Filenews 19 February 2026 - by Angelos Nikolaou
A new era for the coastal front of Larnaca is marked by the submission of environmental studies to the Department of Environment for the "Horizon Towers" project. The development, by the company Shajwawi Lebovich Karekla Developments Ltd (SLK), is proposed to be erected in the area of the former Refineries and Petroleum Warehouses, within the boundaries of the Municipality of Livadia (now part of the new Larnaca Complex of Municipalities).
The project, which is characterized by high architectural standards, concerns the construction of a total of six towers, ranging from 70 to 86 meters high, which will host 530 residential units, two public multi-purpose buildings, which will have dining areas, shops, a gym, a spa and office spaces, as well as green spaces, parking, swimming pools, a padel court.
The investment is being implemented on land granted by the company Petrolina, owned by the Lefkaritis family.
The investment has been divided into two main sections (Plot 1 and Plot 2), for which two separate urban planning applications have been submitted, but they constitute a single aesthetic and functional intervention:
Horizon Towers – Plot 1:
- Two towers of 20 floors (Horizon 1 & 2), 86 meters high, with 99 apartments.
- A five-storey multi-purpose building (Annex 1) with shops, dining, gym and offices.
- Large swimming pool of 550 sq.m., playground and green areas.
Horizon Towers – Plot 2:
- Three 17-storey towers (Horizon 3, 4, 5) with 85 apartments each and a 16-storey tower (Horizon 6) with 77 apartments.
- A total of 332 residential units in this section.
- A three-storey multi-purpose building (Annex 2).
- Two swimming pools of 900 sq.m., children's pool, padel court and outdoor refreshment area.
- Parking for 427 vehicles.
Particular emphasis is placed on environmental studies for the management of the aquifer, as due to the proximity to the sea and the depth of the excavations (up to 4.20 m for the towers), lowering the water level will be required.
The study proposes a sustainable solution of re-injection of the pumped water into the aquifer through special boreholes outside the boundaries of the development, so that there is no quantitative degradation of groundwater. The construction work is expected to last about 18 months, with the impacts (noise, dust) classified as "minor to moderate" and fully reversible.
"The multidimensional character of the project is fully harmonized with the new multifunctional core of the area, transforming a former industrial zone into a modern urban center," the conclusions of the studies state.
