The Ellinikon: A Vision of Urban Transformation
The Ellinikon project is well underway, evolving into Europe's most ambitious urban regeneration initiative. With construction progressing across more than 40 sites and thousands of workers involved, LAMDA Development is reaching significant milestones at this transformative development on the Athenian Riviera.
New Beginnings: Partnerships for Progress
In an exciting development, LAMDA Development has partnered with ION Group to create a state-of-the-art R&D Innovation Campus. This initiative aims to host around 2,000 professionals from diverse backgrounds, establishing a global hub for research and innovation. The partnership focuses on creating a collaborative environment that fosters technological advancement and economic growth.
Innovation at Its Core
The new campus will encompass approximately 250,000 sqm, offering modern office spaces, a 1,000-seat auditorium for international events, and housing for employees. This venture not only enhances the local economy but positions The Ellinikon as a center for technological innovation in Europe.
Academic Excellence: A New University Campus
In a move that underscores the project's commitment to education and innovation, the University of Nicosia will open its first campus in Greece at The Ellinikon. This integrated university facility will span 75,000 sqm, supporting academics and research while incorporating cutting-edge technology.
Future Growth Phases
The phases of the university's construction are expected to complete by 2028 and 2031, respectively, paving the way for a thriving educational environment synonymous with innovation and growth.
Residential Developments: Elevating Living Standards
The residential sector within The Ellinikon is rapidly evolving, highlighted by the construction of the Riviera Tower, which, reaching 30 floors, will become Greece's tallest residential skyscraper at 200 meters. The tower will include 173 luxurious residences, offering an unparalleled living experience in the Mediterranean.
Introducing Skyline Havens
Additionally, the project has unveiled Skyline Havens, a collection of 150 refined residences located in the East Village neighborhood. Featuring dramatic sea views and outstanding amenities, this development aims to provide a perfect balance between luxury living and nature.
Revitalizing Retail: The Galleria and The Mall
The Ellinikon is also set to revolutionize retail with the forthcoming Riviera Galleria, designed by renowned architect Kengo Kuma. This luxury shopping destination will combine elegant design with a rich selection of premium brands and dining options. Construction is advancing steadily, with 78% of the space allocated to tenants.
The Ellinikon Mall
Alongside the Galleria, The Ellinikon Mall is on track to become Greece's largest retail destination. With a hybrid design that fuses indoor and outdoor experiences, shoppers can expect an innovative space where sustainability meets shopping.
Sports and Recreation: The Future of Fitness
A pivotal component of civic life is the upcoming 287,000 sqm Sports Park, featuring facilities designed for all ages. Expected to open by mid-2026, this recreational hub will cater to various sports, promoting an active lifestyle for the entire community.
A New Ecological Landmark
The addition of a 14,600 sqm lake within The Ellinikon Park is set to become a striking ecological feature. This transformation includes a lush landscape of native plants, supporting local biodiversity and enhancing the area’s natural beauty.
For more information, please visit The Ellinikon website.
Frequently Asked Questions
What is The Ellinikon?
The Ellinikon is a large-scale urban regeneration project in Athens, focusing on residential, commercial, and recreational spaces.
What partnerships have been formed within The Ellinikon project?
LAMDA Development has partnered with ION Group to establish an R&D Innovation Campus that will host thousands of professionals.
When will the new University of Nicosia campus open?
The campus is set for completion in two phases between 2028 and 2031.
What makes the Riviera Tower special?
The Riviera Tower will be Greece’s tallest residential building, offering luxurious living spaces and remarkable views.
How will The Ellinikon impact local recreation?
The project will include a major Sports Park to promote fitness and wellness among residents of all ages.
