Rua Augusta

The building is located on the most historic and central street of Heraklion, 25th August Street. It was constructed in 1911 by the Ionian Bank and functioned as a bank branch for more than a century. It represents a characteristic example of eclecticist architecture with an academic character. Its façades follow faithfully the principles of neoclassical architecture, maintaining strict symmetry on all sides.The building was listed as preserved only in terms of its exterior façades. Internally, its character had been completely altered over time, and since no original drawings were found, its initial configuration remains unknown. Our aim was to conserve and renew the façades, while at the same time creating new interior spaces that would remain in harmony with the architectural language of the exterior.The new entrance was designed to convey a sense of grandeur. The floor was finished in marble with a classical motif, while wooden paneling on both sides shapes a gallery-like corridor. Today, this space exhibits eight paintings that narrate the story of 25th August Street, also known as “Odos Planis.” In the postwar years, the street was home to seven hotels; each is depicted in an individual painting, while an eighth canvas presents the entire street. Correspondingly, seven apartments were created within the building, each named after one of these historic hotels.On the ground floor, four apartments with internal lofts were designed, making use of the generous ceiling height. On the upper floor, which also features high ceilings, three larger apartments were organized. Most units include two bedrooms and two bathrooms, ensuring privacy for residents.In the interior design, we sought to combine the timeless elegance of neoclassical architecture with selected 20th-century furniture. Wooden parquet floors were laid in a herringbone pattern, while the walls were clad with off-white wooden paneling. The ceilings were enriched with plaster motifs inspired by neoclassical precedents.In the basement, the old bank vault was preserved and repurposed as a meeting room, retaining its impressive steel door and the original safe deposit boxes. The same level also accommodates a contemporary gym.Finally, the rooftop was transformed into a relaxation area with sunbeds and lounge chairs, offering unique views of Heraklion’s harbor. In this way, the building acquires a new use and identity, while remaining in dialogue with its historic heritage.