Paralimni Marina, a 300-berth boutique marina scheme on the sheltered east coast of Cyprus, has reached a major milestone with both Masterplan Development Permit & Marine Works Permit recently granted to project owner PMV Maritime Holdings. The two development permits pave the way for early construction activities to include a substantial package of site enabling works, with major marine project works due to commence in Spring 2021.
Permit success for waterfront development, Paralimni Marina
As designated marina consultant for the scheme, Marina Projects Ltd has been providing continued support to PMV since 2015, developing the winning marina concept for a state-led masterplan Concession contest in parallel with preparation of the initial business plan and waterfront development strategy.
Consultancy advice leads to marina permit success
Upon formal award of the Concession in early 2018, a masterplan design team consisting of local and international architects, civil, marine and MEP engineers, environmental consultants and landscape architects was assembled and project managed by Marina Projects Ltd to bring together the wider development Masterplan. Following a year of intensive design development and environmental assessment the Paralimni Marina Masterplan was unveiled to the public in a launch event hosted by the President of Cyprus, Mr Nicos Anastasiades. Following submission of the marina Masterplan application to the licencing authority alongside a thorough Environmental Impact Assessment study, PMV was granted the all-important Masterplan Development Permit in April 2020. This early success for the project team was followed by receipt of the Marine Works Permit in August 2020, effectively granting the go-ahead for marine works on site.
Construction Works Imminent on marina development
With infrastructure construction permits in place, construction on site will commence with the preparation of the concrete batching and casting yard, necessary to cast and cure approximately 4,500 breakwater armour units and 750 precast quay wall blocks. Stage 1 of the main construction works is scheduled to take place this Spring, with shoreline reclamation and breakwater foundations among the first work packages. Early installation of the 450m outer breakwater will create a sheltered waterfront environment at the project site, allowing quayside and promenade construction to get underway. Primary marine infrastructure works (breakwaters, quays, slipway, dredging) are expected to take 2 years to complete, with the marina installation destined to finish 12 months later. Fittingly, the marina is set to open alongside Phase 1 of the residential real estate and initial commercial units in early 2024. Marina Projects Ltd continues to advise PMV through the detailed marina design, procurement and construction phases of this prestigious project.
Upon completion of the waterfront development, Paralimni Marina will boast the first true integrated marina development on the popular Famagusta coastline.
Alongside the 300-berth marina, the exclusive real estate element will offer 113 waterfront apartments, penthouses and villas which enjoy seclusion from the retail, food & beverage units and active promenade at marina level.
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