NewsLocalPlans for €856 million multi-purpose development in Agia Fyla area

Plans for €856 million multi-purpose development in Agia Fyla area

A large-scale development project is in the pipeline in Limassol’s Agia Fyla area with a total cost of €856 million and envisioning world-class educational facilities and a leading business park infrastructure.

This is what Philenews reports, adding that behind the ambitious project is Rofeno Properties Ltd.

And that a detailed environmental impact assessment study (EIA) became subject to public consultation by the Department of Environment since Thursday.

The whole project covers a land area of 949,916 m2 and includes uses with a total buildable area of 350,785 m2.

The proposed infrastructure aims to create a successful innovation environment, all integrated into a unified and integrated residential development surrounded by green parks and supporting social and recreational infrastructure.

Specifically, the project provides for a private school, – a medical institution – a European branded rehabilitation centre supporting a range of assisted living facilities and a research and innovation centre.

This includes a business park, sports facilities, an organised multi-activity sports centre, a private green space of the business park, a unified and organised residential development containing basic retail and leisure infrastructure.

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