Major renovation underway in Old GSP area (pics)

The renovation works in the area where the Old GSP Stadium in Nicosia once stood are progressing at an intensive pace, with the delivery of the project anticipated to take place in November 2023.

The renovation works of the capital's historic stadium began in November 2021 with the budget of the major project reaching €20 million.

Co-financing comes from the "THALEIA" Program 2021-27 and EU Cohesion Fund, the state budget, and the Municipality of Nicosia, within the framework of the 2021-2027 programming period.

What will the renovated GSP include:

The renovation of the old GSP site includes:

  • An urban square
  • Green spaces
  • Recreation Area
  • Underground parking for 554 vehicles
  • Additional parking spaces: 33 for people with disabilities and 28 for people with reduced mobility (families)
  • 12 electric car charging areas, with provision for 108 electric cars.
  • Cafe
  • Restaurant
  • Bookstore
  • Art gallery
  • Amphitheatre
  • Square

In addition, the green element, as well as the water element, will have their presence in the renovated GSP. Low trees and other vegetation will be planted above the underground parking facilities. Also, the new park will include, among other things, a small waterfall and a water wall feature.

Here's what the GSP will look like after the renovation:

(Source: InBusinessNews)

Read More

Holy Metropolis of Limassol 's €379.5m Ayios Athanasios development on track for implementation
Don't miss the 7 February Open Call deadline for the 3rd Cyprus Architecture, Interior Design and Property Awards
St Raphael Resort & Marina reopening in March following renovation
Millions in investments breathing new life into the walled city of Nicosia
Open Call 7 February deadline nearly here for the 3rd Cyprus Architecture, Interior Design and Property Awards
Consulco announces new investment opportunity, Compartment C
Open Call for the 3rd Cyprus Architecture, Interior Design and Property Awards closes on 7 February
Anna Charalambous outlines Robura's mission to transform the real estate market
From Hilton to Landmark: A look back on the incredible journey of the capital's first ever 5-star hotel
Cyprus embracing mixed developments and residential apartment building trend