ACC to build luxury residential tower in Cyprus
Upon its completion in 2019, it will be the tallest residential seafront tower in Europe, and represents the company’s first project in Cyprus
Arabian Construction Company (ACC) and their joint venture partners, Joannou & Paraskevaides Group (J&P Group) have signed a new contract to build a 170m luxury residential tower, called ONE, in Cyprus.
Upon its completion in 2019, it will be the tallest residential seafront tower in Europe, and represents the company’s first project in the country.
The new tower will be located on 28th October Avenue, Limassol's prime seafront boulevard, and is set to become a landmark in the country.
All 83 apartments across the 37-storey building will have uninterrupted seaviews, with a mix of two-, three-, and four-bedrooms, plus a three-floored penthouse.
The building will also feature comprehensive amenities including a spa, a fitness centre, a swimming pool, and retail space.
Maher Merehbi, chief executive officer of ACC, said: “We are delighted to undertake our first project in the country. We are proud that the client has placed their faith in the combination of our high-rise expertise and the local experience of our J&P Group partners, to build what will become one of the most iconic buildings in Cyprus.”