The present diplomatic work concerns the urban renewall of University Square in Volos, and also two at both sides building squares , in combination with the appointment of the academic building of the tobacco industry Matsaggou, where will be entertained the Department of Economic Sciences of University of Thessaly.

 The University Square is found in the center of the city. The limits of the plot are the busy pedestrian shopping street of Ermou, the mainer exit road artery of the city and the roads Dimitriados, Iolkou, and Koutarelia. The particular square was created, on the one side, in order to elect the historical building of the tobacco industry Matsaggou, and on the other side, in order to enlarge the horizon of the city, with its public use.

 Stimulus for the development of this thesis was the fact that the specific location, situated in the heart of the city and possessing a completely important position in it, is offered for a wider reformation. The result will be the cover of the wider - multidimensional needs. The aim is to create a multifunctional space, which, on the one hand, will be able to cover the minor housing needs by offering modern labour spaces, offices, small residences and on the other hand, will also strengthen the cultural activity of the city with the foundation of a modern museum and halls of events- projections.  At the same time, through gestures and infrustuctures, the aim is to encourage and serve soft sport activities, walks, events and attitudes as well as the relaxation of citizens of all social groups, without discrimination, via a harmonious and functional coexistence. There is the ambition, the square to be developed in a space with double substance, through a planned configuration. On the one hand any daily - normal behaviors can be received and on the other, they can be shaped in a peculiar way, creating new challenges and stimulus, encouraging social intercourse and spontaneous activities, regardless of the dense layout. By bringing together traces of memories of the past and the necessities arising from the daily routine, should constitute a vital pole of attraction, a benchmark for the future, which will determine the character of the city and will be the strongest landmark. Having the advantage of adjacency to the University, can be developed into a small town, into the whole city. There, not only the usual social activities will take place, but also the diversity will be encouraged, will be revealed unexpected and surprises, and new behaviors and habits will be formed.  Success will be the development in a new setting, which will entertain a collection of alternating images and experiences, that will enrich unique the mind and delight the soul.