Another myth of the so-called pro-investment Mitsotakis government is collapsing with a wave days before the election, as commitments around the projects in Greek they stayed in the air.
According to research by Data Journalistswho tried to measure the progress of the work at Elliniko by flying a drone over the old airport, “the result of the surveillance today is disappointing not only for those who were convinced by the assurances (of the government) of the time but also for those who follow the selective information, mainly of an advertising nature, which from time to time allows “Lamda Development.
According to them, much of the area remains the same and unchanged from when the airport was in operation as “hundreds of meters of tarmac runways are preserved, so much so that even today a small plane could land”.
The same research specifies that “the deep excavations necessary for their removal have made little progress”.
Also “on the south side, towards Glyfada, the work to remove the runways as well as the thick layer of cement which formed aircraft parking areas of several hundred hectares, is progressing with characteristic slowness”.
They characteristically portray the image of a “lonely” bulldozer which, “struggled to break through the hard crust of concrete”.
“Even more telling is the comparison of our own drone footage with that included in a Drone Views/Zisimos Zizos Youtube channel video, filmed eight months ago in August 2022. By then the machines had broken the concrete on the south side of the area but after so long the only thing that has changed is that the rubble was just removed which is now being transported to an area in front of the old eastern airport and transformed into inert materials on the spot” report the investigative journalists.
They add that in this way “the investor saves significant costs which would be necessary to transport the materials. The result, however, is that a large part of the “big park” of tomorrow has been transformed into a deposit of hills of earth and gravel of varying composition,” they note.
The real picture of the works
The scientists who spoke to the Data Journalists claim that the image of the projects shows that we are at “the beginning of the initial phase” and add that “the only project in which an obvious movement is actually recorded is that of the burial of the coastal avenue over a length of 1.5 km. This is a 50 million euro project, which is also in the initial phase, even if Mr. Athanasiou speaks of the construction of “about 50 % of the excavations and 25% of the concreting”.
Its construction was aided by the demolition of dozens of buildings at the old West Airport, which began while Elliniko was still state-owned, before Lamda paid the first installment of the price. In any case, when the project is finished, it will correspond to 0.625% of the total investment that Lamda brings to 8 billion euros”.
It should be noted that investigative journalists believe that another reason why the burial of the promenade is the only project that seems to be progressing is the fact that “next door is the site of the old center sports Agios Kosmas where plots of land are now being sold for villas”.
“Desert steppe” the metropolitan park area
Equally disappointing is recorded in the heart of the zone, where the metropolitan park will be formed, data journalists report, noting that images of “desert steppe” are recorded with the sole exception of the southern zone where, based on the old Olympic facilities, a Sports Center will be created. One of the rare earthworks detected by the lens concerns the formation of a branch of the Trahona stream which descends parallel to Alimos but which will also pass through the developments.
“The thousands of trees that sprouted in the blink of an eye in Lamda’s advertisements are left untouched, without even their absence being compensated for by the constructor’s cranes,” they comment.
In conclusion, the authors of the research point out that “none of the images of Elliniko refer to the ‘feverish rhythms’ that the CEO of Lamda Development talks about”.
“The project does not work”
According to the big survey “the capitalization of Lamda Development rises slightly above 1 billion euros, of which the share of the high of 6.52 euros on February 28 fell to 5.7 euros”.
However, as they explain, “it is not the only one, although it is indicative of how the market is discounting the problem project of Lamda Development which has pledged to ‘manage’ Hellinikon and the ” kukias,” dates and times are not out. The project is not moving forward, at least at the expected paces and expectations that had been cultivated by its management, senior market executives say.