The Ellinikon

The Ellinikon

About The Ellinikon

The Ellinikon is a multi-dimensional development gaining presence on the Athenian Riviera.

Adjacent to central Athens, the nearby Piraeus Port and the International Airport, The Ellinikon is unique in Europe for its location, its size — three times larger than Monaco — as well as its scale and ambition.

The Ellinikon will set new benchmarks for the future of Mediterranean coastal development — for integrated, sustainable living; for iconic placemaking; for smart-infrastructure; and for its broad base of business potential, from tourism to innovative commercial properties to ground-breaking destination retail.

A collection of several communities will be home to thousands, supported by essential services available to all – such as education and healthcare.

All drawn together by The Ellinikon Park — one of the largest coastal public parks in the world and a showcase for Greek heritage and biodiversity.

Highlights & benefits

  • Metropolitan Park

  • Public Beach

  • Marina

  • Branded Residences

  • Coastal Residences

  • Park Residences

  • Health & Medical Facilities

  • Private & Higher Education

  • Sports Facilities

  • Sports Academies

  • Culture Venues

  • Hospitality & Hotels

  • Retail Destinations & Malls

  • Commercial Offices & Towers

  • Integrated Resort

Driven by world-class partnerships and led by LAMDA Development SA, The Ellinikon represents the largest privately funded investment in Greek history.

LAMDA specializes in the development, investment and management of properties across Greece. Noted as the undisputed leader in the shopping centers sector, LAMDA's portfolio extends to the commercial, residential and entertainment sectors.

LAMDA Development is a member of the Latsis Group.

The Ellinikon leadership

Odisseas Athanasiou

CEO Lamda Development

Odisseas Athanasiou holds the position of the Chief Executive Officer at LAMDA Development S.A. for more than 12 years. He has long experience in senior executive positions in Greece and abroad.

During his 9- year career in the US, he worked for Ernst & Young and Emerson Electric. He has held the positions of CFO Western Europe in Barilla in Paris, CFO at Diageo Hellas, responsible of the Greek and Turkish Hub and CFO of Titan cement. He holds a degree in Economics and Political sciences from the University of Athens and an MBA from the University of Texas in Austin. Mr. Athanasiou is member of the Board of Directors of SEV, SELPE, Alliance for Greece (founding member) and member of the committee of the TEDX Academy Greece.

Dimitris Zontanos

Chief Development Officer, Residential, Hospitality, Sports & Education, Ellinikon Project

Dimitris Zontanos is the Chief Planning and Construction Officer of LAMDA Development for the Ellinikon Project.

He started working for LAMDA Development in 2007, as a Development Manager. Prior to working with LAMDA, he was employed at the Piraeus Bank, CBRE, as well as Cushman & Wakefield. Mr. Zontanos is also a member
(MRICS) of the Royal Institution of Chartered Surveyors. He holds a Bachelor’s degree in Land Economy in Urban Surveying from the University of Aberdeen, Scotland, United Kingdom and also holds an MBA title from the same University.

Μelina Paizi

Chief Development Officer, Malls, Offices, Metropolitan Park, Leisure, Ellinikon Project

Melina Paizi is the Chief Development Officer, Malls, Offices, Metropolitan Park, Leisure, of LAMDA Development for The Ellinikon.

She brings experience of more than 20 years in positions of General Management, Retail and Marketing at various multinational corporations, in Greece and abroad, including the ΜcArthurGlen Group, The Coca-Cola Company, Τoyota and L’Oreal. Ms Paizi holds a Bachelor’s degree in Business Administration from Athens University of Economics and Business and an MBA degree from the Bocconi School of Management in Milan, Italy.

Zissimos Danilatos

Chief Development Officer, Residential, Hospitality, Sports & Education, Ellinikon Project

Zisimos Danilatos is the Chief Development Officer, Residential, Hospitality, Sports & Education της LAMDA Development for The Ellinikon.

He started working with LAMDA Development in 2002, as a Development Associate. In the past, he has also worked as a Project Manager for Over Arup & Partners International Ltd in London, UK, as well as for DEPA and Conetal Ltd. He is a Civil Engineer, graduate of the National Technical University of Athens and also holds an MBA degree from City University Business School in the UK.

Our design & development partners

Directions & Visitor Information

Our goal is to promote public transport as the primary way to get to and from The Ellinikon – by metro, bus, tram or bicycle. Together we will reduce traffic congestion and pollution.

The Ellinikon will be easily accessible and linked to Athens via its many transport connections:

(Times via the road network)

Questions & Answers

1. When can I visit The Ellinikon ?

Most of the phase 1 developments will be completed and open to public visit by the end of 2025.

However, in early 2022 we plan to welcome the public to visit The Ellinikon for recreation and entertainment in a new space that will be announced soon.

2. Where is The Ellinikon located ?

The Ellinikon is located in the south part of the city of Athens - Europe’s oldest capital
and home to the world’s first known democracy.

Situated in a Greek landscape by the Mediterranean coast and surrounded by metropolitan Athens, The Ellinikon is utterly unique in terms of position, scale and potential.

It is located for maximum connectivity to central Athens, Piraeus Port and the international airport.

3. Will The Ellinikon be accessible to all ?

The Ellinikon will be open and easily accessible to all. Easy access and the warm hospitality of people of every ability is a primary focus. At no cost, everyone will be able to visit the Metropolitan Park, the new beach, the marina and enjoy the site's 50 km of walking and biking paths.

4. What is the timeline for The Ellinikon completion ?

The project has a planned development timespan of 25 years; this will be completed in several phases. In the first 5-year phase we will complete 45% of The Ellinikon Park including a network of pathways and open spaces, upgrade of the coastal front including creation of a new public beach, as well as upgrade of the existing marina. Additionally in this initial phase, transportation and operational infrastructure projects will be completed. This will include two new shopping malls and integrated resort, the creation of new sports facilities, the renovation of pre-existing buildings, as well as residential development and hotels.

5. What are the social and economic benefits for Greece ?

The Ellinikon will be significant both nationally and globally. Our goal is for The Ellinikon to emerge as a leading center of economic, environmental and innovative development, an important tourist destination, and Europe's 'go-to' business center. The project will provide an € 8 billion investment in the national economy and is expected to contribute 2.4% to the Greek GDP, and is projected to l contribute over €14 billion in state tax revenues. More than than 75,000 new jobs will be created by The Ellinikon project.

6. How will The Ellinikon make a difference in everyday life ?

At the center of The Ellinikon project is a model urban development with significant areas dedicated to the common good. This will drive multiple benefits from regeneration for all citizens.

The Ellinikon will be a new city with thousands of permanent residents and employees who will come to the area every day.

It will attract new visitors, increasing the tourist traffic in the wider area, and benefiting the local economy as a whole.

At the same time, the creation of The Ellinikon Park offers 2,600,000 sqm of open public areas which will be an enormous benefit to the daily lives of citizens and visitors alike — a place to have fun, play sports and attend various events and exhibitions; a new cradle of culture.

7. How will The Ellinikon be integrated into the urban fabric of Athens?

The project is based on a new, internationally-recognized model of urban development based on large areas that are free for public use. In The Ellinikon Park, common green areas will be open to all Athenians. Additionally, kindergartens, primary and secondary education institutions, cultural centers and health care facilities will be created — all supporting new standards for higher quality of life.

The project's will also redevelop the Elliniko area, retaining the character of the location, the cultural heritage and upgrading the historic buildings as places of cultural value and interest.

8. What is the estimated environmental footprint of The Ellinikon during and after the project’s first development phase?

The investment in The Ellinikon sets new standards of a project this size for absolute respect of the environment. We seek to act as a global model of a great "green project".

Respect for and protection of the environment inform every part of the project.

This includes an advanced waste management system and alternative ways of saving energy. We will ensure easy access to The Ellinikon by public transit, by bicycle or on foot to avoid traffic congestion and achieve a reduction of pollutants. And, of course, a large part of the area of ​​The Ellinikon will be used for the creation of free green and recreational spaces.

During the building phases, we have provided a plan for the management and disposal of materials from demolition and construction work. Also, our design includes all the necessary measures so construction is carried out as smoothly as possible and limited nuisance in the surrounding areas.

9. What will make The Ellinikon a ‘Smart City’?

The Ellinikon will be a model of urban regeneration with the integration of the most advanced technologies.

This will include smart infrastructure of irrigation systems, smart water management, smart lighting, modern connectivity to those who will visit it, and even smart buildings equipped with the most innovative infrastructure that ensure ergonomics and comfort.

At the same time, we will integrate smart mobility capabilities and infrastructures with intelligent traffic and transport management systems.

Intelligent energy resource management systems to ensure sustainable energy consumption. And intelligent waste management systems will optimize waste- and waste-sorting efficiency with an emphasis on recycling and reuse of materials.

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