Lamda Development on Monday announced that the first park at the massive coastal Helleniko site, billed as one of the biggest real estate projects in Europe, has been completed ahead of time.
The seven-hectare greenspace, dubbed the “Experience Park”, comes six months after a long-term concession contract between the Greek state and ATHEX-listed Lamda was finally concluded – more than 20 years since the former Athens airport and various other related facilities operated at the site.
According to Lamda, the park was delivered ahead of time, and marks the first commons in its “The Ellinikon” property, as it has dubbed the massive property development, an iconic privatization that it values at upwards of seven billion euros.
The entire 700-hectare site will host at least a couple shopping malls, a “big box” retail park, up to six high-rise towers, a new marina, a luxury residence row, entertainment venues, and the prospect of an integrated casino resort, all amid what the developer also promises to be the largest expanse of purpose-built greenspace in the congested greater Athens area.
The “draw” for the new park, according to the property developer, is a multiple fountain field next to three small former military hangars – which Greece’s culture ministry had previously, and controversially, declared as modern structural monuments.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
U.S.-Russia Talks to Advance, U.S.-Ukraine Near Mineral Deal
U.S. and Russia plan second round of talks despite Ukraine objections; Trump-Putin meeting under consideration
Mitsotakis: Police to Patrol Athens Public Transit for Safety Upgrade
"130 police officers, either in uniform or in plain clothes, are on the suburban train and buses of West Athens"
Storm Coral Brings Polar Chill to Greece – Which Areas Will See Snow?
The icy conditions are expected to persist until Monday, with even colder weather anticipated in the coming hours
Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.
Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
