This place will become a growth hive with over 80,000 jobs – different

“This project symbolizes Greece as we envision it,” the prime minister said, giving the “present” to the official first of the works at Elliniko – The first demolition will take place in five buildings.

Kyriakos Mitsotakis announced the official start of the works in the big project of Elliniko.

According to the Prime Minister, Elliniko “will become the largest coastal park in the Mediterranean”, adding that “this place will become a hive of development” while emphasizing that “it will be a modern ecological environment friendly project and will symbolize modern Greece like everyone else.” we envision it. “

Its CEO Lamda Development, Odysseas Athanassiou, He thanked the Prime Minister and made special reference to his associates who believed in this work of inspiration when a large portion of the world did not. He also announced that in the coming months it will be demolished in 1/3 of the buildings, which in total exceeds 900. This means that the infrastructure works will begin in the first half of the year, with the creation of one of the largest coastal parks in the world.

“We are making a start today, but we have a long way to go. It may take up to a decade. But every journey begins with a first step. That’s what we’re doing today. “Today we are drawing a line with yesterday and we are starting a more promising future,” he said.

“A perception of inaction has clashed and a perception that perceives modern development through the osmosis of the private sector, with the public, and ensures that this space will be accessible to all.”

“In its full operation, Elliniko will create more than 80,000 jobs, 10,000 jobs will be created only during the construction phase,” the prime minister added.

The first demolition starts from five buildings which have been determined by a ministerial decision of the Minister of Development, Mr. Adonis Georgiadis. It is essentially a complex of connected buildings right next to the facilities of the former western airports as shown in the official topographic diagrams.

Demolition, as defined in the decision, can be done until October 31 at the expense of the buyer’s finances, ie Lamda Development, or his guarantor. The demolition work has been undertaken by the INTRACT.

The first phase of the investment is expected to last 3.5 to 5 years. During this time, the site will be cleaned and hundreds of buildings will be demolished. A total of 970 buildings will be demolished.

Casinos, hotels and the Mall will also be built. Then there will be work related to the renovation of the coastal front with the creation of two marinas, the construction of houses and 30% of the metropolitan park.

As far as the casino license is concerned, the contractor, as everything shows, will be the consortium of MoheganGEK TERNA, will proceed with an investment of 1 billion euros for the construction of a casino, a five-star hotel, a conference center and an indoor gym. GEK TERNA has already taken care a few days ago in a new bond issue to raise 500 million euros with an interest rate of 2.75%, which it will use to build the project.

In total The investment in Elliniko is expected to reach 8 billion euros. About 12,000 people will work in its construction phase and about 70,000 in the development phase.

Investment in Elliniko: Mayors are optimistic – “The beginning for better days”

The mayors of the municipalities of Elliniko – Argyroupoli, Glyfada and Alimou spoke to Mega about the start of work on the investment in Elliniko and expressed their optimism for the future. Mayor of Glyfada: The beginning for better places

Initially, the mayor of Glyfada, George Papanikolaou, stressed that everyone had been waiting for years for this day. “We feel that this is the beginning of better days afterwards,” Papanikolaou said, adding that the common goal of all is the overall development of the Athenian Riviera.

“It is a period of great intervention that follows, with many construction sites in the wider area,” he added.

Mayor of Elliniko-Argyroupolis: We will have a new city in our city

For his part, the mayor of Elliniko – Argyroupolis, Giannis Konstantatos, described today as historic for the municipality, on the ground of which is 90% of the investment.

“After 80 years, the city of Elliniko is being reunited,” said Mr. Konstantatos, noting that the municipality of Elliniko – Argyroupolis will have 25,000 more residents after the completion of the works. “We will have a new city within our city,” he added.

At the same time, he stressed the importance of the green lung that will be created in the area with the park of 2,500 acres.

Mayor of Alimos for Elliniko: We have a long way to go, but he is creative

Finally, the mayor of Alimos, Andreas Kondylis noted that the investment is finally starting, “we have a long way to go, but it is creative full of expectations”, while emphasizing that it is time for everyone to take responsibility, so that municipalities give added value to investment and overall in the area.

He stressed that the jobs that will be created, the income in the municipalities, but also the partnerships that could be realized with the cooperation of the municipalities and the investor will be quite important.