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Lamda Development Undertakes 100% of Hellinikon Mega Project

Lamda Development has completely taken over the Hellinikon concession that involves an ambitious project expected to bring in multiple benefits for Greece and its citizens.
Posted On 20 Sep 2019
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Greece Racing to Speed Up Procedures for Hellinikon Investment to Begin

The Greek government is aiming for the long-delayed Hellinikon project, an investment of 8 billion euros, to begin this year.
Posted On 25 Jul 2019
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Athens to Party at New Merchants’ Arcade & Theatrou Sq Shops on Dec 22-23

Festive activities, happenings and music events will take place at the new shops in the Merchants’ Arcade in central Athens, during December 22-23.
Posted On 13 Dec 2018
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Hellinikon Project Gets Green Light from Greek Gov’t

The Presidential Decree that paves the way for the development of the multi-million-euro Hellinikon project was signed in Athens.
Posted On 22 Dec 2017
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Photo Source: www.thehellinikon.com
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Minister Says Hellinikon Project Moving Ahead ‘One Step at a Time’

Development of the delayed multi-million-euro Hellinikon project is moving ahead “one step at a time", according to Deputy Economy Minister Stergios Pitsiorlas.
Posted On 20 Nov 2017
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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
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The Hellenikon project, Photo Source: Lamda Development
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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.
Posted On 18 Sep 2017
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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
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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.
Posted On 15 Jun 2017
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Astir Palace CEO Polychronis Griveas Steps Down

Astir Palace Vouliagmenis S.A. has announced that Polychronis Griveas recently stepped down as the company's CEO and has been replaced by Jeffrey Macdonald.
Posted On 15 Jun 2017
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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.
Posted On 18 May 2017
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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.
Posted On 15 May 2017
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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
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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
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Opposition Over Antiquity Report Stumbling Block for Hellenikon Revamp Project

Plans to transform the abandoned Hellenikon airport complex in Glyfada into one of Europe’s largest coastal parks may yet again be put on the back burner after the culture ministry’s archaeological service through a document called for a listing of archaeological sites on the...
Posted On 09 Aug 2016
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Elliniko
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Hellinikon Upgrade Project on its Way to Becoming a Reality

A Memorandum of Understanding (MoU) was signed on Tuesday between the Hellenic Republic Asset Development Fund (TAIPED) and Lamda Development, which amends the existing share sale and purchase agreement of the Hellinikon former airport.
Posted On 07 Jun 2016
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Privatization of Greek Airports, Ports Pick Up Pace?

The privatization of Greece’s airports and docks, a subject of controversy over the past few months, is said to be proceeding full speed ahead.
Posted On 07 May 2015
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Major Works in Greece Hit Roadblock

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park seems to have hit a wall, according to Greek media reports, with the Attica Prefecture appealing the Greek state privatization fund TAIPED decision to ink a deal with...
Posted On 24 Nov 2014
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Next Phase for Hellenikon Upgrade Project

An 8-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park has moved to the next phase after getting approval from the overseeing auditors, Lamda Development said on Tuesday.
Posted On 12 Nov 2014
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Lamda Aims To Turn Former Athens Airport Into A Mega Tourism Destination

Lamda Development aims to turn the Greek capital's former airport in Hellinikon, southern Athens, into a world-class tourism destination that will attract an extra one million tourists per year.
Posted On 24 Jun 2014
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