February 7, 2023

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Fix Factory: Demolition will begin next month

100% of the FIX has now been transferred to DIMAND, as within the next month the well-known real estate developer has begun the demolition of unprotected buildings, therefore, an investment of 130-150 million euros will be floated, in order to capitalize on this distinguished industrial heritage of Thessaloniki.

This important specimen of industrial architecture but also a part of the industrial history of the city (the production process ceased forever in 1983), left for decades to the erosion of time and the work of vandals, will finally become. After saving several preserved buildings on an area of ​​5,000 square meters, they will be restored.

But then the property will take life from the uses that will be given to the new buildings that will be constructed in the area that will be freed from the removal of unprotected and uninteresting buildings.

As makthes.gr said, mr. Nikos DemetsasGeneral Manager of Investments in DIMAND, subsidiary companyMAE movie It bought and pre-approved the entire property of about 23 acres (including from the Zafirides and Parisi families), while, within a month, the demolition of unprotected buildings (including mainly old warehouses) would begin.

It is noteworthy that the Municipal Council of Thessaloniki (Decision 11/28/2022) amended the zoning plan in the area of ​​the former FIX factory, at the request of the owners, but also in line with the provisions of the revised amendment. GIS of the Municipality of Thessaloniki.

Salvage and commercial exploitation

This opens the way to saving FIX through the commercialization of the property. The property will be built at 2.4% without interfering of course with the preserved parts and the surrounding protected area.

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It is estimated that the new building will provide a total of about 30,000 square metres, which will receive mixed uses such as for example offices – commercial areas – shops – hospitality areas – hotel.

Total investment in FIXfrom the 100 million euros that were initially calculated, Its budget is now between 130-150 million euros, Since then, Mr. Demitsas said, the costs of restoration and use have increased.

the The project from theub 26 ‘

Meanwhile, construction of “Hub 26,” the green business center being built for DIMAND by TERNA, at 26th Street, is progressing rapidly.to her October and diagonally vs. the FIX property.

This great development that has been carried out by “heavenly investment (DIMAND and PRODEA), has grown in size after acquiring an adjacent plot of land. As a result, in the mixed-use complex, construction is increasing, as is the amount of investment, which has increased from 35 million euros to 49 million euros.

On this additional property of approximately 1.5 acres, which is incorporated into the project, another building will be erected which will also be part of the “Hub 26” building complex.

Most of this new business park, which is being constructed at the western entrance of Thessaloniki, will be ready at the end of 2023, while a smaller part may be delivered a little later, in 2024.

The sustainable business center will have an overhead structure of 20,000 square metres, while with underground parking and auxiliary underground spaces created on two levels, the total area will be 30,600 square metres.

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100% of the FIX has now been transferred to DIMAND, as within the next month the well-known real estate developer has begun the demolition of unprotected buildings, therefore, an investment of 130-150 million euros will be floated, in order to capitalize on this distinguished industrial heritage of Thessaloniki.

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This important specimen of industrial architecture but also a part of the industrial history of the city (the production process ceased forever in 1983), left for decades to the erosion of time and the work of vandals, will finally become. After saving several preserved buildings on an area of ​​5,000 square meters, they will be restored.

But then the property will take life from the uses that will be given to the new buildings that will be constructed in the area that will be freed from the removal of unprotected and uninteresting buildings.

As makthes.gr said, mr. Nikos DemetsasGeneral Manager of Investments in DIMAND, subsidiary companyMAE movie It bought and pre-approved the entire property of about 23 acres (including from the Zafirides and Parisi families), while, within a month, the demolition of unprotected buildings (including mainly old warehouses) would begin.

It is noteworthy that the Municipal Council of Thessaloniki (Decision 11/28/2022) amended the zoning plan in the area of ​​the former FIX factory, at the request of the owners, but also in line with the provisions of the revised amendment. GIS of the Municipality of Thessaloniki.

Salvage and commercial exploitation

This opens the way to saving FIX through the commercialization of the property. The property will be built at 2.4% without interfering of course with the preserved parts and the surrounding protected area.

It is estimated that the new building will provide a total of about 30,000 square metres, which will receive mixed uses such as for example offices – commercial areas – shops – hospitality areas – hotel.

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Total investment in FIXfrom the 100 million euros that were initially calculated, Its budget is now between 130-150 million euros, Since then, Mr. Demitsas said, the costs of restoration and use have increased.

the The project from theub 26 ‘

Meanwhile, construction of “Hub 26,” the green business center being built for DIMAND by TERNA, at 26th Street, is progressing rapidly.to her October and diagonally vs. the FIX property.

This great development that has been carried out by “heavenly investment (DIMAND and PRODEA), has grown in size after acquiring an adjacent plot of land. As a result, in the mixed-use complex, construction is increasing, as is the amount of investment, which has increased from 35 million euros to 49 million euros.

On this additional property of approximately 1.5 acres, which is incorporated into the project, another building will be erected which will also be part of the “Hub 26” building complex.

Most of this new business park, which is being constructed at the western entrance of Thessaloniki, will be ready at the end of 2023, while a smaller part may be delivered a little later, in 2024.

The sustainable business center will have an overhead structure of 20,000 square metres, while with underground parking and auxiliary underground spaces created on two levels, the total area will be 30,600 square metres.