The Ellinikon Unveils 215 New Apartments Across Three Residential Developments at Europe’s Largest Urban Regeneration Project

NEW YORK, NY - Lamda Development is proud to announce 215 new apartments across three new residential developments at Little Athens, the latest residential enclave within The Ellinikon, Europe’s largest urban regeneration project and a smart city being built from the ground up in Athens.

Nestled within the heart of The Ellinikon project, Little Athens emerges as a vibrant testament to modern living, showcasing an array of contemporary residences and apartments meticulously crafted by acclaimed local and international architects. Among them are esteemed firms such as 314 Architecture Studio, Deda & Architects, and Tsolakis Architects, renowned for their deep understanding of the surrounding landscape and expertise in utilizing local materials.

This unique neighborhood, nestled within the vibrant landscape of The Ellinikon Park and offering proximity to Europe’s largest pedestrian avenue and the coastal front, will provide serene and invigorating environments for relaxation, recreation, and fitness, promoting residents' health and wellbeing. Residents will also enjoy direct access to the central green promenade that leads directly to the entrance of The Ellinikon Park whilst The Ellinikon beach and coastal front are just a short walk away.

With a harmonious fusion of innovation and sophistication, the community ensures an exceptional lifestyle for its residents, enriched by the diverse array of amenities and opportunities offered by The Ellinikon. From convenience retail, great shopping and food and beverage destinations to regulated plots with lush landscaping and courtyards, residents enjoy a wealth of options, all centered around its central lush green oasis space.

The latest additions to Little Athens - Promenade Heights, Trinity Gardens, and Atrium Gardens - will deliver architectural brilliance epitomizing Lamda’s commitment to excellence, sustainability and community. Promenade Heights represents a beacon of modern design within Little Athens, boasting nine circular and elliptical buildings elegantly arranged around a central verdant oasis, seamlessly linked to The Ellinikon Park. Crafted by 314 Architecture Studio, these residences exude a contemporary charm, characterized by layers of warm hues, textured walls, and stylish finishes, evoking a sense of contemporary comfort.

Strategically positioned atop a coastal elevation and only 200 metres distance from the coast, Promenade Heights offers 79 apartments, serving as the gateway to The Ellinikon Park, offering breathtaking vistas from its upper floors. Each apartment, ranging from one to four bedrooms, features dual facades and continuous balconies that effortlessly merge indoor and outdoor living. Penthouse units boast private roof gardens and jacuzzies, while ground-floor residences enjoy private garden spaces. Residents will relish the lush communal gardens and views of the sea, mountains, and park. Scheduled for completion in Q4 2026, Promenade Heights also offers secure underground parking and storage facilities, ensuring a seamless and convenient living experience for its discerning residents. Prices start from €470,000.

Trinity Gardens and Atrium Gardens nestle harmoniously in a peaceful location within the Little Athens neighborhood and only 150 metres from the coastal front, enveloped by nature's tranquility and graced with expansive vistas, abundant natural light and views of the sea and park from upper floors. Enjoying their tranquil setting, these residences will become an integral part of the thriving urban community, with an array of amenities including the beach, the sports facilities and the entrance to The Ellinikon Park nearby. Each project is a unique fusion of idyllic retreat and vibrant cosmopolitan living, providing residents with the best of both worlds.

Trinity Gardens comprises three distinct buildings, designed by the Tsolakis Architects. Each is strategically positioned around a triangular courtyard, harnessing natural sea breezes and optimizing light and panoramic vistas. Featuring 80 apartments ranging from one to four bedrooms over up to five storeys, Trinity Gardens’ bright and airy interiors are enhanced by light, generous outside space and breathtaking views. Whether on the top floor with private roof gardens or ground floor residences boasting private gardens, residents will enjoy a seamless flow between indoor and outdoor living. Prices start from €370,000.

Atrium Gardens, designed by Deda & Architects, draw inspiration from its coastal surroundings, with soft edges mimicking the natural forms of waves and pebbles. The curved balconies, adorned in pale tones and wooden screens, envelop the building like a second skin, providing year-round shading and enhancing the connection to the outdoors. Slatted pergolas and glass parapets ensure uninterrupted views, while the timber look elements evoke a sense of groundedness, reflecting the surrounding parkland. With 56 apartments ranging from one to four bedrooms across four buildings up to five storeys, Atrium Gardens offers a sophisticated living experience, complete with penthouse units featuring private roof gardens and jacuzzies, as well as ground-floor residences boasting private gardens. Other features include underground parking and storage facilities, along with views of the sea, mountains, Ellinikon Park, the city, and Mount Hymettus. Prices start from €400,000.

Completion is slated for Q4 2026 for all three exciting residential additions in Little Athens, which complement The Ellinikon, one of the world's largest urban regeneration projects spanning 6.2 million sqm. These additions join the existing residential developments within Little Athens, totaling five distinct new living options. Each development boasts its own unique design and character. Pavilion Terraces, a flagship complex of organic building formations in the Little Athens neighborhood, offers modern living spaces within a vibrant community setting. Meanwhile, Park Rise stands tall as the neighborhood's first 50-metre-tall residential building, designed by acclaimed international architecture firm Bjarke Ingels Group (BIG). Together, these developments epitomize the enriched, and sustainable lifestyle offered by The Ellinikon, providing diverse residential options amidst a backdrop of commercial, retail, and recreational amenities.

About LAMDA Development: LAMDA Development, listed on the Main Market of the Athens Exchange (ATHEX), is a holding company specializing in the development, investment and management of real estate. LAMDA Development Group retains a leading position in the large shopping and entertainment sector in Greece, with investments as well in residential and office space developments primarily in Greece and in Southeastern European countries. The Group investment portfolio includes four shopping and entertainment centers (The Mall Athens, Golden Hall, Designer Outlet Athens and Mediterranean Cosmos in Thessaloniki), office buildings, residential complexes as well as the Marinas in Flisvos, The Ellinikon Marina, and mega - yachts Marina in Corfu. LAMDA Development has undertaken the complete urban regeneration of the Ellinikon-Aghios Kosmas Metropolitan Pole (including the area of the former “Ellinikon” airport and the coastal front), which will be the largest private investment in Greece and one the largest urban regeneration project in Europe. The majority stake in the company is held by the Latsis Group. www.lamdadev.com

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