As we shape the city of the future, we are advancing the design, construction, and operation of The Ellinikon by reducing its environmental footprint, promoting resilience, creating economic value, and enhancing social well-being.
The Ellinikon aims to obtain international Leadership in Energy and Environmental Design (LEED) certification for all commercial developments in Phase A, as well as for the majority of residential buildings, targeting LEED “Gold” certification.
The Group, staying true to its commitment to powering the smart, modern city of The Ellinikon with green energy, is also focusing on other investments in the renewable energy, clean technologies and energy storage sectors.
Water management is based on the Water Management Plan, which is part of the Environmental Management Plan for the Construction Phase (EMPc), with goals for consumption reduction, use of smart irrigation systems, maximum exploitation of non-potable water sources. In addition, through the Wastewater Treatment Facility, the goal is to cover 100% of the irrigation needs for The Ellinikon Park with water resulting from wastewater treatment.
At the same time, the circular economy is being promoted, with an emphasis on waste reduction, reuse of demolition materials and recycling, in order to achieve the goal of "zero waste for disposal". Waste and material management practices are implemented through the Environmental Management System (ISO 14001) and EMPc Plans.
In this way, The Ellinikon implements a model of sustainable and circular development, ensuring efficient use of resources, responsible sourcing of materials and environmental protection at every stage of the project.
A. Completed Sustainable Buildings:
The Building Complex for People with Disabilities, the first completed building of The Ellinikon redevelopment, was delivered to the Municipality of Elliniko–Argyroupoli in September 2023. The center hosts organizations for people with disabilities (Amymoni, Ermis, NIKI-Victor Artant, and SAMSKP) and was fully funded by LAMDA Development. In 2024, this state-of-the-art facility was awarded the LEED BD+C “Platinum” certification, meeting the criteria for green development.
Key benefits of this project include:
High energy efficiency: 40% lower energy use compared to reference buildings.
Use of renewable energy: 280 m² of photovoltaic panels.
Potable water savings: 45% reduction indoors, 60% reduction outdoors.
95% of construction waste was recycled.
30% of construction materials had recycled content.
High indoor air quality using best-practice materials.
B. Sustainable Buildings in Progress Toward Certification:
1. Riviera Tower
Designed by the globally renowned architectural firm Foster + Partners, the Riviera Tower embraces comprehensive sustainable design strategies. The vision is a landmark high-rise harmonized with the sea and the Mediterranean landscape.
In July 2022, the project was pre-certified under the LEED green building standard, becoming the first residential building in Greece with LEED pre-certification at the Gold level.
Key features:
200m tall – the tallest “green” skyscraper in the Mediterranean.
170 apartments over 50 floors.
Panoramic views of the Athens Riviera, the Acropolis, and Cape Sounio.
Biophilic design with a vertical green spine.
High energy efficiency: KENAK A+ rating.
Use of renewables: 1,750 m² of PV panels.
Reduced embodied carbon via low-carbon materials.
Planting of 22,000 plants and 470 trees.
Airflow simulation study.
400 EV charging points.
The construction of the project began in 2023 and by 2024, concreting works up to the 11th floor of the building core and up to the 8th floor of the level slabs have been completed.
The following quantitative data concern the consumption of materials and natural resources during the construction phase of the project until the end of 2024:
• 10,509 tons of reinforcement
• 91,988 tons of concreting
• 98% waste diversion rate from landfill
• 798,000 kWh electricity consumption
• 164,278 liters of diesel consumption
• 3,315 cubic meters of water consumption.
2. Park Rise
Park Rise, a landmark building of Little Athens, was designed by the acclaimed architectural firm Bjarke Ingels Group (BIG) as an interconnected community. The project aims to achieve LEED BD+C New Construction “Gold” certification.
Key features:
- 50 meters tall.
- 88 residences with panoramic views.
- Aligned with the EU Taxonomy.
- High energy efficiency: KENAK A+ rating.
- Renewable energy: 790 m² of PV panels.
- Stormwater management systems.
- Planting of 20,000 plants and 250 trees.
- Potable water reduction: 45% indoors, 52% outdoors.
- Best-practice materials for superior indoor air quality.
The construction of the project began in 2023 and by 2024, concreting works up to the 11th floor of the building core and up to the 8th floor of the level slabs have been completed.
The following quantitative data concern the consumption of materials and natural resources during the construction phase of the project until the end of 2024:
- 1,641 tons of reinforcement
- 22,702 tons of concreting
- 62,133 tons excavated material intended for reuse
- 96% waste diversion rate from landfill
- 26,942 kWh electricity consumption
- 6,044 liters of diesel consumption
- 5,060 cubic meters of water consumption.
3. The Ellinikon Mall
Designed by world-renowned architecture firm AEDAS, The Ellinikon Mall features an innovative hybrid design, integrating open and closed spaces with abundant natural light. The project will offer a premier consumer experience and cutting-edge leisure, innovation, and tech environments across four levels and 185,000 m² of total built area. In April 2023, it received LEED Gold pre-certification, with early construction works beginning in September 2023.
Key features:
- 280 retail stores.
- 100,000 m² leasable area.
- EU Taxonomy alignment.
- High energy efficiency: KENAK A (nZEB -20%).
- Renewable energy: 8,770 m² of PV panels.
- Reduced embodied carbon through low-carbon materials.
- Potable water savings: 40% indoors, 55% outdoors.
- Green roofs and planted areas: 32,700 m².
- Microclimate improvement.
- Best-practice materials for healthy indoor air.
The construction of the project began in 2023 and by 2024, excavation works have been completed.
The following quantitative data concern the consumption of materials and natural resources during the construction phase of the project until the end of 2024:
- 941,997 tons excavated material intended for reuse
- 92% waste diversion rate from landfill
- 159,522 liters of diesel consumption
- 7,266 liters of petrol consumption
- 14 cubic meters of water consumption.
4. Riviera Galleria
Designed by the internationally recognized firm Kengo Kuma and Associates in collaboration with BETAPLAN, Riviera Galleria aims to become an iconic architectural destination at the new Agios Kosmas Marina, attracting visitors from Greece and abroad.
In December 2022, the project achieved LEED Gold pre-certification, adhering to high standards of sustainable design.
Key features:
- 100 retail units.
- 19,000 m² of leasable space.
- EU Taxonomy alignment.
- High energy efficiency: KENAK A+.
- Renewable energy: 3,880 m² of PV panels.
- Potable water savings: 46% indoors, 53% outdoors.
- Green roofs and planted areas: 25,800 m².
- Microclimate improvement.
- Superior indoor air quality using best-practice materials.
The construction of the project began in 2024 and by 2024, earthworks and concreting of the basement have been completed.
The following quantitative data concern the consumption of materials and natural resources during the construction phase of the project until the end of 2024:
- 915 tons of reinforcement
- 8,251 tons of concreting
- 194,100 tons excavated material intended for reuse
- 91% waste diversion rate from landfill
- 103,400 liters of diesel consumption
- 140 liters of petrol consumption
- 416 cubic meters of water consumption.
5. The Cove Residences
Designed by ISV Architects and Bobotis + Bobotis Architects, The Cove Residences is a family-friendly residential project near the coastal zone. It is among the first in Greece pursuing LEED BD+C New Construction certification for low-rise multifamily homes.
Key features:
- 3 floors.
- 115 apartments and duplexes.
- EU Taxonomy alignment.
- High energy efficiency: KENAK A+.
- Renewable energy: 1,230 m² of PV panels.
- Planting of 51,050 plants and 660 trees.
- Potable water savings: 50%.
- High indoor air quality using best-practice materials.
The construction of the project began in 2023 and by 2024, the early works have almost been completed, while the main construction activities and the MEP works have begun.
The following quantitative data concern the consumption of materials and natural resources during the construction phase of the project until the end of 2024:
- 7,406 tons of reinforcement
- 52,191 tons of concreting
- 88% waste diversion rate from landfill
- 224,800 liters of diesel consumption
- 2,060 cubic meters of water consumption.
