{"id":20,"date":"2023-10-10T22:26:59","date_gmt":"2023-10-10T20:26:59","guid":{"rendered":"http:\/\/olympia-comercial.ddns.net:81\/olympia-commercial\/?page_id=20"},"modified":"2024-12-19T12:47:26","modified_gmt":"2024-12-19T11:47:26","slug":"history-of-olympia-commercial-centre","status":"publish","type":"page","link":"https:\/\/olympia-comercial.ddns.net\/occ\/history-of-olympia-commercial-centre\/","title":{"rendered":"History of Olympia Commercial Centre"},"content":{"rendered":"[vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” bg_color=”#000000″ scene_position=”center” top_padding=”10%” constrain_group_1=”yes” bottom_padding=”10%” text_color=”light” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=”” gradient_type=”default”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_responsive_text inherited_font_style=”default” text_color=”#ffffff” text_direction=”default”]\n

History of Olympia Commercial Centre<\/h1>\n[\/nectar_responsive_text][divider line_type=”No Line”][\/vc_column][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][tabbed_section style=”vertical_scrolling” tab_color=”Accent-Color” vs_navigation_func=”active_link_only” vs_navigation_width=”regular” vs_tab_spacing=”10%” vs_tab_tag=”h2″ vs_cta_style=”see-through” vs_cta_bg_color=”default” vs_cta_heading_tag=”h6″ vs_sticky_aspect=”default”][tab icon_family=”none” title=”Olympia Commercial Centre is built and opens it\u2019s doors” id=”1586451527673-0″ tab_id=”1586451527675-4″ sub_desc=”1994″][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][image_with_animation image_url=”841″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-3-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”top-bottom” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” enable_animation=”true” animation=”fade-in-from-bottom” animation_easing=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”.vc_custom_1734373127148{padding-right: 10% !important;}” text_direction=”default”]In 1994 Olympia Commercial Centre is opened as Woolwoorth Olympia and is part of several Woolwoorth department stores opened across Cyprus. They are considered more luxurious than their UK counterpart.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”Woolwoorth Olympia is renamed Ermes Olympia” id=”1586451527867-5″ tab_id=”1586451527868-3″ sub_desc=”2003″][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-3-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”top-bottom” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” enable_animation=”true” animation=”fade-in-from-bottom” animation_easing=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”.vc_custom_1734373228306{padding-right: 10% !important;}” text_direction=”default”]After a buyout of the Woolwoorth brand, all stores are renamed as Ermes.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”Store renamed to Debenhams Olympia” id=”1586451528012-3″ tab_id=”1586451528013-6″ sub_desc=”2004\/2005″][vc_row_inner column_margin=”none” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][image_with_animation image_url=”1201″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-3-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”top-bottom” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” enable_animation=”true” animation=”fade-in-from-bottom” animation_easing=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”.vc_custom_1734373329162{padding-right: 10% !important;}” text_direction=”default”]As Debenhams UK aquires a stake in the Cyprus operation, all stores are renamed Debenhams.[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=”padding-3-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”top-bottom” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” enable_animation=”true” animation=”fade-in-from-bottom” animation_easing=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid” delay=”100″][vc_column_text css=”.vc_custom_1734373419765{padding-right: 10% !important;}” text_direction=”default”]While operating as Debenhams Olympia the front entrance was remodeled and featured LED-Lighting across the front of the facade making it a very striking landmark at the seafront.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”c7ddfc3b-11b7-3″ title=”Debenhams FoodHall replaced by SPAR” id=”4e439ee6-9c78-4″ sub_desc=”July 2019″][image_with_animation image_url=”1202″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text css=”” text_direction=”default”]In an effort to offer customers a better selection in the supermarket in the department store, Debenhams FoodHall was replaced by SPAR.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”ada8ab24-96e6-4″ title=”Debenhams Olympia renamed ERA Olympia” id=”f2fe7013-1b41-3″ sub_desc=”April 2020″][image_with_animation image_url=”1203″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text css=”” text_direction=”default”]As Debenhams PLC shuts down many stores in the UK and struggles to keep in business, all stores in Cyprus are renamed ERA, including Olympia, which contines operation as ERA Olympia.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”c2d84191-afee-5″ title=”Debenhams Olympia is sold to Bank of Cyprus” id=”e516710e-b217-7″ sub_desc=”Early 2021″][vc_column_text css=”” text_direction=”default”]In an attempt to offset it\u2019s debt, Ermes Group sells Debenhams Olympia to Bank of Cyprus in addition to another department store.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”f5001044-11c3-6″ title=”ERA Olympia closes it\u2019s doors for good” id=”1599e873-4af8-8″ sub_desc=”March \/ April 2021″][vc_column_text css=”” text_direction=”default”]Following the sale of Olympia Commercial Centre to the Bank of Cyprus (REMU Real Estate Management Unit) ERA Olympia was scheduled to close down somewhere in April 2022 as leases would expire.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”49a89311-3ccd-7″ title=”Olympia Pop Up Outlet opens” id=”d15cf0b4-7e64-4″ sub_desc=”April 2022″][image_with_animation image_url=”1204″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text css=”” text_direction=”default”]Olympia Pop Up Outlet was a temporary shop, which only utilized the ground floor of the building. The other floors were inaccesible. Olympia Pop Up Outlet closed down in late 2022 after only being open briefly.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”96198010-c623-8″ title=”Olympia shutters it\u2019s door for the final time” id=”de8eff58-21b1-9″ sub_desc=”2023″][image_with_animation image_url=”936″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text css=”” text_direction=”default”]After 29 years of being open, Olympia Commercial Centre seemingly closed it\u2019s doors for the last time. Ever since the closure of Olympia Pop Up Outlet, there seems to have been no activity at the building, besides taking measures to prevent intruders from trying to enter the building and some periodic maintenance. It\u2018s future is still unknown.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][tab icon_family=”none” tab_id=”fce9fc60-a013-9″ title=”Olympia Commercial Centre still remains closed to the public with it\u2019s future still unkown” id=”782783a6-1531-10″ sub_desc=”2024″][image_with_animation image_url=”1024″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”center” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][vc_column_text css=”” text_direction=”default”]After the closure of Olympia Pop Up Outlet there is still no activity at the building. While there is still power to the building nothing else seems to be happening at the building. Some periodic cleaning of the premises seems to take place. There are no longer people seen in the garage stealing copper wiring from light fixtures and other cables. The front entrance appears to be maintained a bit.[\/vc_column_text][vc_text_separator title=”” i_icon_fontawesome=”fa fa-angle-double-down” i_color=”white” css=”” add_icon=”true”][\/tab][\/tabbed_section][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

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