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Cordia has launched its latest large-scale urban rehabilitation development in Budapest. The Marina City project spans 1.2 kilometres of direct Danube bank, where the company will create a waterfront, multifunctional promenade and 90,000 sqm of car-free green space.

“It has been our vision to make perhaps the greatest asset of our city, the Danube riverbank, directly accessible to the people of Budapest in a dignified manner, without the sight and noise of cars, in an exciting and varied form. These will be unique homes where residents can wake up every day as if on a waterfront vacation, rejuvenated by the wonderful view of the Danube and the Buda hills. This will be a place where we can breathe in the fresh air from the Danube Bend and feel free at every moment. It will also be a place where buildings have zero local carbon emissions and exceed the strictest, most forward-looking energy requirements. We envisioned a neighbourhood that provides all services locally, from which the city centre can be reached by metro within minutes, and where cars are underground. We envisioned a development where the Danube Bank and the panorama are permanent, and the buildings represent eternal value. An exemplary, forward-looking, free, modern, smart, and green and blue city vision set us on the path of creation once again,” Gábor Futó, co-founder of the Futureal Group, said at the cornerstone-laying ceremony of Marina City today. Dr. József Tóth, the Mayor of the 13th District, was also present and gave a speech.

Read the full article at CIJEurope.com, here.