Korizi & Thrakis

In Progress

Land Development

Location

Attica Region, Athens Prefecture, Municipality of Tavros - Moschato

Type

Landplot with Buildings

Area

3.295,75 m2

Built Surface

1.513,63 m2

Within City Plan

Yes

Urban property surrounded by Korizi, Thrakis and Timotheou Evgenikou in Tavros. On the property there are old buildings with uses of Exhibition Spaces, Workshops and Warehouse of Hellenic Organisation of Small and Medium Enterprises and Handicraft (EOMMEX), built from 1940 to 1970.

The total surface of the buildings amounts to 1,526.79sqm. One of the buildings, with a coverage area of 583.95sqm and surface of 837.22 sq.m, is listed as per the Decision no 207951/8.6.2021 (Government Gazette 368/D/2021). The other buildings do not have any special features and can be demolished.

The property has a front of 78 m  on Korizi Street and 47 m  on Thrakis Street.

In the direct neighbouring properties there have been residences, social infrastructure, public administration and commercial uses of a local and supralocal nature have been developed.

 

Location

The property is located only 250 m from Piraeus Avenue and 150 m from Hamosternas Avenue with easy accessibility by car. The region of the property is served by a number of ILPAP and OASA routes, which pass from Piraeus Avenue and Panagi Tsaldari and Chrysostomou Smyrnis Streets, connecting the property with the center of Tavros, Athens, and with areas of the southern suburbs (Moschato, Kallithea, Piraeus, etc.).

The property is located approximately 650 m. (8 minutes walking distance) from the “Tavros” ISAP station, 800 m from the “Tavros” Suburban rail station (11 minutes walking distance) and 1 km (12 minutes walking distance) from the “Petralona” ISAP train station.

The exact location and boundaries of the property are shown on the Google map.

Tourist Attractions & Points of Interest

It neighbours with Piraeus Avenue (Hamosternas Bridge), where – as well as in the broader area – we find:

  • Areas of culture, sports & recreation (entertainment centers, cultural foundations, theatres, etc.)
  • Michalis Kakogiannis Foundation, Closed Municipal Gym of Tavros, Public Services, Office buildings, Administration buildings
  • City Hall of Tavros, Tavros IKA, Commercial uses of local and supralocal interest
  • Athens Heart Shopping Mall, Praktiker etc.

 

Next steps

Tender process

 

Potential for development

The asset development will be done in accordance with the urban planning regime in force in the area and the institutionalized construction rules that provide for a Building Factor οf 3 and Coverage of 0.60.

In particular, the area where the property is located has general land use of the Urban Center, which allows the development through a wide selection of land uses in accordance with current legislation.

Particularly, the permitted uses for the property are:

  • Residential
  • Hotels
  • Retail shops
  • Banks, Insurance companies
  • Health care
  • Offices, research facilities, business incubators
  • Restaurants
  • Recreation centers
  • Gas Station
  • Place of worship
  • Cultural center
  • Local administration offices
  • Exhibition centers
  • Athletic / Sport facilities
  • Parking facilities
  • Public transportation facilities
  • Low disturbance workshops
  • Schools or Education Centers

Investment advisors

FinancialAdvisor:OPTIMA BANK SA
Legal Advisors: Lamnidis Law
Technical Advisor: TECHNENDROS CONSULTANT ENGINEERS SA

 

 

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