The construction of the new Panathinaikos stadium in Votanikos is part of one of the largest and most ambitious urban interventions currently being implemented in the capital. The project is expected to radically transform the Votanikos area, creating a modern urban hub that integrates sports, culture, green spaces, and economic activity.

Panathinaikos Athletic Club, one of the most historic sports clubs in Greece, was founded on February 3, 1908, and constitutes an integral part of Athens’ athletic and social history. Today, the city is moving forward with a project of pivotal importance, linking its sporting heritage with contemporary urban development.

Construction works on the new football stadium are progressing at a rapid pace, with completion targeted for May 2027. The project is being carried out by the TERNA – MYTILINEOS – AKTOR consortium, while full funding has been secured through the Public Investment Programme.

The Mayor of Athens, Haris Doukas, stated: “We are creating a new green lung in Votanikos, together with Panathinaikos’ two stadiums — the football stadium and the amateur sports facilities. It will be one and a half times larger than the National Garden and will include ten rain gardens, through which rainwater will be redirected. I would like to warmly thank all municipal services and the competent bodies that contributed decisively to achieving immediate results within a particularly short timeframe. This is a commitment we undertook and are implementing without deviation.”

New Stadium in Votanikos – Capacity and Technical Specifications

The new football stadium will have a capacity of 38,500 seats, with the possibility of expansion up to 40,000 seats, and will meet FIFA and UEFA four-star international standards.

Its facilities will include:

• 1,300 seats in suites,
• 325 underground parking spaces,
• seven commercial retail units, creating a modern and functional sports complex meeting European standards.

Panathinaikos Amateur Sports Facilities and Municipality of Athens Facilities:

In parallel, sports facilities for Panathinaikos Amateur Sports Club will be developed in Votanikos. These facilities will include:

• A central indoor arena with a capacity of 3,100 seats for volleyball, basketball, futsal, wheelchair basketball, handball, and artistic gymnastics.
• An outdoor Olympic-size swimming pool with a canopy and a capacity of 500 seats, for swimming, diving, and water polo. The swimming pool study has been modified so that it is located within the building line.
• A 200-seat indoor training facility for team sports.
• An underground parking area with 125 spaces.
• Club offices, a boutique, a café, and a restaurant.

The Municipality of Athens facilities, with a total built area of 4,800 sq.m., will include a handball, basketball, and volleyball hall, a multi-purpose training hall, a strength training room, a refreshment area, and outdoor 5×5 football and beach volleyball courts.

The Double Redevelopment

The project constitutes a core pillar of the Double Redevelopment of Votanikos – Alexandras Avenue, which provides for:

• the construction of the new stadium in Votanikos,
•  the conversion of the Alexandras Avenue site into an 18-acre green and recreation area,
• the creation of a Panathinaikos sports museum and a club lounge, and an underground parking facility with up to 700 parking space.