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Real Estate · Cyprus
New Mall in Limassol Approved with Traffic Mitigation Requirements by Government
2 sourcesFirst reported 4 hours agoUpdated 4 hours ago
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What all sources covered
- The Cypriot Cabinet approved a planning permit for a €95 million shopping center in Limassol, despite local opposition.
- The new mall will be located in the Agios Athanasios district of Amathounda Municipality.
- The decision aims to revitalize commercial activities in Limassol while addressing traffic concerns in the area through mandatory infrastructure projects.
- The construction costs are estimated at €55 million, with an additional €40 million earmarked for investments.
- The approval comes with specific conditions intended to mitigate potential traffic impacts from the new development.
2 sources
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