Green Court Office Topped-out

Office Market

Regional developer Codic has celebrated the topping out of the 20,000 sqm Green Court Office, located in the ever popular Váci Corridor. The complex has also been awarded interim BREEAM “Excellent” certification. The project is being developed in partnership with the Hungarian residential builder Pesti Házak and Swiss investment company Picton Group.

Green Court Office

“In recent months, despite the pandemic situation, work has progressed at full steam. Thanks to this and the hard work of an average of 100 people a day, the implementation of Green Court Office is proceeding as planned,” says Codic.

“The mixed-function development pays special attention to the creation of urban ecological values and the application of environmentally conscious solutions. Located by Kassák Park, 65% of the office areas in Green Court Office have already been leased, showing undiminished demand for prime buildings,” the company adds.

Christophe Boving, CEO of Codic Hungary, explains “Green Court is a prime, new generation development: an innovative concept of four buildings set around a large green, inner courtyard, accessible from four sides. We are committed to ensure that the recent interim BREEAM ‘Excellent’ rating Green Court Office obtained will be granted again at completion of the building.”

Electric car charging stations have been installed in the underground garage and on the ground floor, in addition to 100 plus bicycle parking racks with changing rooms and showers.

The complex is going ahead despite concerns early in the pandemic that the coronavirus crisis would put a stop to, or significantly delay, progress in construction projects. However, most Budapest office projects are progressing as planned, according to developers.

In the current market environment, developers do need to work more closely with architects and constructors throughout the project, however.

Huge Challenge

“Constructing an office building, especially such an environmentally conscious green office building, is always a huge challenge,” comments Zoltán Sáray, CEO of KÉSZ, the constructor of the project.

“From the first moment of construction, our job is to keep the needs of the investor and future occupiers in mind and try to construct the most modern and most comfortable building. Although the building is not finished yet, the team has done an excellent job, which is greatly enhanced by our exemplary cooperation with Codic Hungary,” Sáray adds.

According to Codic, the design of the complex not only focused on energy-saving, environmentally conscious solutions, but also paid increased attention to creating a healthy work environment as well.

“Codic is looking into the introduction of custom technical solutions, such as placing a sterilization filter in the mechanical system and implementing contactless access from the main entrance to the work stations,” Sáray explains.

“A full height glass façade with an area of 6,800 sqm, ensures as much natural light in the office as possible,” he adds. The implementation of such technical features has resulted in a 20% increase in development costs, according to Codic.

The complex has been penned by Miklós Dombi and Tamás Pintér from DPi design Kft. “The design process is about co-creation. During the preparation and planning, dozens of engineers, architects, real estate developers, the chief architect and members of the design council worked for a common goal: to create a positive, healthy and humane environment for prospective employees,” concludes co-founder Pintér.

Green Court is scheduled for completion at the end of 2021.

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