Redevelopment of Larissa and Peloponnese stations underway by GAIAOSE

As the company notes, the invitations represent the preliminary stage of the competitive process and aim to collect proposals for the development of the two adjacent stations, either jointly or separately, with a view to long-term utilization.

Development of 100 hectares in central Athens
The two stations are located within the “Unified Central Railway Passenger Station of Athens,” covering a total area of approximately 100 hectares, close to the city center. This constitutes one of the most significant urban development opportunities, with direct connections to the active railway network and fixed-track public transport, such as the Metro.

Larissa Station is the largest and most central railway hub in Greece, connecting Athens with major cities in mainland Greece. In close proximity, the historic Peloponnese Station, originally opened in 1884 and featuring architectural interventions by Ernst Ziller, is a building of high cultural value.

Objective: a “Complex Multi-Functional Transport Hub”
GAIAOSE plans to develop the area as a Complex Multi-Functional Transport Hub, integrated into the operation of the railway network and connected to other modes of transport.

Within this framework, the total area could host mixed uses, including:

• Retail stores
• Tourism and hotel facilities
• Student housing
• Office spaces
• Cultural infrastructure
• Above-ground or underground parking facilities

According to GAIAOSE, the planned development, combining new constructions with the upgrading of existing buildings, follows successful international examples of railway station repurposing and is expected to boost local development, enhance the experience of passengers and visitors, and improve the overall quality of life in the surrounding area.

Deadline: June 12, 2026
Interested investors are invited to submit their ideas and proposals by June 12, 2026, for evaluation in the next stages of the competitive process. The initiative is part of the strategy to prepare and exploit the country’s railway real estate, aiming to generate value for the State and attract private capital to a landmark urban property in Athens.