Lamda has just announced a new 70 million euro deal with Greek real estate investment company Orilina Properties for the Ellinikon project, which will include a private club, luxury apartments with sea views, as well as a food court and an entertainment complex.
One of the most emblematic projects within “The Ellinikon” is the revitalisation of the Coastal Zone, encompassing as key elements the creation of the new freely accessible beachfront and a number of architectural landmarks.
In this context, Orilina Properties announced a new strategic partnership with Lamda Development, where Orilina is acquiring from Lamda two prime land plots next to the marina of Agios Kosmas.
The commercial development will consist of a private club with extensive facilities and state-of-the-art restaurants, as well as a wine and spirits retail store and bar by the marina, which will be accessible to the public and is to offer an impressive range of wines from around the world.
The prime residential development will feature exclusive sea view apartment units, which will be branded and serviced by the club, as the apartment buyers will automatically acquire a life club membership and be able to “indulge, unwind and socialise in the vibrant atmosphere of the club,” according to the press statement.
The development of an estimated budget of €70million will conform to the highest green and energy-efficient standards and will be designed by the prominent global architectural firm Kengo Kuma & Associates, who is also designing the Riviera Galleria constructed by Lamda in the neighbouring area, thus ensuring in this prominent position next to the marina of Agios Kosmas, a unified coastal front of high caliber, and an important addition to the architectural landmarks of the area.
This article was first published here
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*Image courtesy of Lamdadev