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Thursday, November 28, 2024

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€7 billion project to transform Elliniko includes six towers

€7 billion project to transform Elliniko includes six towers

Athens' former airport complex in Glyfada, Elliniko is set to be transformed as part of a €7 billion (A$10.3 billion) project.

According to the Integrated Development Plan, the area marked as A-A1 will see the construction of six 200-metre-tall buildings including a metropolitan park arena, marina residential tower, an office tower, hotel tower, integrated resort tower and a promenade residential tower, reports Greek Travel Pages (GTP).

The site will host a Tourism, Leisure and Business Park that will be divided into a Health and Wellness area and resort, including a 5-star hotel, conference halls and casino with coastal views of Athens and Piraeus.

To improve quality of life for residents, developers have said that plans also include green and recreational spaces, and coupled with the unique design is expected to be the landmark of the area.

Meanwhile there are plans for other tourism facilities to be built along the Agios Kosmas Marina.

To date the project has faced a number of obstacles which has set back the construction date, but once underway is expected to generate 10,000 permanent jobs during the construction phase, and 75,000 ongoing positions once completed.

Source: neoskosmos.com

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