Athens Concert Hall project

Promoter – Financial Intermediary

Athens Concert Hall Organisation (OMMA)
Contact: Mr Manolopoulos

Location

• Greece

Description

The proposed project consists of the study, design, construction and equipping of a number of multi-purpose halls with associated service spaces, a banqueting hall with associated service and foyer spaces, a Music Library, congress and commercial facilities, underground parking as well as appropriate technical, sound and light equipment for venues of such nature. Adaptations and additions to the current building are also included in the project to ensure its integration to the new construction. The project includes an underground link with the near-by Metro station thus ensuring safe access to the public transport network.

Objectives

The Athens Concert Hall is a modern cultural and educational point of reference to the Athens metropolitan area. The extension of the current Concert Hall by the project under consideration will offer a unique asset in line with metropolitan Athens’ rich cultural heritage. The project also includes the underground link of the Athens Concert Hall with the nearby station of the Athens Metro, which in essence will lead to substantial time savings for visitors and spectators and significantly reduce the use of private car/taxi alternatives which continuously contributes to major traffic problems in the area.

Comments

Regional Development and improvement of the Urban Environment and Human Capital.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

Up to EUR 150 m.

Total cost (Approximate amount)

Estimated at EUR 300 m.

Environmental aspects

The Bank requires of the Promoter to fully comply will all relevant EU legislation in the field of the environment.

Procurement

The Bank requires of the Promoter to fully comply with the provisions of the relevant EU procurement legislation.

Status

Signed - 29/12/2003