Former Sun Tower location to become shops, offices and a polyclinic

The long-awaited €8 million investment in one of Nicosia's best-known commercial buildings, the former Sun Tower on Strovolou Avenue, is on its way to implementation.

The Cyprus Union of Bank Employees (ETYK) Provident Fund is moving forward with new development, both on the existing building and a new one to be built.

The Environmental Authority gave the green light for the creation of the project, which will see the existing building modified into offices and shops, and the parallel construction of a new building, in the area of the existing parking lot, which will function as a polyclinic.

According to the opinion of the Environment Department, the two buildings, owned by ETYK, will consist of two basements, a ground floor, three floors, and a roof with a canopy for installing photovoltaic panels.

It is noted that the existing building had a commercial in the past but is now closed although other Sun Tower stores remain open at other locations around Cyprus.

The total area of the development area amounts to 4,700 sq.m., while the total gross area amounts to 15,430.78 sq.m.

What will the two buildings include?

The shop and offices in the proposed building A have a gross area of 6057.76 sq.m. and will include office space, common areas, meeting rooms, kitchen, engine rooms, toilets, and reception areas.

The polyclinic in the proposed B' building is expected to have a total gross area of 9,373 sq.m. and will include a CT area, intensive care room and ward, MRI area, isolation room, laboratories, kitchens, nurses' station, office areas, operating rooms, medical consultation rooms, X-ray area, radiologist's office, doctors' office, staff office, wards patients, cafeteria, doctor's dormitory, mammography room, ultrasound room, and reception.

The area in which the project will be located is adjacent to developments with mixed uses, while there are residential developments 15 meters away.

Construction work is expected to last 36 months. The proposed development will have access points from Strovolou Avenue and Apostolou Markou Street. There are 209 parking spaces on the ground floor and two basement levels.

Based on the submitted environmental study, the cost of the project is estimated at €8 million.

(Source: InBusinessNews)