Jacobs and Mace JV to Deliver Greece’s First Green Urban Infrastructure Program

The joint venture of Mace and Jacobs (NYSE:J), appointed by Hellinikon S.M.S.A., a subsidiary of LAMDA Development S.A., is Program Management Consultant for the Ellinikon development and has Project Management responsibilities for the four primary building projects within the scheme – Riviera Tower, Vouliagmenis Mall Complex, Riviera Galleria and the Mixed Use Tower.

The Ellinikon program is the largest urban infrastructure development investment in Europe, and the largest urban regeneration investment ever in Greece. The regeneration of the former Athens airport and the neighboring coastal front, Ellinikon, includes one of the first green architectural landmarks in Greece.

The Riviera Tower, planned by LAMDA Development to be complete in 2026, will stand at more than 200 meters above sea level. Constructed to LEED (Leadership in Energy and Environmental Design) Gold standard using environmentally friendly materials, the building, which will be the tallest in Greece, incorporates green features including a full height green wall, natural light and unobstructed sea views.

The Mace and Jacobs JV will also project manage the 160-meter-tall “Mixed Use Tower” which consists of office, hotel and residential space and the Riviera Galleria which will provide a new high-end retail, hospitality and entertainment hub.

“It is a privilege to be involved in the construction of the iconic Ellinikon development, including what is set to be the first high-rise green tower in all of Greece and the country’s largest shopping mall,” said Mace Consult Managing Director for Property UK and Europe Daniel Easthope. “Our appointment to this project is a great example of how construction expertise can be exported to help other nations to meet their infrastructure demands.’’

“This latest project progress reinforces that the most significant sustainable impact of The Ellinikon development will be its legacy – creating green, integrated places and spaces that support communities, business and tourism,” said Jacobs People & Places Solutions Senior Vice President Europe Kate Kenny. “Integrating global regeneration program experience with local knowledge, together we are applying sustainable and smart principles throughout the project to help bring that vision to life.”

LAMDA Development CEO Odisseas Athanasiou said: “The synergy of two well-known international Project Management Consultants, Mace and Jacobs, speaks volumes on how significant the Ellinikon Project is worldwide and ensures that their consolidated knowhow and expertise will be transferred to our overall program and our four landmark projects in Phase I, while advancing our vision. At the same time, the Greek construction industry will benefit with state-of-the-art practices and methods.” 

Announced as overall Program Management Consultant in February 2022, together Mace and Jacobs draw on decades of international experience in the management of large-scale programs and projects of significant economic value and complexity. As joint venture partners, the two firms will leverage their joint capability on the delivery of major legacy programs, such as the London 2012 Olympics and Paralympic Games and Expo 2020 Dubai, in addition to bringing economic and social benefits and transformation for local communities through jobs creation.

Jacobs brings extensive project and program management consultancy experience from major programs around the world, including a feasibility study for Rikers Island in the U.S., The Elizabeth line in the U.K. and the FIFA World Cup Qatar 2022^TM, as well as city transformation programs such as the Edinburgh City Centre Transformation and Aurangabad Industrial City in India.

Mace will contribute with its extensive track record from mega developments including One Za’abeel and The Opera District in the UAE, alongside other major global infrastructure, and legacy developments such as the infrastructure reconstruction program in Peru and HS2 London Euston Station in the U.K.