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EKO Cyprus Moves Forward With Larnaca Waterfront Transformation

Bold Redesign Of Larnaca’s Waterfront

EKO Cyprus Ltd has moved forward with plans to redevelop the former refinery area in Larnaca, with the project entering the final stage of environmental licensing. The proposal is currently under review by the Department of Environment, while the public consultation process will remain open until June 10.

Comprehensive Mixed-Use Development

The proposed Master Plan envisions the creation of a modern, dynamic urban hub composed of five distinct yet interlinked developments. The masterfully layered plan includes:

  • A 7-story hotel with 150 rooms spanning approximately 10,155 m²;
  • A 1,200 m² MICE facility designed to boost the professional tourism sector;
  • An upscale residential development offering 313 apartments over 31,300 m²;
  • A combined commercial and office complex providing 9,500 m² of retail space and 10,300 m² of office area.

This bold initiative places a strong emphasis on environmental sustainability by integrating extensive green spaces and recreational areas accessible to the public, substantially enhancing an area that has long been synonymous with industrial activity.

Integrated Infrastructure And Intelligent Design

Key infrastructural elements include a shared underground level for the hotel and conference center, accommodating parking and waste management facilities. The ground floor offers 51 parking spaces (including 9 dedicated to the disabled), while the basement provides 186 spaces (4 for the disabled). Similarly, the residential building is designed with an underground level hosting 325 spaces (22 for accessibility), and the commercial and office segments will collectively feature over 329 dedicated parking spots. In all, the project efficiently provides 891 parking spaces, including 63 for the disabled.

Environmental And Socioeconomic Benefits

According to the Environmental Impact Assessment conducted by YNB Consulting Limited, the removal of the former refinery installations has already significantly reduced pollution risks. The planned development is poised to deliver multifaceted benefits by:

  • Enhancing urban aesthetics with modern hospitality, leisure, and commercial facilities;
  • Generating a multitude of new job opportunities that spur economic growth;
  • Serving as a catalyst for further urban projects in the region;
  • Driving local tourism through the hotel and conference center, with a wider impact on the national tourism market;
  • Boosting quality of life through public green spaces designed for recreation and community events.

In addition, the project will address potential traffic challenges by proposing strategic improvements, such as upgrading junctions, installing pedestrian crossings with photo controls, and promoting alternative transit options like cycling and public transport.

A Vision For The Broader Urban Landscape

The redevelopment plan also includes a seafront promenade and linear park intended to connect multiple areas of Larnaca’s coastline, including Oroklini, the marina area and the city centre. According to the proposal, the waterfront area is intended to function as a public space for walking, recreation and public events while supporting broader urban regeneration efforts across the district.

Public Engagement And Future Prospects

EKO Cyprus Ltd has already held public presentations, capturing local insights and fostering a collaborative planning process. The broader project, part of the “Development Plan for the Former Refineries Area,” has redefined the zone as a Special Urban Development Area (ZEADA) since 2020. This milestone opens the door to similar forward-thinking urban projects that promise to transform Larnaca’s industrial past into a vibrant urban future.

Apple Ties Its Mac Strategy To The AI Boom With New Mac Mini And Mac Studio Models

Apple has updated its Mac Mini and Mac Studio desktops with new processors and higher AI performance as developers increasingly use Macs for local AI workloads. The new models are scheduled to ship on Sept. 22, weeks before the company is expected to introduce its next iPhone generation.

Macs Target Local AI Development

Developers and researchers are increasingly using Apple computers to run AI models locally, reducing reliance on cloud infrastructure. Mac Mini systems can support AI agent software, while Mac Studio machines are designed for more demanding model training and deployment workloads.

Apple said its processors combine Neural Engines for machine learning with unified memory architecture designed to reduce performance bottlenecks. The company says the combination allows users to run and fine-tune larger AI models directly on their devices.

Mac Mini Gets First M6 Generation Chip

The updated Mac Mini can be configured with Apple’s M6 and M5 Pro processors, making it the company’s first computer with an M6-generation chip. The M6 is manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC) using a 2-nanometer process.

The previous Mac Mini lineup offered M4, M4 Pro and M4 Max processors. Apple said the M5 Pro version of the new model can process large language model prompts 8.5 times faster than earlier Mac Mini Pro configurations.

Pricing has also increased. The new Mac Mini starts at $899, $100 more than the previous model, after Apple raised the price from $599 earlier this summer, citing higher memory costs.

Mac Studio Targets Larger AI Workloads

Mac Studio remains Apple’s highest-performance desktop without an integrated display, following the discontinuation of the Mac Pro earlier this year. New configurations include the M5 Max, which Apple says can run large language models nearly four times faster than the previous generation.

The M5 Ultra is available for users with heavier computing requirements. Apple says multiple Mac Studio systems using the Ultra chip can be connected to pool memory and run models with up to a trillion parameters.

Mac Studio with the M5 Max starts at $2,499, unchanged from the previous generation. The M5 Ultra configuration starts at $5,499, compared with at least $5,299 for the previous model using the M3 Ultra.

Apple Expands Its Local AI Hardware

The new desktops give developers and researchers more computing capacity for running AI models locally. Apple is also increasing the role of its custom processors and unified memory architecture in handling AI workloads without relying entirely on cloud-based computing.

Both Mac Mini and Mac Studio models are available for presale and are scheduled to begin shipping on Sept. 22.

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