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Investment of millions in the site of the former cement factory of the Monastery

Investment of millions in the site of the former cement factory of the Monastery


A major new project to be implemented in the Pyrgos area of Limassol has received the green light from the Department of Environmental Protection. We are talking, in particular, about the construction and operation of seven multi-storey buildings, 84 individual residential buildings and six commercial premises with shops.

In particular, the main purpose of the proposed project is residential use, but it is characterized as a mixed development, as it will also have a commercial character.

According to the environmental impact study filed in February 2021, the developer is Sarels Ltd and the estimated development cost is 50 million euros.

The proposed project is to be developed on a piece of land formerly operated by a cement plant (former Monis cement plant) which is currently being cleared.

What will it include?

Excavation and civil works will be carried out for the construction of the proposed project.

The use of the project will be primarily residential while it will also include commercial areas, community green spaces, swimming pools, a spa and wellness center, a children’s playground, sports facilities, a chapel, parking spaces and an engineering zone.

In particular, the proposed includes:

• Seven buildings with apartments (four, five, six, seven and nine floors)

• 84 independent houses, all with basement, basement

• Commercial premises and in particular six stores

• Parking spaces for tenants and visitors

• Public parking spaces

• Public green spaces

• Utilities

• Pools (total 84)

• Spa and wellness center

• Playground

• Tennis court

• Little church

• Biological wastewater treatment plant

• Public road to the site

• Private internal roads

• Public and private walking paths

Position of the Department of the Environment

For the proposed project, the project owner submitted an environmental impact study, followed by public comment.

The Department of the Environment gave its approval on May 30, subject to certain conditions. In particular, the conclusion of the Department of the Environment states:

“During a comprehensive study of the environmental parameters of the project, the EPA took into account MEEP, specifications and other elements of the construction and operation of similar projects, the positions of the members of the Commission and other involved persons, spatial and environmental space data. After a joint assessment of the above, the environmental authority supports the project in question, since it has formed the position that both in terms of the technical excellence of the project and from a spatial point of view, it can work in the area . in an environmentally acceptable manner, subject to the conditions specified in the MEEP included in the Annex.”

It is noted that four separate urban planning applications were submitted for the proposed project, which are evaluated together in the opinion.

Source and photo: www., Editor

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