Greece’s Lamda Development hopes to secure all the necessary licenses to start a huge development of luxury homes and offices at a disused airport site in Athens early next year, its top executive said on Thursday, according to reuters.com.
The former Elliniko airport, a sprawling site of disused runways, terminals and venues used for the Athens 2004 Olympics, has been abandoned for nearly two decades.
Lamda plans to turn it into a complex of luxury homes, hotels, offices, a yachting marina and a casino at a total cost of 8 billion euros ($8.8 billion), aiming to attract thousands more tourists and investors to the Greek capital of Athens.
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