PHILADELPHIA and NICOSIA, Cyprus, October 21, 2021 (GLOBE NEWSWIRE) – Hill International (NYSE: HIL), providing the infrastructure for change, today announced that it has been selected by Anolia Holdings Ltd, which is part of a leader international investment and real estate development holding company Allea Group, to provide project management and construction services for its flagship mixed-use project in Cyprus. The new complex is one of the largest, greenest and most sustainable developments in Cyprus and will include a luxury hotel, the Grand Hyatt Limassol, a residential tower, gated community villas and a range of top-notch facilities. range, all presented in a “city within a city” tailor-made concept.
Located on a privileged location by the sea on a Blue Flag beach, the resort extends over 10 hectares of lush parkland. When complete, the resort will include a 300-key luxury hotel (with 42 suites), the Grand Hyatt Limassol, directly managed by the leading international hotel operator Hyatt. The building will consist of a six-story east wing and a seven-story west wing connected by a large lobby, and will offer amenities such as three restaurants, a premium spa and fitness facilities, a children’s club, a multifunctional ballroom with state-of-the-art audiovisual and entertainment technologies, a fully equipped business center and personalized concierge service.
Located directly above the hotel, the 24-storey residential tower will offer apartments with 360-degree views of the Mediterranean coast and surrounding mountains. The tower will also feature a residents-only amenity area and provide a private entrance with 24/7 security and underground parking, a rooftop infinity pool and children’s pool with sun loungers, a well-equipped bar. -being and garden of fresh local Mediterranean herbs, a lounge area, business center, library, cinema room and children’s playroom. The resort will also include gated community villas whose residents will enjoy lush landscaping and long walks, as well as children’s play areas, outdoor sports facilities, a dedicated yoga and meditation area and a total privacy in a secure environment.
Under the contract, the Hill International team will provide project management services for the pre-construction (including design review) and construction (including project controls, contract administration, claims management, construction supervision, commissioning and licensing) development.
“Cyprus has always offered an authentic Mediterranean experience,” says 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 and luxurious destination with views around every corner. Our role will be to ensure that the complex envisaged by Anolia Holdings Ltd is the complex delivered to customers and residents. “
Manolis Sigalas, Hill’s Senior Vice President and General Manager for Southern Europe, mentions that “this is a distinctive development that will enhance Cyprus’s position as an upscale tourist destination in the east. of the Mediterranean. We are honored to have been selected by Anolia Holdings Ltd as a PM partner and delighted to see our operations in the country grow further with such an important project.
Hill CEO Raouf Ghali adds, “Visitors are flocking to luxury destinations like this resort as we continue to recover from the pandemic. Carrying out this and similar projects to the level expected by our clients is a particular area of expertise for Hill, and our team will bring best practices and lessons learned from our work in the resort around the world to achieve the goals. from Anolia for the complex.
About Hill International
Hill International, with more than 2,900 professionals in 70 offices around the world, provides program management, project management, construction, facilities management and other advisory services to clients in various market sectors. Engineering News-Record The magazine recently ranked Hill as one of the largest construction management companies in the United States. For more information about Hill, please visit our website at www.hillintl.com.
Certain statements contained in this document may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intention that such statements will be protected by the safe harbor thus created. With the exception of historical information, the matters set forth in this document, including, but not limited to, any statement of belief or intent, any statement regarding 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 the estimates or projections contained in our forward-looking statements are set out in the Risk Factors section and elsewhere in our reports that we have filed with the Securities and Exchange Commission, including this unfavorable global economic situation conditions may have a negative impact on our business, our backlog may not be fully realized as revenue and our expenses may be higher than expected. We do not intend, and assume no obligation, to update any forward-looking statement.
Hill International, Inc.
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