TERNA begins construction of The Ellinikon Mall
TERNA begins construction of The Ellinikon Mall

TERNA begins construction of The Ellinikon Mall

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RE+D magazine
04.08.2025

LAMDA Vouliagmenis and TERNA sign construction contract for the structural framework of The Ellinikon Mall.

Preliminary excavation works have commenced by AKTOR for The Ellinikon Mall (formerly known as the Vouliagmenis Mall), marking the beginning of what is considered the largest retail investment project in Greece, with a total budget exceeding €500 million.

Located on the northern edge of the Ellinikon development, the mall will feature a total gross leasable area (GLA) of 100,000 square meters across four levels. It will host more than 340 retail, dining, and entertainment units, supported by 4,000 parking spaces, and will be surrounded by approximately 30,000 sq.m. of landscaped green areas.

The architectural design is led by AEDAS, an internationally acclaimed architecture firm, with the project targeting LEED certification, underscoring its sustainable and innovative character.

It is worth noting that the Riviera Galleria, the second major retail project within the Ellinikon master plan, located at the Agios Kosmas Marina, has been awarded to METKA. The Riviera Galleria has an estimated project budget of €120–130 million.