Jul 27, 2018
AP PHOTOS: High-rise construction boom transforms Limassol's skyline, signals Cyprus' emergence from a deep financial crisis
NICOSIA, Cyprus — The oval-shaped building with a gleaming metal skin, set close to the sea on a Mediterranean island, resembles a sci-fi portal into another dimension as it reflects the intense July sun.
Aptly named The Oval, the 16-story structure is being advertised as the tallest office tower on Cyprus. It's one of about a dozen high-rises transforming the skyline of a city in southern Cyprus as the island-nation emerges from a deep financial crisis.
Permits for another 20 buildings designed to be 12 stories or higher also have been approved in and around Limassol, a coastal vacation spot with a reputation as the most cosmopolitan city on Cyprus, according to Costas Galatariotis, president of the Limassol Chamber of Commerce and Industry.
Among them is what government officials say will be Europe's largest casino resort.
Luxury apartment towers and other high-rise properties in Limassol primarily are marketed to foreign investors who want to obtain European Union passports. The government gives non-EU citizens who put a sizeable chunk of money into the country the opportunity to obtain Cypriot citizenship.
But the tall buildings are not welcomed by all Limassol residents. Some consider them eyesores. Homeowners near the construction sites say they're fed up with the noise and debris and worry about the new developments casting shadows on their properties, Cyprus Greens party spokesman Alkis Papis said.
But the overarching concern for Papis is what some perceive as the tendency among Cypriot public officials to approve building plans with little forethought. The resulting sprawl and traffic problems diminish the quality of life for residents and take away from the local flavor that draws many tourists, he said.
Limassol Mayor Nicos Nicolaides says he advocates a balance between encouraging development and addressing environmental and other concerns. He favors an approach that concentrates the high-rises in designated zones.
The Limassol Chamber of Commerce opposes freezing construction, as some environmentalists have suggested. A new planning bylaw requires the areas surrounding a planned high-rise to be made up of structures at least one-third the anticipated building's height. The bylaw is a form of the zoning limits that the mayor and environmentalists champion, Galatariotis said.
Record heat and a rising demand for electricity are closing in on Oklahoma families trying to keep the lights on and the AC running.
Gleaning Cornwall warns that more funding is needed as costs rise sharply.
Chancellor John Healey will set out his plans for UK taxes on 28 October.
Inflation is high, consumer spending is strong and seemingly everything depends on what happens with artificial intelligence.
Scott Kirby of United Airlines said that “it’s expensive to fly airplanes” and that airfares may have further to rise.
Engineer David Mummery has developed a tidal energy generator that he says can change lives for people living in coastal communities.
Zoey Darnbrough had no idea there was a distillery near her home - now she has a top tourism role there.
The government plans to regulate heating oil prices after increases.
The sports industry's lucrative business model is being undermined by dodgy TV sticks and illegal streaming links, writes Theo Leggett.
The Trump administration is ignoring the will of Congress and waiving new Russia sanctions amid fears that high energy prices will cost Republicans in next month’s elections.
Demonstrations across the country turned violent, with cars and buildings set alight and shops ransacked.
Commercials promoting a gambling platform and endorsing male enhancement have rankled fans, and even athletes. Who is in charge?