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Zoning for commercial area in District 22 received final approval
2010.08.26.
Budapest, August 26, 2010 – The zoning for CBS Property’s 33 ha site along the riverbank of the Danube, near the junction of M0 and main road 6 has received its final approval at the August council meeting of Budapest.
The approval was preceded by a tri-party agreement between Budapest Municipality, District 22 Municipality and CBS Property. The new zoning allows for the development of 210,000 sqm mix-use commercial, office and retail project, besides maintaining the attractive green environment along the riverbank, including a new public park of 66,000 sqm and a bicycle path.
The construction of the new junction at Növény utca has already started.
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