Page 15 - Lamda Development News Today

May 18, 2021, 9:37 am · US casino operator Mohegan Gaming & Entertainment expects its planned INSPIRE Athens luxury integrated resort on the site of the former Athens international airport to be ready and operational by 2026. This is the first time the company provides a timeframe for the scheme since it was announced as the winning bidder for the right to develop and operate the resort. Mohegan formed in the summer of 2019 a consortium with Greek development c...

Hellinikon Casino to Be Completed in 36 Months Says Mohegan An architectural model of the proposed casino at Hellinikon. Credit: Lamda Development Construction of the casino at Hellinikon, the site of the old Athens airport, will be completed in 36 months, said CEO of Mohegan Gaming and Entertainment (MGE) Ray Pineault on Friday. The company CEO discussed the investment at the 6th Delphi Economic Forum, which is being held under the auspices of the President of the Hellenic Republic Katerina ...

Send U.S. casino group Mohegan Gaming and Entertainment expects that a luxury casino resort on the site of the former Athens airport will be ready by 2026, a top company executive said on Friday, giving a timeframe for the first time on development plans. The consortium of Mohegan and Greek construction group GEK Terna last year won a Greek tender for the construction and 30-year operation of the casino resort on the site of the former Hellenikon airport on the Athens seafront. The next steps i...

Greeces Lamda eyes autumn start for airport site redevelopment Reuters 1 hr ago ATHENS, May 12 (Reuters) - Lamda Development is hopeful that it can start one of Greeces biggest urban redevelopment plans in the autumn if it secures the property from the state next month, the groups top executive said on Wednesday. The 1,500-acre Hellenikon airport site on the Athens coast, where disused runways, terminals and former Olympic venues have sat abandoned for almost two decades, will eventually hous...

15 non-binding offers for high-rise towers at Helleniko site Monday, 01 March 2021 21:43 UPD:21:44 Non-binding offers have been received by 15 companies, mostly from outside Greece, for two of the six proposed high-rise towers at the 620-hectare Helleniko property development in coastal southeast Athens, the tract of land where the Greek capitals former airport once operated. According to sources close to ATHEX-listed Lamda Development, the property developer behind the multi-billion-euro p...

Athens, Greece – The Greek MeToo movement lit by Olympian Sofia Bekatorou is becoming a wildfire that now burns uncomfortably close to the government. Culture minister Lina Mendoni faces opposition calls to resign after two men accused the National Theatre director she appointed of raping them when they were barely adults. Opposition leader Alexis Tsipras reissued his call on Tuesday for Prime Minister Kyriakos Mitsotakis, “to do the obvious, even at this late stage, and relieve Mendoni of ...

An impression of the Sentido Unique Blue Resort Greece’s field of luxury hotels will see a number of new entries following transactions and developments that took place in the fourth quarter of 2020, according to the latest report released by GBR Consulting. CIG: Sentido Unique Blue Resort As noted in the consulting company’s quarterly report for 2020 Q4, in November 2020 it was announced that Cretan Investments Group (CIG) Hellas acquired its first hotel, the 119-room Iti AKS Minoa Palace....

New luxury hotels coming to Greece’s hospitality market Add Greece’s field of luxury hotels will see several new openings following transactions and developments that took place in 2020. Cretan Investments Group (CIG) Hellas obtained its first hotel, Iti AKS Minoa Palace. Located in Heraklion on Crete, the hotel will be renovated in two phases and is planned to re-open in April 2021 as the Sentido Unique Blue Resort. Also, in November 2020, Lamda Development and TEMES S.A. announced a str...

Lamda Development eyes expression of interest process for two out of six high-rise towers at Helleniko site Wednesday, 23 December 2020 23:06 UPD:23:09 ATHEX-listed Lamda Development has unveiled an expression of interest process for would-be investors to build and exploit two out of the six planned high-rise buildings at the Helleniko site in coastal southeast Athens, billed as one of biggest land development projects in Europe. Speaking during an extraordinary general assembly of shareho...

Why Mohegan Gaming chose to invest in Greece Search for: “Inspire Athens”, the casino project in Hellinikon is expected to increase international tourism to Attica by 10%. Addressing the ’22nd Annual Capital Link Forum – Invest in Greece’ last week, Mario Kontomerkos, CEO of Mohegan Gaming & Entertainment, expressed his belief in the viability of the project in Greece. “It has the privilege of a temperate climate all year round, it is located in a place with amazing views, sunny, b...