Shinaria
I think this development is pure speculation, I spent ages searching on the internet for this and could only find it on the Properties in Greece web site. The 'town plan' has been in the public domain for the last 15 years and apparently when KretaEiendon (Plakias Panorama) were looking to move down here they assumed all the roads were already there. This development which appears to be only apartments is based on the plans and is not going to happen. I've been told it will more likely be a couple of hotels (Grecotel being one) and then more housing.
It's a really shame it's being developed but the local community do need more money coming in for them to survive.
Ali