
The start of construction work for the highest coastal “green” skyscraper in the Mediterranean, in the area of the Agios Kosmas marina as part of the urban renewal in Ellinikon, is just around the corner, following the announcement by Lamda Development of the issuance of Riviera Tower ‘s building permit for which more than 1,900 blueprints and the cooperation of dozens of ministries, authorities, chambers and organizations were required.
Indicative of the particularly increased interest in the construction of the Tower, which will be 200 meters high, is the fact that for the 180 apartments of the Riviera Tower, which will have 50 floors, customer advances have already been deposited for approximately three quarters of the sold area. The estimated total revenue during the first phase with the completion of the respective sales, for all the apartments of the Riviera Tower amounts to approximately 600 million euros.
Read also – Lamda Development: Riviera Tower building permit issued
The main features of the skyscraper – Aesthetically Doric with green and aquatic elements
The main feature of the design approach, as has been announced, is the creation of an aesthetically austere building, in complete harmony with the sea and the special characteristics of the Mediterranean landscape.
Read also: Tender for Attica beach front remodeling in the final stretch
The significant presence of the green and the aquatic element will be highlighted, thus adding to the bioclimatic character of the building.
All residences will be airy and offer unobstructed panoramic views. Each apartment, as revealed during the presentation of the skyscraper, has the most modern quality features, in terms of spaces, amenities and comforts, excellent environment friendly construction materials, as well as all the specifications of a smart building.
In five years’ time, when construction is completed, it will be one of the greenest skyscrapers in the world and a model of sustainable design, incorporating the best environmental practices and the most modern international safety protocols.
Architectural design
The architectural design is by the international architectural office of “Foster+Partners” in collaboration with the “Alexandros N. Tombazis and Associates”.
Accordingly, the static and electromechanical studies have been prepared by Buro Happold based in London, with the assistance of local partners, “DETA CONSULTING ENGINEERS” for the statics and “TEKEM S.A.” for electromechanical designs. The design of the surrounding area has been prepared by the company “DOXIADIS PLUS”.
Project consultants – A joint venture of Bouygues Batiment International and Intrakat
More than 80 skyscrapers worldwide, in cities in the USA, the United Kingdom, Hong Kong and other countries, have been built by Bouygues Batiment International, a member of the consortium Bouygues Batiment International and Intrakat, which after a relevant tender by Lamda Development has undertaken the role of consultant providing pre-construction services in the form of Early Contractor Involvement (ECI) for the construction of the Riviera Tower Residential Tower.
The consulting services provided concern the design, planning, supply chain and management of the construction phase of the project.
Lamda CEO: The central axes are “green” and respect for the quality of life
As stated by Lamda Development CEO, Odysseas Athanasiou, the Riviera Tower aspires to be “a unique building by Greek and global standards, an architectural landmark, which will be a hallmark of the overall regeneration, having green as its central axis, respect for the environment, quality of life”.


Latest News

Greek Government Reissues 10-Year Bond Auction for €200 Million
The amount to be auctioned will be up to 200 million euros, and the settlement date is set for Friday, April 25, 2025 (T+5)

Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy

EU Praises Greece’s RRF Progress as Revised Recovery Plan Nears Completion
Athens is preparing to submit its revised “Greece 2.0” Recovery and Resilience Plan after Easter, with a slight delay from the initial timeline but with the European Commission’s approval.

Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.

German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.

Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.

Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.

Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.

FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.

Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.