Giannis Moralis: 'The new Karaiskakis will upgrade all of Piraeus'
Translated from Greek, summarized and contextualized by DistantNews.
At a glance
- Piraeus Mayor Giannis Moralis expressed optimism about the new Georgios Karaiskakis stadium, awaiting government legislative action on stadium height.
- The project, a private investment of 250 million euros, will also upgrade the surrounding area and could host major events.
- Construction is slated to begin in May and take two years, with the stadium expected to elevate the city's profile.
Piraeus Mayor Giannis Moralis is highly optimistic about the redevelopment of the Georgios Karaiskakis stadium, viewing it as a project that will significantly enhance the entire city. He is urging the government to proceed with the necessary legislative adjustments, specifically concerning the stadium's permitted height.
I am very optimistic, because the permanent question from Olympiacos fans is whether the stadium will be built. Beyond what the Municipality must do, a legislative adjustment from the government is also needed concerning the height of the new stadium.
"I am very optimistic, because the permanent question from Olympiacos fans is whether the stadium will be built," Moralis stated in an interview with "Koinonia Ora Mega." He clarified that Olympiacos is not seeking funds or urban planning changes, but rather an increase in stadium height and an extension of the concession from the Hellenic Olympic Committee. "This is a minor request within a 250 million euro private investment," he added.
The project promises more than just a new stadium; it includes upgrades to the surrounding environment, beautifying the city's entrance and enabling it to host national team matches and other events. The potential exists to host a Europa League final, with private capital also driving the revitalization of the adjacent areas.
Olympiacos is not asking for money, it is not asking for urban planning changes. It is simply asking for an increase in the stadium's height and an extension of the concession from the Hellenic Olympic Committee. This is a minor request within a 250 million euro private investment.
"We saw the most beautiful stadium in the most beautiful theater in the country," Moralis remarked, referencing the quality of the planned facility. He confirmed that based on his communication with Mr. Marinakis, construction is expected to commence in May and the new stadium should be ready within two years. "A stadium like this will generally elevate our city, and we are happy about that," he concluded.
We saw the most beautiful stadium in the most beautiful theater in the country. It is a private project, but through my contact with Mr. Marinakis, the information is that the works will start in May and in two years the new stadium will be ready. A stadium like this will generally elevate our city, and we are happy about that.
Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.