Gazi Outlet. Credit: Hines

Hines develops outlet mall in Gazi

Hines has recently entered into a joint venture with the National Bank of Greece (NBG) to redevelop Athens Heart Mall into a 22,000-square-meter 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 that features a strong leisure and food & 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 two km from the Acropolis and a 10-minute drive from the city center.

The site is also 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 international fashion with quality venues in which to eat, drink, and relax. We are attracted to the thriving and dynamic neighborhood of Gazi, famous for the Technopolis cultural center, which is popular with both locals and tourists.”

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