At the moment there is not a single square, practical, unsold in Greek of the first phase, said the Minister of Development and Investments Adonis Georgiadis during his visit to the construction site of the investment in Elliniko together with Deputy Minister Nikos Papathanasis. Also present were the deputies of the South Sector of Athens: the Deputy Minister of Migration and Asylum Sofia Voultepsi, Haris Theoharis, Anna Karamanlis, Konstantinos Kyranakis, Babis Papadimitriou, Vassilis Spanakis, Dionysis Hatzidakis and Dimitris Vagenas who were guided by the Lamda Development company to the projects are under construction.

Initially, the group of ministers and parliamentarians visited the building for the disabled, which is the first building of the redevelopment and is expected to be handed over at the beginning of autumn. Its cost is estimated at around 12,000,000 euros and is covered by Lamda. In his statements, Mr. Georgiadis stated that 10,000 sq.m. are already almost ready and the building will be handed over to the Associations of the Disabled in two months. “Four different Associations were housed in four small container-like buildings. These have been demolished and they are all coming for free and moving into this amazing building, which has all the legal requirements for these people to be able to live and be treated with dignity.” 4 Disabled Associations will be installed in the building. It includes swimming pools, physiotherapists, while overnight stays are available.

Papathanasis

With reference to the undergrounding of Poseidon Avenue, 1.5 km long, it was pointed out that the project is being attempted 30-35 machines and 110 people. More than 50% has been completed and 20% of the carrier has been concreted, i.e. 25,000 cubic meters of concrete out of the total of 125,000. The project is constructed using the “cut and cover” method, i.e. excavation and backfilling afterwards, with reinforced concrete and special insulation to avoid settling. The 5.6-6 meter high tunnel is designed to the highest standards. The project will be completed by early 2025 in its entirety, while traffic will not need to be disrupted as a wide bypass will be in place.”

Papathanasis

Finally, the ministers and MPs visited the coastal front where the Riviera Galleria shopping center, the first skyscraper Riviera Tower and two hotels will be installed, while the Agios Kosmos marina will be upgraded with the ability to dock 310 boats, as well as host super yachts. Mr. Georgiadis stated: “The skyscraper that will rise over here will have a view all the way to the sea. Now the foundation is made. All the apartments have been sold except the penthouses, if I remember correctly, only those have not been sold. Everything else has been sold. In order not to create false impressions to the public, at the moment there is not a single square meter, practically, unsold in Hellinikon of the first phase.

Georgiadis

What you read in the last few days, as you see with your own eyes, they are all Halima’s fairy tales. The project is progressing normally. The important thing is that it is on schedule. The master plan of the project predicted and predicts that the first phase of the project will be delivered by December 31, 2025. Until December 31, 2025 here you will be able to see the various projects. It does not end the project in December 2025, as it has three phases and many years of development ahead. This is his prediction, this is his contract, this is his rhythm. You can’t build an 8.5 billion euro project in a few months. But we are on schedule. Despite the crisis, despite the rise in materials and prices, the demand in Elliniko has not decreased at all, both Greeks and foreigners have come and the projects are all progressing at a very high speed. Everything is a work in progress, there is no part that is not currently moving forward.”

Greek

Greek