Greek: Lamda Development aspires to change the philosophy of urban development

Lamda Development aspires to change the philosophy in urban development, aiming to transform the real estate market in the coming years.

As part of Elliniko’s project, Lamda intends to develop partnerships with local universities and the Greek construction community to ensure the development of the skills of the employees during the development of the project while it has already entered into large collaborations with the best in Greece and abroad.

It also aims to consolidate a stronger supply chain in the construction industry and to support the country’s goal of attracting workers and facilitating knowledge transfer. As mentioned, emphasis is also placed on the introduction of new technologies and techniques in the construction sector using digital supply chain management (digital supply chain management) to reduce supply chain uncertainties and ensure the timely delivery of projects to the market, as well as using Design Manufacture Assemble methods and standardizing production with “factory” methods, which help increase quality and productivity and reduce employee risks.

Lamda Development, through the redevelopment of Elliniko and the projects carried out, aspires to enrich the know-how of the country’s workforce, which has been affected in recent years due to expatriation, with knowledge transfer programs by international consultants. This will be done mainly through technical training programs in the field of work as well as in collaboration with Greek educational institutions. At the same time, the skills and quality characteristics of real estate development consultants and construction companies will be upgraded.

The main goal of the urban regeneration of Elliniko according to the announcements that have been made is to create a green sustainable smart city, friendly to humans, with large networks of bike paths and walkways, where residents will live and work using limited private transport. . This will be achieved through the introduction of smart “green energy” infrastructure and high sustainability standards that will be milestones for Greece and Europe in the coming years.

With the project in Elliniko, Lamda Development expands the international presence of the Greek real estate development market as during its full operation Elliniko will attract investors and buyers of real estate from all over the world and will increase the foreign direct investment (FDI) in the Greek real estate market. . At the same time, it will encourage the development of similar projects by investors along the Athenian Riviera.