Revitalizing Old Industrial Properties in Athens
Major investment projects are currently underway to transform the old industrial properties located on Pireos Street and Elaionas in Athens. These areas are set to be redeveloped into modern residential, commercial, and cultural spaces, bringing a new lease of life to the surrounding neighborhoods.
Expected Investments
It is anticipated that a total of over 400 million euros will be invested in these projects by the end of the decade. This significant financial commitment demonstrates the confidence that investors have in the potential of these areas to become thriving hubs in the city.
Transformation at 252 Pireos Street
One of the key developments is taking place at 252 Pireos Street, where Noval Property is leading the transformation of the old Halcor factory into a mixed-use complex. With an investment of around €170 million, this project is set to become a landmark in the area, offering a blend of residential, commercial, and cultural amenities.
