Athens is about to witness a monumental transformation with the collaborative venture between Hard Rock International and GEK TERNA Group. This ambitious project, located along the prestigious Athens Riviera, promises not only to redefine luxury and entertainment but also to inject vitality into the local economy.
A Grand Vision Unveiled
The event held recently marked the inception of this remarkable partnership, set to create an integrated resort and casino complex that will serve as a landmark in Athens. Led by Hard Rock International Chairman, Jim Allen, and GEK TERNA Group Chairman and CEO, George Peristeris, the project boasts an array of world-class amenities.
The Jewel of Athens Riviera
Nestled in the heart of the Athens Riviera, this venue will be more than just a casino; it will be a destination. The development will feature a sprawling five-star luxury hotel, a vibrant gaming floor with 200 tables and 2,000 gaming machines, and a premier meeting and convention space. Guests can anticipate internationally renowned dining options, a sophisticated retail promenade, and breathtaking views of either the waterfront or the iconic Parthenon.
Economic Impact and Job Creation
One of the most significant outcomes of this project is the employment it will generate. With over 3,000 jobs expected to be created, this development represents a substantial contribution to the local workforce. Furthermore, it is anticipated that the project will invigorate the Greek economy, with substantial revenues flowing into the public sector.
A Billion-Euro Investment
The financial commitment behind this venture is substantial, amounting to over 1 billion euros. This significant private investment underscores the confidence that both Hard Rock and GEK TERNA have in Greece’s future as a premier tourism and entertainment destination.
Timeline and Construction
Construction is slated to commence in early 2023, with an estimated duration of approximately three years. This timeframe underscores the meticulous planning and execution required to bring this ambitious vision to life.
Envisioning the Future
The collaborative effort between Hard Rock and GEK TERNA is more than just a business endeavor; it is a testament to the potential of Greece’s tourism sector. By leveraging the iconic allure of Athens and the enduring appeal of the Hard Rock brand, this project aspires to set new standards for hospitality, entertainment, and economic growth.
The partnership between Hard Rock International and GEK TERNA Group represents a transformative moment for Athens. As construction begins and the vision takes shape, the city stands poised to welcome a new era of tourism and economic prosperity. With its blend of luxury, entertainment, and job creation, this integrated resort and casino complex promises to be a beacon of success, not just for the stakeholders involved, but for the entire region.