Construction Underway on €8 Billion ‘Smart City’

Construction has begun on a “smart city” three times the size of Monaco, which its developers hope will become a prototype for sustainable development across the world. Lamda Development, the Greek developers behind Ellinikon, have called the project “Europe’s largest sustainable smart city.” By this, they mean a city – in this case within another city – that is designed and built with both its inhabitants and the surrounding environment in mind.