On Tuesday, 23 November 2021, a contract was signed with Astrobank for a loan of 2.5 million euros, for the purchase by the Municipality of Geroskipou of the plot of the old silk factory / former Paphos KEN.

Plot no. 674, with a total area of 26,757 sq.m., lies just 300 m north of the Square. It is the only open space of comparable size remaining within the urban fabric of Geroskipou. It represents a vital reserve for the town, and the aim is to develop it appropriately following studies and dialogue with residents.