# Urban redevelopment projects in Greece

> Live situation record from CLSTR: https://clstr.news/situations/20261008-urban-redevelopment-projects-in-greece
> Updated: 2026-10-08T04:00:15.000Z. Sources: 7. Developments: 2.

Municipalities in Greece have initiated significant urban renewal and infrastructure projects. In Heraklion, the municipality signed a contract with HEDNO to begin undergrounding electrical networks on Kalokairinou Avenue. This work is the first phase of a larger redevelopment project funded by the ‘Crete 2021-2027’ Program, which intends to include sidewalk widening, new paving, and greenery to revitalize the city center.

In Kalamaria, a contract was signed for the redevelopment of Pontou Street, a project linked to the extension of the Thessaloniki Metro. With a budget of approximately 24.7 million euros, the project involves constructing a 2.5-kilometer road featuring modern traffic infrastructure, bicycle paths, and green spaces. The works, contracted to AKTOR, aim to improve access to the airport and eastern Thessaloniki, with a target completion date by the end of 2028.

## Timeline

### 2026-10-08: Kalamaria signs contract for Pontou Street redevelopment project

A contract was signed for the 24.7 million euro redevelopment of Pontou Street in Kalamaria, a key infrastructure project supporting the Thessaloniki Metro extension.

5 sources. https://clstr.news/cluster/kalamaria-urban-redevelopment-pontou-avenue-project-contract-signed

### 2026-09-26: Heraklion begins Kalokairinou Avenue redevelopment

Heraklion has signed a contract with HEDNO to underground electrical networks on Kalokairinou Avenue, marking the start of a €1 million urban redevelopment project.

2 sources. https://clstr.news/cluster/heraklion-begins-kalokairinou-avenue-redevelopment

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Cite as: Urban redevelopment projects in Greece. CLSTR, https://clstr.news/situations/20261008-urban-redevelopment-projects-in-greece