Stadiou Road, as soon as the primary industrial artery of the middle of Athens, is the road that captures like no different the results of the memorandum disaster and now the efforts to return to the sunshine.
Though the “good” Stadiou, i.e. the a part of the historic highway from the Syntagma to the Kolokotroni – Amerika axis, has managed to flee absolutely the decline, within the part from Klathmonos sq. to Omonia the injuries – older and newer – are nonetheless open.
Main tasks, with most of them already underway and others within the works, aspire to cease the Stadium’s journey into the “twilight zone”.
The banks
Banks that make investments dynamically in actual property with trendy environmental requirements and modern applied sciences have a particular position within the new “face” of the Stadium.
The “coronary heart” of Eurobank has been beating at 2 Omirou Road and 12 Stadiou Road since mid-December. At 4,633 sq.m. of the renovated “inexperienced” constructing reverse the Previous Parliament, now homes the workplaces of the financial institution’s prime administration.
The property, which belonged to Groupama Insurance coverage, was purchased in 2018 by Grivalia – earlier than it was absorbed by Eurobank – for €10 million and after its renovation displays the ESG standards and philosophy of the monetary establishment.
Moreover, on the junction of Stadiou and Kolokotroni streets, the outdated constructing of the Capital Market Fee – the primary concrete constructing in Athens – will even home Eurobank workplaces inside the subsequent three years.
On the similar time, Alpha Financial institution is radically renovating the historic constructing the place its headquarters are situated, at 40 Stadiou Road. The large property, the work of Nikos Valsamakiswas inaugurated as one of the vital trendy workplace areas in Athens in February 1987.
The financial institution will even make the most of the neighboring constructing on the junction of Korai and Stadiou streets, above Kotsovolos.
The Arsakei Arch
An enormous wager for the return of the Stadium to normality is the transformation of the Arsakei Pavilion right into a multi-purpose venue for the promotion of the Greek Mediterranean eating regimen and Greek producers (meals corridor), which is predicted to open its doorways within the fall.
In keeping with the plan, roughly 20-22 meals and catering outlets will probably be accommodated, whereas industrial outlets with a facade on the Stadium will even be created.
Legendary Meals, a tenant firm of the Lodge for 35 years, consists of: Peter Economides, Evangelos Kontzias and Panos Triantafyllopouloswhereas the primary shareholder is the shipbuilding household Housekeeper.
The corporate has leased the 12,000 sq.m. from the full space of 25,000 sq.m., whereas the Council of State and the Karolo Koun Artwork Theater will stay on the property.
On the similar time, the outdated 9-storey workplace constructing situated on the junction of Stadiou and Emmanouil Benaki streets, with a floor space of 5,000 sq.m., will probably be transformed right into a four-star resort with excessive vitality effectivity. Mix Improvement, of Dimitris and Pari Kallitsantsi, is the proprietor and developer of the challenge, through which the EuSIF fund is the biggest investor. OAED amenities have been situated at this level up to now and work has already begun.
“Akron, Ilion, Crystal”
The shipowner has put his personal funding stamp on Stadiou Road George Prokopiou. From the constructing at quantity 26, which up to now housed the historic division retailer “Akron, Ilion, Crystal” and right this moment is leased by IEK Delta, to the distinctive architectural worth Megaro Athinogenous.
The long-lasting former OTE property in Stadiou subsequent to the Previous Parliament constructing has been acquired right here for years by the expatriate businessman Theodoros Douzoglou with the goal of turning it right into a five-star resort, an funding that has not but progressed. The historic constructing was inbuilt 1930 primarily based on the designs of the architect of the interwar interval, Anastasios Metaxas.
On the similar time, the NYX Esperia Palace resort has already made its personal contribution to the renaissance of the Stadium, which opened rather than the previous Esperia, now upgraded to a 5-star resort, with the Israeli group Fattal Resorts as the brand new lessor.
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