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

Sophic platform intends to acquire part of first issuance of Cyprus Government Treasury Bills for 2025
Stakeholders attend meeting on benefits of Energy Management Systems
Bank of Cyprus sells NPL portfolio and related collateral and facilities to Cerberus
CEO Eleni Kaloyirou on how Hermes Airports is meeting geopolitical, Fit for 55, and other challenges
Nicos Mesolongitis on his Greece and Europe expansion plans for OJO Sunglasses
Cyprus' population up by 1.8% in 2023, statistical data show
Compensation for former Laiki Bank depositors and bondholders to begin in May
Building permits dropped 83.9% in July 2024 due to technical problems
Cyprus can become a top sports' tourism destination, says Basketball Federation
White House approves defence support to Republic of Cyprus