DEVELOPMENT OF HELLINIKON

Transcription

1 DEVELOPMENT OF HELLINIKON THE FORMER ATHENS AIRPORT AND THE COAST OF AGIOS KOSMAS HELLINIKON SA Prof. Spiro N. Pollalis - Hellinikon SA, Chairman and CEO - pollalis@hellinikon.com

2 Hellinikon : Urban development meets national growth Hellinikon the meeting point of Europe and Middle East A multi-purpose destination: Business, commerce, sports, leisure tourism and luxurious residences

3 A unique urban development enhancing the attractiveness of the Athens area

4 Hellinikon is a development project for regenerating the economy Hellinikon should not be a project imposed by the memorandum Hellinikon Former Airport Agios Kosmas Coast

5 An area of 6,200,000sqm, with 3,5km coastline and a proposed metropolitan park of 2,000,000 sqm Central Park, N.Y. 54% of Hellinikon Monaco 33% of Hellinikon

6 Administration of the site PUBLIC SECTOR 29 PRIVATE SECTOR

7 Towards a business plan based on a master plan parking hotel mixed use tram depot residence health parking commerce hotel lake sports residence culture residence park sports culture educationresearch residence convention center residence mixed use park parking hotel seafront park Business center landmark hotel commerce aquarium education parking Hasani is the toponym that the central area of the former airport site had, during the long of Turkish Occupation. Etymologically, the term Hasani has the meaning of Rough and Anomalous Land and this is indicative of the geomorphologic character of the area before the establishment of the Airport*. It was a barren and rocky land that was crossed by many streams. *source: research program Development of the Area of the former Airport Site

8 The business plan

9 A contemporary, sustainable development

10 A mixed use development integrated with the surrounding communities, with an accessible safe metropolitan park ensures a sustainable development Climate change Quality of life Natural World Resource Allocation 40% Parks 5% Tourism 5% Business 4% Education R & D 4% Culture 2% Commerce 20% Residence 20% Circulation infra

11 A balanced sustainable development Climate change Quality of life Natural World Resource Allocation 12% PUBLIC OPEN SPACES 12% Planted Open Areas 18% 45% PRIVATE OPEN SPACES BUILDING COVERAGE AREA MAIN AXES ROADS 18% 55% Paved Open Areas Buildings Coverage 25% 15% Roads Extended planted areas correspond to over 55% of the site

12 A dynamic environment visitors per year * permanent jobs ** residents *** Estimations were made considering : * Full capacity of the Aquarium, Saarinen complex, Guggenheim Museum, Aviation Museum & Open theatre ** Full employee capacity in business centres, in research & education *** The number of households of eco-blocks and single houses

13 1 st phase The construction of 650,000 m2 of park and public benefit infrastructure, welcomed by neighboring communities. Cost: TOTAL DEVELOPMENT AREA 1,300,000m2 : - 650,000 m2 PARK - Outdoor & indoor sport facilities - Reuse of existing canoekayak slalom - Reuse air force hangars - Cemetery - Innovation center in the Former East Terminal designed by Eero Saarinen - Area for future use of Waste management

14 1 st PPP phase the development of the marina, a 5-star urban resort, health facilities, commercial and residential units TOTAL DEVELOPMENT AREA m2 : - Construction of 5 start hotel unit - Construction of health center - Construction of residential units - Construction of commercial spaces - Construction of office spaces - Reconstruction of marina and coastal front 5 STAR HOTEL

15 2 nd PPP phase the development continues TOTAL DEVELOPMENT AREA 1,500,000 m2 : - 300,000 m2 PARK - Construction of research center - Construction of residential units - Construction of high-rise building

16 Phases of Infrastructure Upon starting the project creates more than 500 new jobs 1 ST PHASE TOTAL INFRASTRUCTURE AND ROADS COST * ESTIMATE : m. 1 ST PPP PHASE TOTAL INFRASTRUCTURE AND ROADS COST * ESTIMATE : m. 2 nd PPP PHASE TOTAL INFRASTRUCTUREAND ROADS COST * ESTIMATE : m. DEVELOPMENT COST 100 m. DEVELOPMENT COST 900 m. DEVELOPMENT COST 1,400 m. * Infrastructures include : Water supply network, Power supply network, Drainage & sewage network, gas,irrigation, communication network, street lighting, Park, infrastructure earthworks, waste-water treatment plant, waste management plant, power distribution center Roads include : New Poseidonos Ave, Main Axes, Local Roads, Pedestrian Network, Re-construction Runways VAT is included Contractors' revenue as well as unpredicted expenses are not included Due to ecoblocks large built up area, the estimated construction timeframe and the number of workers are per building The estimated revenues have been based on a 100% sale scenario The cemetery does not include buildings

17 The former Hellinikon Airport area and Agios Kosmas coast constitutes a unique site and an excellent opportunity for a multi development project to ignite the economy We can do it!