Larnaca’s Land of Tomorrow project to break ground in 2025

April 29, 2025

The first major development along Larnaca’s former refinery waterfront is set to commence in 2025, marking a significant transformation of the area where oil tanks once stood.
The initial phase of the Land of Tomorrow project, developed by Lefkaritis Group, Petrolina, bbf and Foster + Partners, will cover approximately 32,000 square metres, sources told philenews.
Petrolina CEO Dinos Lefkaritis said the development would receive licensing in the coming weeks, with construction of the first two buildings planned to begin before the end of 2025.
“The first phase will comprise two buildings with 150-200 apartments, targeted for completion by 2028-2029,” Lefkaritis said, adding that discussions for the next phase were underway. The buildings will not exceed 15 floors in height.
The project is part of a larger development spanning 400,000 square metres, with total investments expected to surpass €1 billion.
Plans designed by Foster + Partners include retail spaces, commercial streets, restaurants, bars, a five-star luxury hotel, a modern conference centre, private offices, co-working spaces, and event venues.
The development will incorporate approximately 20,000 trees across the site.
Preparatory work is already underway, with the large LPG sphere having been dismantled. The next step involves demolishing the Lefkaritis Brothers Ltd gas cylinder repair and maintenance factory, which occupies about 5,000 square metres.
Environmental authorities have approved the demolition permit for the factory, with work to be carried out using scaffolding, hand tools, machinery, and gas torches. The process will involve removing significant quantities of debris, concrete, and metals.
According to the environmental impact study, demolition work will target administrative buildings, a restaurant, sanitary facilities, warehouses, and gas cylinder manufacturing facilities.
The study indicates that environmental impacts during dismantling and demolition can be managed through appropriate measures, primarily addressing noise levels, dust, and waste management.

[Source: https://in-cyprus.philenews.co...]