Larnaca is set to undergo a significant transformation with over €130 million worth of development projects scheduled for completion in the next two years. These initiatives follow the collapse of a €1.2 billion port and marina project in 2024, marking a shift in the city’s future planning.
At the heart of the transformation is a new public university faculty dedicated to marine sciences, technology, and sustainable development, valued at €20 million. This project, funded by the government and the EU, is poised to reshape the area near the old Larnaca airport, pending cabinet approval in 2025.
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The city’s marina will also be revamped, with a €30 million renovation plan that includes dredging works set to begin in 2025. The municipality will soon launch an architectural competition for a new yacht club building and landscaping, with construction slated to start next year. Meanwhile, the Centre of Marine and Maritime Research Innovation (CMMI) will manage the facility temporarily until an investor is identified.
Several other projects are set to boost the city’s infrastructure and quality of life. Among them are the Tsiakkilero refugee settlement recreation park (€2.3m), Pattichion Park (€6.7m), and an elderly care home (€6m), all expected to be completed this year, alongside flood channel improvements in Livadia (€3.8m).
Looking ahead, four major projects totaling €34.6 million will break ground this year and be finished by 2026. Notably, a €23 million sustainable urban mobility plan will introduce park-and-ride facilities and cycling lanes, alongside the renovation of Livadia’s core area (€3.6m) and the historic Agios Ioannis quarter (€8m).
The commercial center’s €13.3 million transformation is progressing well, with work on historic squares and pedestrian zones expected to be completed by late 2026. Additionally, the €17 million third phase of the Larnaca-Dhekelia road project is on track to be finished next year.
However, three significant projects worth €18.5 million are facing delays, including the old hospital conversion (€10.5m), the Archaeological Park (€4m), and the Salt Lakes Environmental Information Centre (€4m), the latter of which is slated to begin in 2027.