Aura

Limassol to grant permit for tallest building in Cyprus “Aura”

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Limassol to grant permit for tallest building in Cyprus “Aura”

Limassol Municipality is expected to issue a building permit by the end of May for the Aura project, which will become Cyprus’s tallest building at 181.5 metres with 44 floors. The skyscraper will be constructed on the former site of the ERA Olympia shopping centre. Investors are finalizing agreements to comply with compensatory measures set by the Municipality, including providing public parking spaces, allocating ground floor space for a municipal art gallery, and making a compensation payment. The project, designed by Foster+Partners, aims to create a modern, environmentally friendly tower that integrates seamlessly with Limassol’s urban environment.

A journey back to yourself

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A journey back to yourself

– Human Design is a system that categorizes individuals into five energy types: Manifestors, Generators, Manifesting Generators, Projectors, and Reflectors.
– Each energy type has unique characteristics and challenges.
– Human Design also includes defined and undefined centers that influence how individuals process and experience energy.
– The system provides strategies and authorities to guide decisions and align actions with internal energy needs.
– Human Design offers a personalized approach to personal growth and self-discovery, allowing individuals to embrace their true selves and thrive.

La Petite Maison to mark second anniversary in style at Parklane

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La Petite Maison to mark second anniversary in style at Parklane

La Petite Maison (LPM) is celebrating its second-year anniversary at Parklane, a Luxury Collection Resort & Spa on May 25-26, 2024.

High Tax Rates Caused Too Much Culture

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High Tax Rates Caused Too Much Culture

Corporate art purchases were common from the 1950s through the 1970s, with corporations supporting symphonies, operas, and dance companies as a mark of corporate citizenship. These expenses were tax-deductible, with the government covering half the cost. Employees preferred compensation in-kind, such as office spaces with avant-garde design or tickets to cultural events, as they faced high marginal tax rates. However, after the 1980s, as tax rates decreased, employees preferred cash over cultural benefits, leading to a decline in corporate support for culture. The shift from a culture-focused corporate environment to a more utilitarian one was influenced by changes in tax rates.

Limassol to host Cyprus, ’ tallest tower

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Limassol to host Cyprus, ’ tallest tower

Limassol is set to host the tallest high-rise building in Cyprus, named Aura by Shacolas, which will span 44 floors and reach a height of 181.5 metres. The project will include 136 luxury apartments with two, three, and four bedrooms, starting from a height of 24.3 metres. Aura is designed by Foster + Partners architectural firm, with an estimated cost of €108 million. As part of the development, compensatory measures valued at €214,000 will be implemented, including providing the municipality with a basement for use as a gallery and 300 public parking spots.