Mixed-Use Tower (MUT), The Ellinikon Commercial Hub

Development of a 150m-high tower, the tallest commercial building in Greece

Mixed-Use Tower (MUT), The Ellinikon Commercial Hub
Client
Aedas / Lamda Development
Location
Athens, Greece
Project Dates
2021 - 2023
Office
Focal Middle East
Core Services Provided

About the project

The Mixed-Use Tower is part of the Ellinikon redevelopment, the largest urban redevelopment Programme in Europe. The tallest commercial building in Greece, boasting stunning views of Ellinikon Park and the Athens Riviera. This tower is committed to achieving the highest international green standards under LEED certification and provides a blend of leisure and versatility.

The Project involves the development of a 150m high Mixed-Use Tower, encompassing A+ category high-end Office (25.000 m2 GBA) compliant with both LEED and WELL standards, a 200 room Hotel (29.000 m2 GBA) and Branded Residence (44.000 m2 GBA) uses, with a total GBA of 98.000 m2, as well as extensive open spaces. The Mixed-Use Tower will serve as a world-class architectural landmark.

Focal undertook the role of Cost Consultant on behalf of the Lead Designer of the Project. Throughout the project’s design phases, Focal was in constant collaboration with the Design team for the incorporation of cost-effective solutions to the design and for the collection of the design information / quantities required for the population of each phase’s Cost Plan / Estimate, which was in accordance with the elemental method of the RICS NRM New Rules of Measurement.
The Cost Plan / Estimate followed the evolution of the design, with increasing levels of cost certainty as greater detail of the design proposal was being developed during successive Design Stages. The provided quantities followed the design’s maturity, ranging from area schedules to analytical component quantities. Generally, quantities were provided either by extraction from the BIM models, measurement from drawings & diagrams, or calculation through applicable ratios / formulas. Unit rates were obtained either by benchmarking (for elements that were not adequately quantified at a certain stage) or extensive market testing in order to obtain up-to-date costs.