Casino-report – full speed ahead

Work is now in full progress on the highly ambitious project of the City of Dreams Mediterranean casino-resort, in the in Zakaki area of Limassol. The foundation of the project was laid out by the President of the Republic, the Executive Director of Melco and the CEO of CNS Group in June 2018. Since then, a lot of water has flowed into the groove and it took a year to prepare the ground for the actual foundation of the building complex.

Due to the high level of underground water of the area, drainage during the excavation has been uninterrupted and is still ongoing, preparing the ground for the main construction. The construction of the project, assigned to Avax-Terna J.V., has now entered its next phase, which is the foundation of the hotel and casino. Work on the foundation of the conference and exhibition center will begin by late October, and thousands of cubic meters of concrete and tons of iron will be required for the construction work.

The project is being built on two blocks of 545,000 square meters. The 16-storey luxury hotel built above the casino will feature 473 rooms, 23 suites, one presidential suite and six lifts. On the ground floor of the complex there will be five world-class restaurants and bars, with international, Mediterranean and Asian cuisine, a 1,700 sq m shopping center inspired by old Nicosia, with well-known companies, a large ballroom, a wellness center and a fitness center. The spacious casino facilities will include a 7,500-square-foot play area, with 136 tables and 1,000 state-of-the-art slot machines.

The conference and exhibition center of a total area of ​​9,600 sq.m. with the possibility of hosting international conferences and exhibitions will be located in a separate building.
The exterior design of the project will have a strong Mediterranean character and will include three swimming pools, recreation areas, playgrounds, sports facilities, an amphitheater etc. Access to the resort will be via the road adjacent to the My Mall shopping center.

There will hundreds of reserved parking spaces, ensuring easy access for visitors, and north-east of the development, two large public green spaces will be formed. The compound will also have its own sewage recycling unit. The City of Dreams Mediterranean will be Europe's largest multipurpose casino resort and is the largest investment ever made in Cyprus. The project will cost €550 million and is expected to be completed by the end of 2021.

LIMASSOL CHAMBER OF COMMERCE AND INDUSTRY

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