DALLAS, Feb. 16, 2022 /PRNewswire/ -- Mace and
Jacobs, acting as a joint venture, have been appointed as overall
Program Management Consultant and Project Management Consultant for
Buildings by Hellinikon S.A., a subsidiary of LAMDA Development
S.A. for the regeneration of the former Athens airport and the neighboring coastal
front, Ellinikon. This project constitutes one of the greatest
urban regeneration projects in Europe, and the largest urban regeneration
investment ever in Greece.
At the heart of The Ellinikon development lies the two million
square meter Metropolitan Park, which is expected to become a
significant green area in Athens
and one of the largest coastal parks in the world. The project
consists of an integrated urban development model that will combine
the area's natural beauty and unique inherent characteristics with
landmark buildings and state-of-the-art infrastructure. Throughout
the project, climate-positive design will reduce energy use,
increase energy efficiency and minimize carbon emissions. The
development will also promote biodiversity and active travel and be
served by electric vehicle facilities.
The project is expected to attract at least 1 million new
tourists a year and substantially contribute to repositioning
Athens as one of the world's
premier tourist destinations. The scheme also has a major social
value contribution through the creation of an estimated 10,000 jobs
during the construction period and 75,000 jobs (IOBE study,
July 2016) during its maturity.
The Mace Jacobs joint venture will manage the overall Program
and lead the delivery of the buildings portfolio, which includes
iconic structures such as the first high rise residential project
in Athens, a landmark mall
complex, luxury retail development and modern office space.
Together, Mace and Jacobs draw on decades of international
experience in the management of large-scale programs and projects
of significant economic value and complexity. As joint venture
partners, the two firms will leverage their joint capability on the
delivery of major legacy programs, such as the London 2012 Olympics and Paralympic Games and
Expo 2020 Dubai, in addition to bringing economic and social
benefits and transformation for local communities through jobs
creation.
Jacobs brings extensive project and program management
consultancy experience from major programs around the world,
including Crossrail in the U.K. and the FIFA World Cup Qatar
2022™, as well as city transformation programs
such as the Edinburgh City Centre Transformation and Aurangabad
Industrial City in India.
Mace will contribute with its extensive track record from mega
developments including One Za'abeel and The Opera District in the
UAE, alongside other major global infrastructure, and legacy
developments such as the infrastructure reconstruction program in
Peru and HS2 London Euston Station
in the U.K.
"Lamda is looking forward to capitalize on the expertise of Mace
and Jacobs to provide overall Program Management Consultancy to The
Ellinikon and assist our team in turning this great vision into
reality. The joint talent and experience of Lamda and Mace Jacobs
will ensure a successful timely delivery of a green, sustainable
and smart city with excellent quality of life, exceptional landmark
buildings and properties, while transferring knowledge, know-how
and new construction techniques to the Greek market over the coming
years," said Lamda Development CEO Odisseas
Athanasiou.
"The Ellinikon is a landmark development for integrated
sustainable living, and an exciting investment that will bring
people to the area to work, socialize and vacation," said Jacobs
People & Places Solutions Senior Vice President Europe and
Digital Strategies Donald Morrison. "Our people bring extensive
integrated project management and delivery experience in global
re-development programs to support this exceptional opportunity to
build a new Greek city. We will be working closely with the local
supply chain in Greece to bring
The Ellinikon vision to life and help grow career opportunities for
local citizens in high-skilled jobs."
"We are delighted to join forces with Jacobs and let our
talented teams turn LAMDA's vision of The Ellinikon into reality,"
said Mace Consult CEO and Mace Group Board Member, Jason Millett. "Our consultants bring decades of
passion, innovation and hands-on delivery experience from around
the world, and this is one of the most exciting urban regeneration
projects that Europe has ever
seen. As a pioneering luxury destination, The Ellinikon will
substantially contribute to the repositioning of Athens and help shape the future of
Greece as a world-leading tourist
destination."
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic,
including the emergence and spread of variants of COVID-19, the
efficacy and availability of vaccines and treatments, and the
related reaction of governments on global and regional market
conditions and the company's business. For a description of some
additional factors that may occur that could cause actual results
to differ from our forward-looking statements, see the discussions
contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 -
Legal Proceedings; and Item 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations in our
most recently filed Annual Report on Form 10-K, ,and Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Item 1 - Legal Proceedings; and Item 1A -
Risk Factors in our most recently filed Quarterly Report on Form
10-Q,, as well as the company's other filings with the Securities
and Exchange Commission. The company is not under any duty to
update any of the forward-looking statements after the date of this
press release to conform to actual results, except as required by
applicable law.
For press/media inquiries:
Jacobs:
Kerrie
Sparks
1.214.583.8433
Mace:
Mace Media Line
44.20.3824.3600
E: media@macegroup.com
About Jacobs
At Jacobs (NYSE:J), we're challenging today to reinvent tomorrow
by solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific and project delivery for the government and private
sector. Visit jacobs.com and connect with Jacobs on
Facebook, Instagram, LinkedIn and Twitter.
About Mace
Mace is a global company of experts in shaping and making the
built environment. It provides development, consulting,
construction and operations services for many of the ' 'world's
most inspiring building and infrastructure projects and programs –
from Olympic parks and iconic skyscrapers to state-of-the-art data
centers, schools, hospitals and homes.
The privately-owned company, headquartered in London, U.K., has an annual turnover of £1.8
billion. Over 30 years, its growth has been fueled by an
adventurous spirit and the relentless pursuit of a better way.
Today, the company employs over 6,000 people across five global
hubs in Europe, Middle East and North Africa, the Americas, Sub Saharan Africa
and Asia Pacific.
Mace is driven by its purpose to redefine the boundaries of
ambition, and its vision of leading the way to a more connected,
resilient and sustainable world. Find out more at
www.macegroup.com
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SOURCE Jacobs