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Founded in 315 BC and named after princess Thessalonike of Macedon, the sister of Alexander the Great, Thessaloniki is a historic city that has developed through the ages. Thanks to its location at the northwest corner of the Aegean Sea, Thessaloniki became a multi-ethnic metropolis. Hellenes, Romans, Ottoman Turks, Slavs and Jews passed through the centuries, leaving their mark on the city's culture and architectural style.
The west coast, including the port of the city, used to be a manufacturing zone and is now uniquely located to spearhead the development of the city and its regeneration into a vibrant regional and international pole. Unfortunately, today the west waterfront area is an underused urban area representing probably one of the most underdeveloped areas of the city. It weakens the city’s image, livability, and productivity. Several past initiatives to facilitate the change towards urban growth and productivity have not been successful. Τhe challenge still remains.
