# Urban redevelopment projects in Greece

> Live situation record from CLSTR: https://clstr.news/situations/urban-redevelopment-projects-in-greece
> Updated: 2026-08-31T12:51:16.000Z. Sources: 4. Developments: 2.

Various municipalities in Greece are initiating urban redevelopment projects through regional and national funding programs.

In Naoussa, the municipality signed a €1.5 million contract with Fassias Construction to renovate Karatsou Square. Funded by the Central Macedonia Region’s ESPA program, the project aims to create a pedestrian network to improve city center safety and aesthetics. Construction is slated to begin in October 2026.

In the Attica Region, a contract was signed for the redevelopment of Stamou Square in Magoula, Elefsina. This project, budgeted at €436,271 plus VAT, is part of the ‘Green Lungs for Attica’ program. The initiative focuses on greenery, water installations, and accessibility for individuals with disabilities, with an expected completion timeline of 20 months.

## Timeline

### 2026-08-31: Attica Region signs contract for Stamou Square redevelopment in Magoula

The Attica Region signed a contract to redevelop Stamou Square in Magoula, a 436,271 euro project focused on greenery and accessibility under the ‘Green Lungs for Attica’ program.

2 sources. https://clstr.news/cluster/attica-region-signs-contract-for-stamou-square-redevelopment-in-magoula

### 2026-08-25: Naoussa signs €1.5 million contract for city center redevelopment

Naoussa has signed a €1.5 million contract to redevelop its city center and Karatsou Square, creating a pedestrian network funded by the Central Macedonia Region's ESPA program.

2 sources. https://clstr.news/cluster/naoussa-signs-15-million-contract-for-city-center-redevelopment

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