Codic International, the Brussels-based developer, announced that construction has commenced on the office component of Green Court, their latest mixed-use development to be realized in partnership with the Hungarian Pesti Házak and the Austrian Venta Group. The project is located in Budapest on Dózsa György út, the new focus point of the inner Váci corridor. The project incorporates Green Court Office, a 21,000 sqm GLA office development, and Green Court Residences, comprising two residential buildings with 275 apartments. The apartments will be occupied by the end of this year, and the office project is scheduled to be handed over in 2020 Q4. Colliers International and Jones Lang LaSalle have been appointed co-exclusive leasing agents for the office development.
Codic is renowned in Budapest as the developer of the successful 17,000 sqm GLA Krisztina Palace, completed in 2010. More recently, Codic has developed several prime buildings in its core business markets, including the Gateway and Passport Offices at Brussel National Airport, the high-end Royal-Hamilius development in the city center of Luxemburg, and the iconic Resonance and Network buildings in Paris.
Green Court is designed to promote harmony and balance to its occupants. The mix of office and residential uses, strengthened by over 1,700 sq.m GLA of common service retail, creates an unheralded work-life balance in Budapest.
The combination of its prominent internal garden, the large terraces on each office floor and the adjoining Kassák park, provide this city-center project an unrivalled connection to its natural, green environment.
The seven-storey Green Court Office development, just a few minutes' walk away from the M3 metro, bus and tram stops, has large and efficient floor plates, each with access to private terraces overlooking the spacious inner green park. The three basement levels accommodate 300 cars and more than 100 bicycles as well as changing and shower facilities. [...]Download