If you flew into Athens before 2001, you would have landed at the Ellinikon International Airport, a strip of tarmac bordered by the shimmering Aegean Sea to the west and the brushy hills that form the spine of the Attica Peninsula to the east. More than 20 years after being replaced by the larger, inland Athens International Airport, the former transport hub and surrounding area are undergoing an ambitious redesign that will put the Greek capital on the atlas when it comes to sustainability-focused urban regeneration.
While investors based in Asia tend to look closer to home when buying property—the Greater Bay Area and South East Asia being particularly popular—Greece is increasingly of interest to those looking to expand their real estate portfolio. Developments such as The Ellinikon will contribute to that appeal. This is an €8 billion (US$8.3 billion) redevelopment project encompassing 620 hectares of land—roughly eight times the size of Beijing’s Forbidden City— located in the Elliniko suburb about 10km south of central Athens. What was once barbed wire fences, fuel-contaminated soil and vast swathes of concrete will eventually become a new district for living and leisure. Phase one is due to be finished within five years, with full completion in approximately 20 years. It will be built around a 200-hectare park, boosting Athens’ relatively low percentage of green spaces by European standards and promoting diversity with more than one million plants and 31,000 new trees from 86 different tree species, irrigated using collected rainwater and recycled wastewater. An estimated 85,000 jobs will be created, adding 2.4 per cent to Greece’s gross domestic product.
Bu hikaye Tatler Malaysia dergisinin January 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Tatler Malaysia dergisinin January 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
Tech Talk
Rami Madani of ISKL discusses how AI is impacting education
Boarding Abroad
Elizabeth Marini and Mira Rosa Marini share parentchild perspectives of life at TASIS, the American boarding school in Switzerland that shaped a confident young woman
Gateway to Greatness
Three students share how Garden International School helped them reach their desired Oxbridge institutions
Choose Your Own Ed-venture
There are many noble academic reasons for undertaking a doctorate, but does having a PhD provide any career advantages a master's degree doesn't?
The Human Advantage
Can fresh graduates thrive in an Al-driven world? The future workforce is expected to move away from mundane tasks towards positions that demand critical thinking and interpersonal skills. Here’s what you need to excel in this dynamic era of human-AI collaboration
Join the Green Revolution
Redefine your digital footprint with the Acer Chromebook Vero 514, a revolutionary device that sets the standard for sustainability and performance
Not Your Average Joe
The Chromebook unlocks a seamless computing journey that merges style with functionality
Learning Unlocked
Gamification in education represents a paradigm shift in teaching and learning. By leveraging game-like elements to enhance motivation and engagement, the learning experience is transformed into an interactive and immersive journey
The Power of
What does this mean for our children's education and how can they benefit from it?
AS ABOVE
Dont forget to look up when you stay at these five-star hotels