Work on the major reconstruction of the GSP stadium in Nicosia has reached the finishing line.
This was announced on Thursday 30 January by the head of the transport committee, Marinos Mousioutas.
We have been informed by the architect, the contractor and the Nicosia municipality, which is the initiator of this project, that work on the site is nearing completion.
The renovated GSP Stadium will be inaugurated in late March or early April. There have been some delays in the implementation of the project, but they have been fully justified by the contractor," said Musiutas.
He also noted that the final cost of the project will amount to 19 million euros, no additional funds will be required.
It is recalled that work on the reconstruction of the GSP stadium in Nicosia began in November 2021. However, it was postponed several times. First because of the coronavirus pandemic, then because of disruptions in the supply of building materials. The original plan was to complete the stadium within 24 months of starting work. However, the deadline has been pushed back by almost a year.
Work is taking place in the area between Grigori Afxentiou, Evagorou and Vasileos Pavlou streets, east of the Ministry of Finance building in Nicosia. Following the radical modernisation of the GSP Stadium, the public will have new restaurants, cafes, a children's playground and shops where they can stroll, have a coffee, a snack and shop. At the centre of the stadium will be a town square with an open-air amphitheatre, which will provide seating for film screenings. For the convenience of visitors, there will be two underground car parks with 554 parking spaces, including 33 for the disabled, 28 for people with reduced mobility and 12 for electric cars.
In the underground zone, there will be two shops, a Citizens' Service Centre, which used to be on Makarios Avenue and was closed about two months ago, recreational areas and a hall for events," Musiutas added.
The project includes not only the reconstruction of the stadium, but also its maintenance by the development company for the next 10 years. The money to upgrade the facility has been provided by the EU Cohesion Fund, the state budget and the Nicosia municipality as part of the 2021-2027 Regional Development Programme.
