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Lamda Says Hellinikon ‘Cannot Be Materialized’ Due to Double Talk

Hellinikon Global, the managing investor of the Hellinikon project, said that the investment cannot proceed due to continuous set backs and political double speak.

One Prerequisite Down Nine to Go for Hellinikon Project to Move Ahead

Of the 10 conditions for the Hellinikon project to move ahead only one has been met, while investors say it will take a decade to clear outstanding issues.

Plans for Skyscrapers at Hellinikon Raising Concerns

The Hellinikon project is facing a new obstacle as the Central Archaeological Council (KAS) must now decide on whether or not to allow the construction of six high-rise buildings.

Thirty Hectares at Hellinikon Former Airport Declared as Archaeological Site

The Greek Central Archaeological Council has decided that some 30 hectares of the 620-hectare plot at Hellinikon will be classified as an archaeological site.
Posted On 04 Oct 2017

Forestry Dept, Archaeology Council Still Keeping Hellinikon Project on Hold

Set to bring billions of euros into state coffers and create over 70,000 jobs, the Hellinikon project along the up-and-coming Athenian Riviera is still on hold.

Fraport: Airport Upgrade Projects in Greece Proceeding as Scheduled

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.

Hellenikon Project Turning into Pipe Dream Amid Approval Games

The multi-billion-euro Hellenikon land project on the Athenian Riviera has received the green light from the Central Council for Modern Monuments.

Multi-billion-euro Hellenikon Investment Dogged by Delays… Again

The highly anticipated Hellenikon project along the Athenian Riviera has run into the scrutiny of Greece’s Central Archaeological Council (KAS).

Athenian Riviera Projects Worth €10bn Pick Up Pace

Already home to some of the country’s finest hotels, recreational and cultural spaces, the Athenian Riviera is set to see impressive growth in the coming years.

Hellinikon Plans to Include Six Towers, Metropolitan Park

A 7-billion-euro project to develop Hellinikon, Athens' former airport, will include the construction of six 200-meter-tall buildings.
Posted On 28 Jul 2017

Lamda Development Submits Master Plan for Hellinikon Mega Project

Lamda Development, the selected investor for the development of Athens' former airport in Hellinikon, has submitted its master plan to Greece’s assets fund.

Lamda Says Ready to Get Hellinikon Works Underway but Still Waiting

Lamda Development is ready to proceed with the next phase of the Hellinikon project to transform Athens’ former airport into a metropolitan park.

A Forest the Latest Hurdle for Greece’s Hellenikon Project

A section of the Hellinikon property, where Lamda Development and Global Investment Group plan to erect a full-service resort, has been declared a forest area.

Fosun to Tap into Chinese Travel Interest in Greece with New Vacation Deals

Fosun International is aiming to tap into the estimated 1.5 million Chinese travelers expected to visit Greece, through new vacation packages.

Caesars Entertainment Considering Athens for Next Project?

Media reports claim that Caesars Entertainment Corporation is interested in building a massive entertainment complex in Hellenikon, south of Athens.

Athenian Riviera Casino Resort Gets Green Light

The Greek Finance Ministry has tabled a draft bill in parliament that gives the green light for a casino to be built in Hellenikon.
Posted On 13 Dec 2016

Hellenikon Project: Casino Resort with Skyscraper First to Go Up?

The first building to be constructed as part of an eight-billion-euro project to develop Hellenikon, Athens’ former airport is said to be a casino resort on the Agios Cosmas marina along the Athenian Riviera.
Posted On 05 Dec 2016

Trump Entertainment Eyeing Greece’s Loutraki Casino

Trump Entertainment Resorts, owned by the 45th president of the United States, Donald Trump, is said to be showing an interest in the Club Hotel Casino Loutraki in Greece, which is up for sale.
Posted On 28 Nov 2016

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).
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