Vouliagmenis Mall Complex (VMC), The Ellinikon Commercial Hub

Greece's lagest Mall. Development of a new building complex, which comprises retail, F&B, entertainment and office spaces.

Vouliagmenis Mall Complex (VMC), The Ellinikon Commercial Hub
Client
Aedas / Lamda Development
Location
Athens, Greece
Project Dates
2021 - 2024
Office
Head Office, Greece
Core Services Provided

About the project

The Vouliagmenis Mall Complex, situated on a plot exceeding 120.000 m2, is part of the Hellinikon redevelopment, currently the largest urban redevelopment Programme in Europe. The Project involves the development of a new building complex, which comprises retail, F&B, entertainment and office spaces. The scheme features extensive landscape areas and offers a Hybrid Mall experience, blending the indoor and outdoor spaces. The total GBA of the Project amounts to 392.000 m2.
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.