Foundation Works Begin for Panathinaikos’ New Stadium in Athens

Photo source: Athens Municipality

With 90 percent of excavations completed, foundation works for Panathinaikos’ new 38,500-seat football stadium and sports complex in the Athens suburb of Votanikos are set to begin.

Panathinaikos, one of Athens’ most historic football clubs, is moving closer to a long-awaited home. Marking the start of foundation works, Athens Mayor Haris Doukas visited the construction site on Monday, highlighting the project’s significance.

“Panathinaikos was founded on February 3, 1908, and today, 117 years later, we are witnessing history being made,” Doukas said. “The team’s new football stadium is finally becoming a reality, with foundation works beginning today.”

Progress and key developments

Photo source: Athens Municipality

The process of securing building permits is fully underway, following recent modifications to the original architectural plans to include an Olympic-sized swimming pool. Additionally, the surrounding landscaping, road network, and infrastructure are progressing, with extensive works set to begin in the coming days.

“The new sports facilities, green spaces, and roadworks are moving forward rapidly,” Mayor Doukas noted. “We are committed to delivering a project that will inspire Panathinaikos fans and enhance the city’s urban landscape.”

Athens Mayor Haris Doukas (second from right). Photo source: Athens Municipality

To mark the launch of foundation works, Panathinaikos Athletic Association President Panagiotis Malakates and Panathinaikos Football Club President Ioannis Alafouzos visited the site.

Representing the construction consortium TERNA – MYTILINEOS – AKTOR, several executives attended the foundation laying, including TERNA CEO Christos Panagiotopoulos, INTRAKAT Vice President Anastasios Aranitis, and METKA ATE Vice President & CEO Dinos Benroubi.