
The Ellinikon is poised to redefine the Athens Riviera, marking a transformative chapter in Mediterranean urban development.
As one of the largest urban regeneration projects in Europe, this ambitious venture by LAMDA Development spans 6,200,000 square meters on the site of Athens’ former international airport and its adjacent coastal front. Designed by the globally acclaimed firm Foster + Partners, The Ellinikon represents a bold vision for integrated, sustainable living.
A LANDMARK PROJECT WITH GLOBAL AMBITION
Situated just a short drive from central Athens, the Piraeus Port, and the Athens International Airport, The Ellinikon stands out for its unparalleled location and immense scale. The project’s size—three times larger than Monaco—and its innovative approach are set to establish new benchmarks for Mediterranean coastal development. From tourism and commercial properties to groundbreaking destination retail, The Ellinikon promises to unlock extraordinary business potential.
WHAT THE ELLINIKON COMPRISES
The Ellinikon will be a vibrant mixed-use development featuring:
A NEW ERA FOR THE ATHENS RIVIERA
At the western edge of the development, 3.5 kilometers of coastline will be revitalized, blending luxury living with public accessibility. At the heart of The Ellinikon lies a 2,000,000-square-meter park, poised to be one of the largest coastal parks in the world. This vast green space will celebrate Greek heritage and biodiversity, offering residents and visitors a serene oasis amidst the urban landscape.
SUSTAINABILITY AT ITS CORE
The Ellinikon is designed with sustainability as a guiding principle. All buildings within the development will meet the highest environmental standards, with a focus on climate-positive design. By reducing energy consumption, enhancing efficiency, and minimizing its ecological footprint, the project sets a precedent for eco-friendly urban living. The interconnected districts will feature walkable and bikeable pathways, along with widespread electric vehicle charging stations. Additionally, advanced smart city technologies will enhance safety, efficiency, and quality of life.
A FINANCIAL & DEVELOPMENTAL POWERHOUSE
The Ellinikon represents the largest private investment in Greece, with LAMDA Development ensuring financial stability for the project’s seamless progression. The first phase, spanning from 2021 to 2026, is fully funded through a combination of share capital increases, retail bonds, and syndicated bank loans. LAMDA Development’s strategic financial planning has already raised over €2 billion, reflecting robust investor confidence and strong demand for the residential and commercial spaces within the project.
A VISIONARY ECOSYSTEM
Encompassing several distinct communities, each with its own unique character, The Ellinikon will create a self-sustaining ecosystem. The integration of smart infrastructure, cutting-edge technologies, and sustainable practices ensures that this development will serve as a model for future urban regeneration projects worldwide.
PHOTO CREDITS: COURTESY OF THE ELLINIKON & LAMDA DEVELOPMENTS
FOR MORE INFO TAP HERE
Sign up for exclusive content, updates & special offers from our Members!