Faliro Bay AENAON Metropolitan Park project moves toward implementation

AENAON Metropolitan Park Faliro Bay redevelopment Attica Region infrastructure urban landscape project Greek construction

The implementation of the AENAON Metropolitan Park in Faliro Bay is moving forward following the completion of a preliminary audit by the Court of Audit. The project, which represents the second phase of the Faliro Bay redevelopment, will be executed by a consortium consisting of Terna, Metka, Iliochora, and Elemka.

The contract is valued at 241.554 million euros plus VAT, reflecting a 5.50% discount on the original auction budget. The contract signing is scheduled for September 2, 2026, with the construction site expected to be established by November 2026. Construction is slated to begin in January 2027, with a target completion date in the second half of 2029.

Spanning approximately 540 acres, the park will feature 250 acres of new green space, including 4,000 trees and 210,000 plants. The development includes a 90-acre urban linear park, a multifunctional children's sports center, two swimming pools, and various sports courts for basketball, squash, beach volleyball, and fencing. Additionally, the site will host an open-air amphitheater, outdoor exhibition spaces, a summer cinema, and dining facilities.

Entities

Attica Region · Faliro Bay · METKA · Nikos Hardalias · Terna

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The contract for the AENAON Metropolitan Park is scheduled to be signed on September 2, 2026. www.mononews.gr
[● 3 SOURCES] The Terna – Metka – Iliochora – Elemka consortium is the contractor for the AENAON project. www.economix.gr · www.mononews.gr · www.naftemporiki.gr
[● 2 SOURCES] The existing beach volley area will be converted into an open-air amphitheater for events. www.economix.gr · www.naftemporiki.gr
[● 2 SOURCES] Sports facilities will include six 5x5 courts, four squash courts, two basketball courts, two beach volley courts, and a fencing area. www.economix.gr · www.naftemporiki.gr
[● 3 SOURCES] The contract value is 241.554 million euros plus VAT, representing a 5.50% discount on the auction budget. www.economix.gr · www.mononews.gr · www.naftemporiki.gr
[● 2 SOURCES] The AENAON project covers approximately 540 acres in the Faliro Bay area. www.economix.gr · www.naftemporiki.gr
[○ 1 SOURCE] Construction works are expected to begin in January 2027, with completion targeted for the second half of 2029. www.mononews.gr
[● 2 SOURCES] The project will create 250 acres of new green space, including 4,000 trees and 210,000 plants. www.economix.gr · www.naftemporiki.gr