Final notice to Ble Kedros REIC to demolish the top floors of Coco Mat hotel
Final notice to Ble Kedros REIC to demolish the top floors of Coco Mat hotel

Final notice to Ble Kedros REIC to demolish the top floors of Coco Mat hotel

According to a new decision, progress of the process will be re-evaluated on May 16, 2024
RE+D magazine
16.11.2023

The case of the Coco Mat hotel, owned by Ble Kedros REIC, in Acropolis is taking a new turn.

Τhe three-member committee of the Council of State has granted a six months extension period for the implementation of the decision to demolish the upper floors of the hotel development under dispute, located in Falirou Street on the Acropolis foothills.

The extension will offer a leeway to state agencies responsible, to prepare the relevant demolition study of the building, which -if it finally happens- will be the first ever executed in the country by the Greek authorities.

And this is because the nature of the specific demolition requires special studies for static and anti-seismic control of the load-bearing structure, since this particular demolition refers not to a structure or building based on the ground, but to the top floors (above 24 m.) of an existing ten-story hotel property. Additional supportive studies for counter-support or strengthening of the remaining part of the building or of the neighboring building will also be required.

These studies should also include laboratory tests of the concrete quality by a certified laboratory (samples - cores collection, non-destructive tests, magnetic analysis, etc.).

Consequently, the demolition study should initially be commissioned by tender and be drawn up. The study will include the above-mentioned considerations regarding the building's static and, possibly, its strengthening, along with the necessary laboratory tests. A separate tender will then assign the physical execution of the demolition of the arbitrary sections. A minimum of 73 days is required for the signing of each contract, starting from the posting of the invitation to tender.

The Council of State, after assessing the course of the case and the established difficulty of the demolition process, has decided to grant the hotel's management a six-month deadline extension, starting from the announcement of the decision. The extension was granted in order to allow the hotel's management to take all appropriate measures to comply with the aforementioned annulment decision, by furthering the progress of the process and, mainly, by rapidly promoting the tender for the preparation of the appropriate demolition studies.

According to a new decision, the progress of the process will be re-evaluated on May 16, 2024, while the final decision for the hotel's closure is still expected.