News Article Horizon Development builds on Budapest’s Váci Road
by Ákos Budai | Office

Horizon Development has laid the cornerstone for its new office project. Promenade Gardens, located on Budapest’s Váci Road, is expected to be completed in Q4 2017.


The 25,000 sqm office building – with a move-in date of Q1 2018 –is expected to receive a dual environmental certification (LEED Gold, BREEAM Very Good). The flexible office layouts – with above average internal height – are stretched out across large floorplates on 5 floors in 4 towers. The office building’s landscaped internal garden with extensive water surfaces will be created in line with wellbeing criteria.

The project owner of Promenade Gardens is the ERSTE Open-ended Real Estate Investment Fund; the developer is Horizon Development. DVM Design Ltd. is responsible for the areas of design, project management and sustainability consultancy; the general contractor is DVM Construction Ltd.