Exploring Key Aspects of an Integrated Sustainable Urban Development Strategy in Greece: The Case of Thessaloniki City

Even though efforts have been made in recent decades to revive urban areas in the European Union (EU), the contemporary challenges that mostly large cities face require continuous support and adjustments in urban policies. Under the EU Cohesion Policy for the 2014–2020 programming period, the integrated territorial development of various specific areas is pursued by the Integrated Territorial Investments (ITI). In Greece, many of these programs concern Integrated Sustainable Urban Development Strategies (ISUDSs). One of these is the ISUDS of Thessaloniki, which is perhaps the most complex in terms of management and implementation in Greece, mainly due to the chosen managerial approach and the size of Thessaloniki, the second largest city in the country. Thessaloniki’s ISUDS is managed by the Urban Authority (UA), which has already evolved into a separate model of metropolitan governance administration. The aim of this paper is to identify the determinants in its design and implementation, as well as the effects of the strategy on urban development through the assessment of its strengths and weaknesses, as well as the opportunities and prospects of strategy through the Delphi approach.