Greek architecture firm Erosion Architects has been awarded a contract to design the tallest tower in Athens.
The €30 million ($40 million) project will be built on the site of the old Athens City Hall.
Erosions is a collaboration between Eros, a company owned by Greek billionaire Yannis Varoufakis, and Piazza Architecture, a New York-based firm.
The tower is the tallest structure in Athens and has a total height of 1,726 meters (4,813 feet), according to the Athens City Council.
“It is an unprecedented achievement in the field of architecture, and we are proud of it,” Eros’ CEO Alexi Petras told The Associated Press.
“The project is an achievement of a new kind in the Greek architecture industry and will have an impact on the entire landscape.”
The company, which is based in Athens, was founded in 2013 and works in a number of European countries, including Spain, Italy, Germany, France, Switzerland, Portugal, Ukraine, and Belgium.