Zakaki is a suburb of Limassol, Cyprus, known for its significant developments and strategic location. In recent years, Zakaki has seen substantial growth and transformation, becoming a prominent area for business and leisure.
Zakaki is a suburb of Limassol, Cyprus, known for its significant developments and strategic location. In recent years, Zakaki has seen substantial growth and transformation, becoming a prominent area for business and leisure.
In June 2023, the City of Dreams Mediterranean luxury integrated resort and casino complex opened in Zakaki. This development, which spans 14.8 acres, is Europe's first and largest integrated resort. It features 500 rooms, a 7,500 square meter gaming space, and numerous high-end restaurants. The project, developed by Melco Resorts & Entertainment Limited, represents an investment of over €600 million and has significantly boosted the local economy and tourism. [1] [2] [3]
The presence of the City of Dreams Mediterranean has accelerated the economic development of Zakaki, attracting both local and international investors. The area is also home to various businesses and residential projects, contributing to its growth as a key urban center in Limassol. [4]
Zakaki is well-connected to the rest of Limassol and Cyprus through a network of roads and public transportation options, facilitating easy access for both residents and visitors. [5]
In addition to the City of Dreams Mediterranean, Zakaki boasts several shopping centers, parks, and recreational facilities, making it an attractive destination for families and tourists alike. [6]
With ongoing developments and increasing investments, Zakaki is poised for continued growth and transformation, further solidifying its position as a significant suburb of Limassol. [7]
The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
Limassol is a city on the southern coast of Cyprus and capital of the Limassol district. Limassol is the second-largest urban area in Cyprus after Nicosia, with an urban population of 195,139 and a district population of 262,238. The Limassol municipality is the most populated in Cyprus, with a population of 108,105, followed by Strovolos municipality in Nicosia.
Sustainable urban infrastructure expands on the concept of urban infrastructure by adding the sustainability element with the expectation of improved and more resilient urban development. In the construction and physical and organizational structures that enable cities to function, sustainability also aims to meet the needs of the present generation without compromising the capabilities of the future generations.
Mixed use is a type of urban development, urban design, urban planning and/or a zoning classification that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some degree physically and functionally integrated, and that provides pedestrian connections. Mixed-use development may be applied to a single building, a block or neighborhood, or in zoning policy across an entire city or other administrative unit. These projects may be completed by a private developer, (quasi-)governmental agency, or a combination thereof. A mixed-use development may be a new construction, reuse of an existing building or brownfield site, or a combination.
The Port of Limassol, also known as Limassol New Port is the largest port in Cyprus, located in the city of Limassol.
Tourism in metropolitan Detroit, Michigan is a significant factor for the region's culture and for its economy, comprising nine percent of the area's two million jobs. About 19 million people visit Metro Detroit spending an estimated 6 billion in 2019. In 2009, this number was about 15.9 million people, spending an estimated $4.8 billion. Detroit is one of the largest American cities and metropolitan regions to offer casino resort hotels. Leading multi-day events throughout Metro Detroit draw crowds of hundreds of thousands to over three million people. More than fifteen million people cross the highly traveled nexus of the Ambassador Bridge and the Detroit-Windsor Tunnel annually. Detroit is at the center of an emerging Great Lakes Megalopolis. An estimated 46 million people live within a 300-mile (480 km) radius of Metro Detroit.
Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated resorts with entertainment and casino gaming facilities in Asia and Europe. Based in Hong Kong, the company is listed on the NASDAQ. Originally known as Melco Crown Entertainment, Melco Resorts was founded in 2004 as a joint venture between Melco International and Crown Limited. Melco Crown became Melco Resorts & Entertainment in May 2017 and currently operates as a subsidiary of Melco International. Melco Resorts owns a number of integrated casino resorts, having launched Altira Macau in 2007, City of Dreams Macau in 2009, City of Dreams Manila in 2015, Studio City Macau in 2015 and City of Dreams Mediterranean in 2021, the largest casino-resort in Europe. It also operates the Mocha Clubs slot machine brand.
Melco International Development Limited, formerly The Macao Electric Lighting Company Limited, is a multinational investment holding company based in Central, Hong Kong. Melco International invests in casino and hospitality business and other businesses in Hong Kong, Macau, the Philippines, and Cyprus. One of the 100 oldest companies in Hong Kong, it was founded in 1910 and listed on the Hong Kong Stock Exchange in 1927. Originally an electricity supplier to Macau, around 2001 Melco International diversified into casino development and operations, building casino resorts such as Studio City Macau, City of Dreams Macau, City of Dreams Manila, and Altira Macau. Currently the major subsidiary that Melco International operates is Melco Resorts & Entertainment Limited.
Tangier's economy is the third biggest of all Moroccan cities, after the economic capital Casablanca and the city of Fez. Tangier is Morocco's second most important industrial center after Casablanca. The industrial sectors are diversified: textile, chemical, mechanical, metallurgical and naval. Currently, the city has four industrial parks of which two have the status of free economic zone.
MY MALL Limassol is a shopping centre in Zakaki, a western suburb of Limassol, Cyprus. It is the second largest mall in size in Cyprus. The mall was originally named "Tiffany Mall", but the name was changed in 2009 following complaints from other holders of the rights to the Tiffany name.
Imperio Properties is a property development and management firm, based in Cyprus, since 2003. Imperio completed fifty projects, and its biggest project is The Icon tower, which has been completed in 2021.
Tourist Resorts (Kerala) Ltd or (TRKL) is a Government of Kerala undertaking under Kerala Tourism Department, established in August 1989 to promote tourism investment and to develop Tourism infrastructure in the Indian state of Kerala. TRKL was conceived to identify tourism infrastructure needs of the state and bridge any identified gaps. Kerala is today growing at an amazing pace in tourism, adhering to the principles of indigenousness, environmental sustainability and community participation. Kerala's beaches, hill stations, backwaters, wildlife sanctuaries, historical monuments, etc. attract foreign as well as domestic tourists.
Entertainment City, also known as E-City, is a gaming and entertainment complex under development by PAGCOR spanning an area of 8 km2 (3.1 sq mi) in Bay City, Metro Manila. It was first envisioned by PAGCOR in 2002. Alongside the Aseana City business development, it lies at the western side of Roxas Boulevard and south of SM Central Business Park, part of Parañaque.
Medcities is a network of Mediterranean coastal cities created in Barcelona in 1991 at the initiative of the Mediterranean Technical Assistance Programmes (METAP). The METAP, whose objective is environmental improvement in the Mediterranean region, was established in 1990 by the World Bank, the European Investment Bank and the United Nations Development Programme.
A casino hotel is an establishment consisting of a casino with temporary lodging provided in an on-premises hotel. Customers receive the benefits of both gambling facilities and lodging. Since the casino and hotel are located on the same premises, a gambler's necessities can be provided for in one location.
The Metro Manila Dream Plan, formally titled the Roadmap for Transport Infrastructure Development for Metro Manila and Its Surrounding Areas, refers to a 2014 integrated plan for improving the transport system in Metro Manila, Philippines, with the hope of turning it into a focal point for addressing Metro Manila's interlinked problems in the areas of transportation, land use, and environment.
The urban renewal of Sydney is an ongoing land redevelopment process that is creating and reviving new urban centres across Sydney, Australia. Urban renewal refers to the refurbishment of derelict buildings, streets or neighbourhoods and is accompanied with the process of gentrification attributed by changes in land use and deindustrialisation of areas. In 2020, there are several projects underway and planned including Barangaroo, The Bays Precinct and Green Square.
City of Dreams Mediterranean is a 14.8-acre (6.0 ha) luxury integrated resort and casino complex located in the Zakaki suburb of Limassol, the second largest city in Cyprus.
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