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FOREST PARK HOTEL - REDEVELOPMENT

Category:

Project Management Department Projects

Employer:

KOSTAS CLEANTHOUS

Stage:
INCEPTION
Location:
PLATRES
Description

Evripidou Project Managers are pleased to announce that we have been assigned as the Project Managers of an exciting new endeavour, the Redevelopment of the Forest Park Hotel in Platres.
Our role covers the full range of associated PM services, where we shall oversee all technical aspects of the scheme from its inception and design through to its delivery.

The Client who has undertaken this significant investment project is Mr Kostas Cleanthous, who is the co-founder of the international forex company XM and founder of the 'Cleanthous Foundation' charity. His vision is the creation of a modern mountain resort, in accordance with the specifications of corresponding luxury resorts abroad, which will simultaneously revive the glamour of the historic hotel. The project will be implemented with full respect for its history, the area and the environment, so that it can once again be a point of reference in Cyprus as well as internationally. At the same time, the project is expected to create hundreds of jobs, both during the renovation activities and its operation, thereby contributing decisively to the economic regeneration of the entire region.

The hotel will continue to operate as normal and welcome its guests in its current form, until the procedures and plans for its complete renovation are completed. Once the relevant works commence, the hotel will suspend its operations until the redevelopment phase is concluded.

As part of the ongoing inception phase activities, Evripidou PMs have already launched and supervised a preliminary Due Diligence process, which has carefully assessed the legal/permitting, architectural, structural and environmental aspects of the site. The aim was to gain a better understanding of the property's condition, potential risks, and opportunities for improvement and development, enabling informed decision-making regarding the most appropriate way forward. The outcomes of the above exercise have been reflected in a comprehensive Project Brief which shall be used to engage an internationally renowned architectural office to lead the design of this remarkable project and materialise the Client’s vision.

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