Historic Landmark Redevelopment Opportunity in Omonia, AthensPlot Size: 436.19 sq.mBuilt Area: Approx. 1, 800+ sq.m + Additional building rightUse: Mixed-use: Retail (Ground Floor), Residential (Upper Floors), Parking & Auxiliary Areas (Basement)Year Built: ~1910Status: Listed Historic Building Fully approved for renovation under current architectural and archaeological guidelines? Architectural Significance & HeritageOriginally constructed in 1912 is a rare example of Late Athenian Neoclassicism. It features:Ornamental plasterwork and hand-crafted lime mortar detailsElegant French-style wooden windows with skylightsLong marble balconies, cast iron balustrades, and decorative facadesCurved corner geometry and symmetrical architectural elementsClassified as a Listed Monument by the Ministry of Culture and protected under Greek heritage law? Renovation & Redevelopment FrameworkFull renovation plans are already approved by:The Ministry of Culture (Y.P.P.O.A. Modern Monuments Service)The Local and Central Architecture Councils (.. & ...)Archaeological and urban planning authorities (ground trials included)The proposal respects the buildings historic character, with design goals focused on:Structural reinforcementFaade preservationEnergy efficiency & sustainabilityReuse of decorative elementsIntroduction of contemporary residential amenities? Building CompositionBasement (-1 Level)8 underground parking slots (car lift access)3 storage unitsMechanical and utility rooms (MEP)Ground Floor3 retail stores (139m, 97m, 18.5m)2 reception areasEntrance foyers and lift/stair coresMezzanine2 retail/office spaces1 apartment (59m)Floors 1 to 6 (Residential Use)A total of 23 apartments of varying sizesTypical floors include 34 apartments ranging from ~45m to 98mCorridors, lobbies, staircases, and elevator accessSemi-covered areas and balconies on select floors? Design HighlightsRooftop and courtyard space with potential for communal or leisure useFull faade restoration and external color studyIndividual apartment utilities (electricity/water meters)Structural and energy upgrades (green retrofit-ready)Total compliance with monument preservation regulations? Investment PotentialCentral location near Omonia Metro and major transport hubsProximity to Athens University, commercial streets (Patission), and cultural sitesIdeal for boutique residential use, serviced apartments, or long-term rental portfolio
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