On September 2, 2016, a bust of the Odessa mayor and the famous philanthropist Grigory Grigoryevich Marazli was inaugurated. The architect Vladimir Glazyrin and sculptor Ilya Iliadi are the authors of the bust, which was cast in bronze and mounted on a granite pedestal. The monument was commissioned by the Odessa Greek community. The main sponsor is the founder of the construction company «Gefest» Pantelis Bumburas.
Thus, it was organized a movement of transport through the Greek Square: dismantled concrete blocks, repaired granite pavement tiles and installed decorative metal fencing.