Waterfront Development: Paralimni, Cyprus

LOCATION:
Cyprus
CLIENT:
PMV Maritime Holdings Ltd
PROJECT VALUE:
€150m
TIMELINE:
Design: 2015 – 2019 Construction: 2020 - 2025
DEVELOPER:
Private (PMV Maritime Holdings)
A sophisticated mixed-use waterfront development

“Paralimni Marina” is a residential and marina development in the village of Pernera, Cyprus, on the sheltered east coast of Cyprus. Located within the popular holiday destination of Protaras, the mixed-use waterfront development will offer a high quality 300-berth marina along with land-based facilities and services with the aim of developing year-round tourism in the Paralimni region.

Paralimni Marina consists of integrated mixed-use waterfront development (residential, retail, food & beverage, leisure), public green space, a public coastal path & waterfront promenade, marine infrastructure (breakwaters, quays) and boutique leisure marina. The charming Pernera Fishing Shelter, home to 80 traditional fishing boats, will be integrated into the waterspace of Paralimni Marina, providing additional protection to the local fleet.

SPECIALIST MARINA CONSULTANCY SERVICES PROVIDED:
Concession strategy, support and application
Waterfront masterplanning
Schematic design, concept design, detailed design
Marina technical feasibility & advice
Marina market study
Marina financial feasibility & business plan
Funding strategy & options
Design team co-ordination
Tender advice & client representative role
Marina operational strategy & advice

Marina Projects was appointed at the onset to assist and coordinate the preparation of the formal tender

Phil Dunn, Marina Projects
Lead consultant

As lead marina consultant, Marina Projects Ltd was appointed at the onset to assist and coordinate the preparation of the formal tender for a 125-year Government Concession for the development of Paralimni Marina. Upon award of the Concession, Marina Projects’ role as lead consultant has continued through the masterplan development process and in the coordination of preliminary designs, working alongside architects, engineers, surveyors and environmental consultants. A two year period of investigations and design work culminated in the submission of planning and licence applications to the planning authorities.

 

In early 2020 a Masterplan development permit was granted for the development of Paralimni Marina, shortly followed by a marine works licence, permitting initial maritime works (dredging, reclamation, piling) to commence. Marina Projects continues to play a lead role as the project advances into detailed design, procurement, and marine civil works. The project is being coordinated from Marina Projects’ office based in Larnaca, Cyprus.

Marina Projects continues to play a lead role as the project advances

Mike Ward, Marina Projects