Hines has entered into a joint venture with the National Bank of Greece to redevelop Athens Heart Mall into a 22,000-square-meter (237,000-square-foot) premium outlet mall.
The scheme, which will be renamed Gazi Outlets, will feature a new cinema and undergo a comprehensive refurbishment to become a prime outlet destination with a strong leisure and food and beverage offering. The redevelopment will be completed by early 2021, with anchor tenants already in place.
Located in Athens’ dynamic Gazi district, the mall is just 2 kilometers (1.24 miles) from the Acropolis and a 10-minute drive from the city center. The site also is positioned on the main thoroughfare between Athens’ tourism center and Europe’s largest passenger port, Piraeus, which handles 17 million passengers a year.
Paul Gomopoulos, Hines’ Greece regional head, said, “Gazi Outlets will become a very compelling destination in the heart of the Greek capital, combining the best of Greek and
