Hill International to Provide Project and Construction Management Services for a Luxury Mixed-use Resort in Limassol, Cyprus
October 21 2021 - 8:15AM
Hill International (NYSE:HIL), delivering the infrastructure
of change, announced today it was selected by Anolia Holdings Ltd,
part of a leading international investment and real estate
development holding company Allea Group, to provide Project and
Construction Management services for its flagship
mixed-use project in Cyprus. The new resort is one of the most
prominent, green, and sustainable developments in Cyprus and will
feature a luxury hotel, Grand Hyatt Limassol, a residential tower,
gated community villas, and an array of premium facilities, all
presented in a “city within a city” bespoke concept.
Sited on a premier seafront location on a Blue
Flag beach, the resort is spread across 10 hectares of lush
parkland. Once complete, the resort will comprise a 300-key (with
42 suites) luxury hotel, the Grand Hyatt Limassol, directly managed
by the leading international hotel operator Hyatt. The building
will consist of a six-floor East wing and a seven-floor West wing
connected by a grand lobby, and will provide amenities such as
three restaurants, premium spa and fitness facilities, a kids club,
a multifunctional ballroom with state-of-the-art audiovisual and
entertainment technologies, a fully equipped business center, and a
personalized concierge service.
Located immediately above the hotel, the
24-floor residential tower will offer apartments with 360-degree
views of the Mediterranean coastline and surrounding mountains. The
tower will also feature a designated amenity space for residents
and will provide a private entrance with 24/7 security and
underground parking, an infinity rooftop swimming pool and kid's
pool with sun loungers, a wellness bar and a fresh local
Mediterranean herb garden, a lounge area, a business center, a
library, a cinema room, and a kid’s playroom. The resort will also
include gated community villas whose residents will enjoy lush
landscaping and long promenades, as well as kids’ playgrounds,
outdoor sport facilities, a dedicated yoga and meditation area, and
complete privacy in a secure environment.
Under the contract, the Hill International team
will provide project management services for both pre-construction
(including design review) and construction stages (including
project controls, contract administration, claims management,
construction supervision, commissioning, and licensing) of the
development.
“Cyprus has always offered an authentic
Mediterranean experience,” explains Panos Efstathiou, Hill
International Country Manager for Cyprus and Head of Advisory
Services for Southern Europe. “This ambitious project captures that
experience and enhances it with a green, luxurious destination with
views around every corner. Our role will be to make certain the
resort Anolia Holdings Ltd envisions is the resort delivered to
guests and residents.”
Manolis Sigalas, Hill’s First Vice President
& Managing Director for Southern Europe mentions that, “This is
a distinctive development that will elevate Cyprus’ position as a
destination for high-end tourism in the eastern Mediterranean. We
are honored to be selected by Anolia Holdings Ltd as their PM
partner and delighted to see our operations in the country grow
further with such a significant project.”
Hill Chief Executive Officer Raouf Ghali adds,
“Visitors are flocking back to luxury destinations like this resort
as we continue to recover from the pandemic. Realizing this project
and similar projects to the level our clients expect is a
particular area of expertise for Hill, and our team will bring the
best practices and lessons learned from our resort work around the
world to achieve Anolia’s goals for the resort.”
About Hill International
Hill International, with more than 2,900
professionals in 70 offices worldwide, provides program management,
project management, construction management, facilities management,
and other consulting services to clients in a variety of market
sectors. Engineering News-Record magazine recently ranked Hill as
one of the largest construction management firms in the United
States. For more information on Hill, please visit our website at
www.hillintl.com.
Forward Looking Statements
Certain statements contained herein may be
considered "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, and it is our
intent that any such statements be protected by the safe harbor
created thereby. Except for historical information, the matters set
forth herein including, but not limited to, any statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations are forward-looking
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although we believe that the
expectations, estimates, and assumptions reflected in our
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the
Risk Factors section and elsewhere in the reports we have filed
with the Securities and Exchange Commission, including that
unfavorable global economic conditions may adversely impact our
business, our backlog may not be fully realized as revenue, and our
expenses may be higher than anticipated. We do not intend, and
undertake no obligation, to update any forward-looking
statement.
Hill International, Inc. Elizabeth J. Zipf,
LEED AP BD+CSenior Vice President (215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc. Devin SullivanSenior
Vice President (212) 836-9608dsullivan@equityny.com
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