After years of stagnation, the great project of exploitation of the port in Platygiali Astakos comes back dynamically. The Environmental Impact Study for Nautilus Project, an investment of over 500m euros, was put in public consultation. Alpha Bank and Piraeus Bank, through Lobster Terminal S.A., undertake the implementation. The project envisions a 350-seat five-star marina, luxury hotels, residences and commercial spaces in 1,800 acres. 800-1,000 jobs are expected to be created. Mayor Xiromerou Giannis Triantafyllakis stresses that the investment will bring growth across Western Greece.
Analyticalally:
After years of stagnation, failed efforts and investment projects that never progressed, the great project to exploit the port in Platyyyali Lobster It is dynamically returning to the foreground.
This time, however, with more clear steps, concrete framework and strong «players» On the table.
The suspension of the Study
Environmental Impacts in Public Consultation marks a critical
A turning point for the so-called Nautilus Project, the investment of more than EUR 500 million, which is the most important part of the project.
aspires to turn a undervalued port zone into a modern
destination of high-demand marine tourism.
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«It's the final stage
before the investment progresses. The ESDC is essentially the environmental and
city plan of the project. After consultation, all the necessary measures should be taken.
issues arise and issue the FVO. From there on the road opens
to find the investor, who is the key to progressing the project», points out in iefimerida. gr the mayor of Xiromerou Giannis Triantafyllakis.
He places particular emphasis on what this investment means for the region. «We are talking about a development that brings growth to many levels. Not only for Astakos and the Municipality of Xeromerou, but for all of Aetoloakarnania, Western Greece and the country as a whole. 800 to 1,000 jobs will be created, new people will come, skilled staff, and there will be total mobility. It is very important even for the demographic, which is a major problem in the region. Essentially changing the character of the place», notes features.
A project left for years on paper
The history of the port in
Lobster is linked to high expectations that were not confirmed. The
Maritime and Industrial Region Platygiali went through different
business schemes, starting with the META Group – EIB and then
to the AEGEC,
But there will never be substantial growth.
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After the collapse of these
of the schemes, the project went into control of the Investment Property RES S.A., in which
Alpha Bank and Piraeus Bank participate. Since then, the port has remained
virtually inactive, with various plans presented at times without
They're moving on.
It is important that the European Parliament be given the opportunity to express its views on this matter.
In the past, even investments with Arab capital had been discussed for
energy projects, but never implemented, leaving behind a picture
stagnation and lost opportunities.
Banks ahead and new model
In today's phase, the project becomes new
This is particularly due to the active involvement of banks. Alpha Bank and Piraeus Bank,
through Lobster Terminal S.A., they are essentially taking over «Run» investment,
giving a more stable and realistic financial background.
This is also the element that differentiates the current effort from the previous ones. The project is no longer based on vague pronouncements, but on a more organized format with clear roles and specific bodies.
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What the investment will include
The Nautilus Project extends to
about 1,800 acres and is based on a mixed development model. In
The heart of the design is the creation of a large five-star marina,
capacity of approximately 350 docking positions, 105 of which will relate to mega yachts over 40 metres.
However, the investment does not
restricted to the marina. Includes an integrated infrastructure grid which
It turns the area into a multifunctional destination. Estimated
five-star hotels, luxury houses and villas, commercial spaces,
offices, catering and entertainment areas, conference centres, but also
cultural and sports facilities.
At the same time, they are designed
modern port and technical infrastructure such as water, sewerage networks
and energy, supporting the operation of marina and others
activities. Overall philosophy moves in the creation of a «marine village», a modern
a coastal destination with an international character.
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Who are behind the project?
The development of the project
MyMAR Nautilus Investments Limited, which operates as a master developer, has taken over. A wide range of companies from
Greece and abroad.
Determining role in
a construction arm is expected to have the Archirodon Group, with great experience in port projects. The
A1YACHTS and BWA Yachting are involved, while a financial advisor is Deloitte. The masterplan carries the
signature of the international architectural group WATG.
The bet that now appears to be moving on
Public consultation
is the first major step to pass the project from paper to practice. After completion
It will be followed by the adoption of the Presidential Decree which will «lock» The
design.
For the local community,
The bet is clear. To finally move forward an investment that for years
It sounded, but it couldn't. This time, with the banks ahead and more
Clearly, expectations seem to have a stronger basis.
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If the plan is implemented,
Lobster won't just have a new marina, but a whole new role
on the map of tourism and the economy.
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