Could a ghost city be turned into a eco-city?

Found this to be an interesting story about a ghost city by the name of Varosha and would like to share with you…

Inside a crumbling ghost town in Cyprus

As a town planner I would be very excited to be involved with a project like this.  If anyone who does end up working on this project and reads my blog I would love to hear from you as there appears to be many obstacles to cross.  Would also be interested in whether it goes further than just being a theoretical exercise.