Rezideo Plans a 300-Home Residential Development

FLOW PR supports Rezideo, a residential real estate developer, in communicating its latest large-scale urban regeneration project in Budapest’s 4th district, Újpest.

Rezideo plans to develop a 310-apartment residential complex near the Városkapu area of Újpest, transforming an underused former office and warehouse site into a modern, liveable urban neighbourhood. The project aligns with the criteria of Hungary’s Otthon Start Programme, aiming to provide affordable, high-quality housing solutions in a well-connected part of the capital .

The planned development will feature a diverse mix of apartment sizes, ranging from compact studios of 30–35 sqm to 2–3 bedroom family homes of up to 80 sqm. In total, the project will deliver over 12,600 sqm of new residential space, responding to strong demand on Budapest’s housing market for efficiently designed, competitively priced homes .

Beyond residential use, the complex is designed as a mixed-use development. Ground-floor retail units and renewed office spaces will be integrated into the project, while underground parking facilities will serve residents and visitors. The planned 4–6 storey buildings will remain below the height of nearby panel buildings, ensuring a harmonious fit with the surrounding urban fabric .

A key element of the project is sustainability and liveability. Currently dominated by paved surfaces, the site will undergo a major green transformation: green areas are set to increase to 25% of the total surface, creating a more pleasant microclimate and improving overall quality of life for future residents .

Construction is expected to begin in the second half of 2027, subject to regulatory approval, with full completion planned by 2030. The project reflects Rezideo’s broader strategy of revitalising brownfield and former industrial sites in Budapest, delivering long-term value through sustainable, well-integrated residential developments .

FLOW PR supports Rezideo with strategic communications around the project, ensuring clear positioning of the development’s urban, social and sustainability benefits for both media and wider stakeholders.