The Limassol Municipality is expected to issue a building permit by the end of May for the Aura project, which is poised to become Cyprus’ tallest building at 181.5 metres with 44 floors.
This skyscraper will be constructed on the former site of the ERA Olympia shopping centre. Investors are finalizing agreements to meet compensatory measures set by the Municipality, which include providing over 300 public parking spaces and dedicating ground floor space for a municipal art gallery (with commercial use still under discussion).
Additionally, a €214,000 compensation payment will be made following a Council of Ministers’ decision to unify underground spaces with a public road.
Once the agreements are finalized, the project will be presented to the Town Planning Committee and then to the Municipal Council for permit approval. Sources confirm the permit will be issued before the upcoming local government elections.
Designed by Foster + Partners with support from international and Cypriot consultants, the project aims to create a modern, environmentally friendly tower that integrates seamlessly with Limassol’s urban environment.
The base of the building will feature landscaped gardens, a public square, and an urban park.
he 24-metre-high residential section will appear to “float” above these features, while the building’s design ensures unobstructed sea views for all apartments from the seventh floor upwards.