The revitalization of Hellinikon is the biggest projects of its kind in Europe and the most ambitious development project ever undertaken in Greece. The Project has been specifically designed to positively impact the local, regional and national economy, by adding significant new investments, employment opportunities and uses in key areas such as tourism, culture, entrepreneurship, R&D and the environment.
The green factor
The development of the Metropolitan Park, covering an area of 2,000,000 sqm, and the creation of an additional 600,000 sqm of communal green and open spaces along with the upgrade and restoration of the coastal front are the dominant aspects of the project design.
The Hellinikon Project will create a new local metropolitan identity that will leave its mark and have vast implications on a much wider area. The Project will have with a sizeable sphere of influence and positive effects for society, the environment and the national economy.
The revitalization of Hellinikon is one of the biggest real estate development projects of its kind, and provides a unique opportunity to positively impact the Greek economy through high value-add jobs and investments.
The Hellinikon Project provides Athens a tremendous opportunity to solidify its position as an all year-round world-class tourist destination. The development will offer a significant number of new hotel accommodations, landmarks, and thematic tourist attractions and venues.
It is estimated that Hellinikon will attract over one million new tourists to the region, and help to significantly reduce seasonality and increase the average tourist length of stay and spending levels.
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