Horizon Towers project approved in Larnaca

The Larnaca District Local Government Organisation (DLGO) has granted planning permission for the first phase of the Horizon Towers development in Livadia, Cyprus. Developed by Shajwawi Lebovich Karekla (SLK) Developments Ltd, the project is situated near the former refinery area, approximately 400 metres from the coast. The approved phase includes two 20-storey, 84-metre towers and a six-storey, 27-metre building, which will eventually form part of a six-tower residential and commercial complex.

With an estimated cost of 200 million euros, the full project will feature 528 residential units, restaurants, shops, swimming pools, a spa, a fitness centre, and a padel court. The site falls under the central multi-use core of the Former Refineries Area Plan, which allows for maximum building heights of up to 90 metres following 2023 amendments. DLGO president Angelos Hadjicharalambous confirmed the issuance of the planning permit.

SLK Developments Ltd is currently managing multiple investments in Larnaca, including the Lumina Mare project and the former Beau Rivage hotel site. While planning permission for the first phase has been secured, an application for the building permit is currently under examination by the relevant authorities. The development marks a significant shift for the region following the removal of industrial oil tanks.