DIMAND has undertaken and successfully completed the development management of the 1st and 2nd phase of an ambitious project, concerning the simultaneous regeneration of two distinct city areas of Athens: the brown field Votanikos district (200.000 sq.m.) - 2km far away from the city centre whilst including poor infrastructure and abandoned former industrial sites and Alexandras Avenue (19.000 sq.m.), a high density area with lack of green space where the football stadium of Panathinaikos Football Club is now situated.

Project:Two-fold urban regeneration

Location: Votanikos, Attica – Alexandras Avenue, Athens (existing football stadium of Panathinaikos FC)

Project Sponsor: Municipality of Athens, National Bank of Greece, Double Regeneration S.A.

Services: Development Management

Buildable Area: 95.000 sq.m.

Project cost: € 230.000.000 (estim.)

Status: Completed 2006 (Phase I, II)