# Thessaloniki Fair redevelopment plan

> Live situation record from CLSTR: https://clstr.news/situations/thessaloniki-fair-redevelopment-plan
> Updated: 2026-07-30T06:31:18.000Z. Sources: 21. Developments: 2.

Greek authorities have moved the long‑delayed Thessaloniki International Fair (TIF) redevelopment into an active implementation phase. On 29 July 2026 the Thessaloniki municipal council approved a 99‑year free lease of roughly 12.36 ha to DETH‑HELEXPO AE and the Hellenic Participation and Property Company, outlining a €165 million net (€204.6 million gross) project that will create a 120‑stremmata Metropolitan Park, two new bioclimatic exhibition halls, a renovated Ioannis Vellidis conference centre and underground parking for over 1,000 cars. The plan is fully publicly funded, with contractor selection expected by the end of 2026 and construction slated to start in 2027, completing by the end of 2030.

An international tender for the works was launched on 30 July 2023, administered by the Strategic Contracts Unit of the National Development Fund. The underground garage is designed for 1,064 vehicles. Mayor Stelios Aggeloudis hailed the council’s decision as a “victory for Thessaloniki’s citizens.”

## Claims

- The project budget is €165 million net and €204.6 million gross including VAT. (corroborated by 19 sources)
- The municipal council of Thessaloniki approved a 99‑year free lease of about 12.361 ha of municipal land for the redevelopment. (corroborated by 19 sources)
- The redevelopment will be financed entirely by national public funds. (corroborated by 18 sources)
- The redevelopment includes two new exhibition halls, renovation of the I. Vellidis conference centre, a 120‑stremmata Metropolitan Park, and underground parking for 1,064 cars. (corroborated by 16 sources)
- Contractor selection is planned for the end of 2026, with construction to start in 2027 and completion aimed for 2030. (corroborated by 16 sources)
- The international tender for the redevelopment was launched on 30 July 2023. (corroborated by 16 sources)
- The tender is administered by the Strategic Contracts Unit (PPF) of the National Development Fund. (corroborated by 16 sources)
- Ownership of the land remains with the Thessaloniki municipality. (corroborated by 16 sources)
- Mayor Stelios Aggeloudis described the approval as a “victory for the citizens of Thessaloniki”. (corroborated by 15 sources)
- The redevelopment includes a 120‑stremmata Metropolitan Park, two new exhibition halls, renovation of the I. Vellidis conference centre, and underground parking for 1,064 cars. (corroborated by 15 sources)
- Contractor selection is planned for the end of 2026, construction to begin in 2027 and completion by the end of 2030. (corroborated by 13 sources)
- The project is a public undertaking, eliminating PPP and real‑estate uses and proceeding with only two new exhibition‑only buildings. (corroborated by 13 sources)

## Timeline

### 2026-07-30: Greek National Development Fund advances Thessaloniki Fair redevelopment

Greece's National Development Fund moves the Thessaloniki International Fair redevelopment to tender, shifting to a public, green‑focused project with new bioclimatic halls and extensive open space.

2 sources. https://clstr.news/cluster/greek-national-development-fund-advances-thessaloniki-fair-redevelopment

### 2026-07-29: Thessaloniki Approves DETH‑HELEXPO Redevelopment with 120‑stremmata Park

Thessaloniki’s council approved a 99‑year lease for DETH‑HELEXPO’s redevelopment, adding a 120‑stremmata park, new exhibition halls, and underground parking, funded by €204.6 million of public money, with work

20 sources. https://clstr.news/cluster/thessaloniki-approves-new-plan-for-international-exhibition-redevelopment

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Cite as: Thessaloniki Fair redevelopment plan. CLSTR, https://clstr.news/situations/thessaloniki-fair-redevelopment-plan