Cosmas

Lamda Development on Monday announced the signing of two strategic cooperation agreements with TEMES SA for the joint development of two state-of-the-art, luxury 5-star hotels and the corresponding branded residences on the coastal front of Elliniko, in southern Athens, with a construction completion horizon of these developments at the end of 2026. 

The operating license of the Casino Company (EKAZ) for a wide range of activities in the Metropolitan Pole of Ellinikon - Agios Kosmas and the construction of a hotel, conference and exhibition center and a gathering place for sports or cultural events was signed today, June 8, 2022, by the Minister of Finance Christos Staikouras, as a representative of the Greek State, and the Athens IRC Conce

The new ministerial decision on the development of the former Athens airport plot at Elliniko paints an impressive picture of the coastal zone in the area, dominated by the Agios Kosmas Marina, the aquarium to be created inside the sea, and the new pleasure craft shelter.

Market experts have identified significant discrepancies between the concession agreement for the Elliniko plot and the terms the Culture Ministry approved in the Integrated Development Plan and the Strategic Study of Environmental Effects for the project at the old airport in southern Athens.