The two groups held an event yesterday to signal the beginning of the partnership, with the integrated resort and casino to be located in the iconic area of the Athens Riviera.
The venue will combine a five-star luxury hotel, a gaming floor, and a premier meeting and convention space, as well as internationally renowned food and beverage and a high-end retail promenade.
“We are thrilled to announce the partnership with GEK TERNA Group and further expand Hard Rock’s reach across the globe in the great city of Athens,” said Hard Rock International Chairman Jim Allen.
“This development will bring over 3,000 jobs to the people of Greece and we look forward to bringing our unique brand of entertainment to provide an unparalleled experience for guests of all ages.”
The casino will comprise 200 tables and 2,000 gaming machines, while the venue will include a tower that consists of over 1,000 guest rooms and suites that will overlook the waterfront or the Parthenon.
Construction of the project is expected to begin within the first few months of 2023, and will last around three years.
GEK TERNA Group Chairman and CEO George Peristeris commented: “This development will create a premium tourism spot, expected to offer employment to thousands of people, yield significant revenues to the public sector, and add value to Greece’s brand.
“Along with Hard Rock we are realising a private investment of over 1 billion euros, reaffirming our trust in Greece's prospects and potential.”