and will mainly serve as parking and support areas. The ground floor, with an area of about 651 square metres, will include a reception area, dining space, and additional parking facilities.
A mezzanine level will provide extra space for dining and terrace seating. The upper floors will be used primarily for office space, with a total office area of approximately 7,470 square metres. Certain levels will also include shared facilities as well as areas designated for events and reception functions.
The roof garden will include landscaped areas together with shared spaces and technical infrastructure.
Strategic Location And Connectivity
The tower will be located in a mixed-use urban zone that already includes residential buildings, offices, and tourism-related businesses along Limassol’s seafront.
Access to the site will be provided through Dandi Street to the east and Raphael Street to the north. The location also offers proximity to Griva Digeni Avenue and nearby commercial landmarks, including the Oval building. The Vathia Potamos area is located approximately 77 metres to the east of the site.
Parking And Accessibility
In addition to the extensive parking accommodations offering 146 parking spaces (including provisions for persons with disabilities), the project also supports alternative transportation needs, featuring dedicated spaces for 20 bicycles and 15 mopeds. Such forward-thinking planning reinforces the development’s commitment to accessibility and urban mobility.
