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Cordia’s Marina City Project Begins

Residential

The development of the Marina City project, Cordia’s latest urban rehabilitation development, on the Pest side of the Danube has started. Over 2,500 smart apartments will be built after a renewal of the 14-hectare abandoned industrial area on the banks of the Újpest Quay, currently a rust belt zone.

The buildings will broaden upward, meaning higher suites will be more spacious. Most homes will have views of the Buda Hills and the Danube. A wide range of shops, restaurants, full-service facilities, and sports amenities will be available to residents. Construction on a flood protection system with environmentally fitting high embankment has also begun.

“We envisioned a development where the Danube Bank and the panorama are permanent, and the buildings represent eternal value,” said Gábor Futó, co-founder of the Futureal Group (which Cordia belongs to), at the cornerstone-laying ceremony of Marina City.

“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 neighborhood that provides all services locally, from which the city center can be reached by metro within minutes,” said Futó.

Apartments will be energy efficient due to the use of solar panels and air-to-water and ground-source heat pumps, controlled by an intelligent power management system. There will be a proprietary flexible charging operational system for electric vehicles as well.

The company will also create 90,000 sqm of green space so residents can enjoy natural elements. The green space will be car-free as garages and routes of service vehicles will be moved underground.

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