LAMDA Development Launches Little Athens, the Newest Neighborhood at The Ellinikon

Bjarke Ingels Group-designed Park Rise residences will be the centerpiece of the community filled with modern homes, greenspace, retail, office, and hospitality

ATHENS, Oct. 23, 2023 /PRNewswire/ -- LAMDA Development is pleased to announce Little Athens, the latest residential neighborhood of The Ellinikon, Europe's largest urban regeneration project and a smart city being built from the ground up in Athens. Amid significant sales velocity across The Ellinikon's residential offerings, Little Athens will bring approximately 1,115 new residences to the sales market in its first phase. Created within the sustainable, smart urban ecosystem of The Ellinikon, Little Athens represents a brand-new residential approach for Athens, embodied in the neighborhood's first 50-meter-tall residential building, Park Rise, designed by acclaimed architecture firm Bjarke Ingels Group (BIG).

The Ellinikon is a 6.2 million-sq.m., sustainable, master-planned smart city on the grounds of Athens' old international airport, the project sets a new global standard for resilient urban design, smart living, and ESG-aligned investment growth opportunities, nearly doubling the amount of green space in the Athens area and bringing significant economic development. The Ellinikon will deliver residential, commercial, leisure, retail, dining, entertainment, education, and athletics offerings making this Europe's most innovative and exciting destination for locals and international visitors alike.

Located near the northwestern coastline of The Ellinikon, Little Athens is a new and vibrant neighborhood that brings modern living, while embracing local materials and the open spirit of Athenian living through designs by Greek and international architecture firms. It will provide all the benefits of The Ellinikon, including the park, a short walk to the beach, a growing 24/7 community, and comfortable smart residences. Set in mixed-use buildings supporting retail, office, hospitality, wellness, sports, and dining, the residences at Little Athens connect via shaded pathways and offer direct access to everything The Ellinikon has to offer within 15 minutes.

"The Ellinikon is intrinsically rooted in Athenian history and our singular culture," said Odisseas Athanasiou, CEO, LAMDA Development. "Little Athens is an exemplar of this, influenced by local traditions of community, coastal living, and innovation. The Ellinikon overall has seen unprecedented demand from both Greek and international buyers, and Little Athens will continue to offer a lifestyle and investment opportunity as unique as Athens itself."

Residences will range from 60-70-sq.m. one-bedroom to five-bedroom apartments spanning more than 300 sq.m. Most buildings, each uniquely designed by prominent Greek firms with deep knowledge of local landscapes, history, and materials, will predominantly reach up to 20 m., while there will be a small selection of unique 50 m.-high buildings overlooking the park and the sea. The spaces will appeal to a diversified and inclusive range of local and international buyers, whether they are seeking a primary home, holiday getaway, or investment.

Bjarke Ingels Group's Park Rise

The Park Rise will stand as the centerpiece of Little Athens. Designed by internationally renowned architectural studio BIG, the development will be home to 88 one- to five-bedroom luxury residences, across five building cores: two will rise to five floors, two will rise to eight floors, and one will rise to 12 floors.

"With Park Rise, we wish to challenge the traditional residential high-rise building and propose a cascade of individual homes each with their private garden, stacked to align with the neighborhood towards the north and growing gradually towards the tower peaks of The Ellinikon Park in the east," said João Albuquerque, Partner, Bjarke Ingels Group. "The building embraces the proximity to the Park while maximizing panoramic views of the Aegean Sea, inviting in the Athenian mountain- and seascapes through generous terraces, framed by vegetation and trees to offer biophilia, privacy and shade." 

The project's curved concave façade creatively reimages the classic Greek column while adding a soft geometry to the aesthetic. This geometric precision features flute patterns on vertical areas and smooth finishes on soffits and flooring to present an elegant interplay of textures, while the exterior facade boasts off-white glass-reinforced concrete with exposed aggregates harkening to the natural landscape. Nestled amidst Greece's breathtaking scenery, Park Rise offers sweeping views of Aegean Sea on one side and the mountains of Attica on the other. Enveloped by the lush beauty of The Ellinikon Park, the design seamlessly pays tribute to Athens' coastal charm.

The homes create a sense of serenity through balanced spatial relationships, sustainable modern minimalism, and panoramic sea, park, and mountain views. Penthouse residents can also enjoy their own private pools. Every unit features premium finishes that recall local culture and climate. Oakwood floors, neutral wall tones, and the extensive use of glass emphasize this sense of comfort and peace. The kitchens continue this natural aesthetic through sintered stone, full-vein porcelain surfaces, and timber parquet floors. The wood aesthetic extends to the master bedroom, including the floors and wood-panel headboard. Bathrooms are stylish and functional, featuring large-scale ceramic tiles or natural stone and brushed bronze or brushed black chrome fixtures.

Residents-only amenities include state-of-the-art fitness facilities, including a 20-m. indoor swimming pool surrounded by elegant stone lit by indirect natural light. On the ground floor, residents have access to private gardens for reflection and relaxation.

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theellinikon.com.gr/en/home/

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