Duna Terasz is a brownfield residential development situated on the banks of the Danube River in Budapest, District XIII. Originally, a concrete factory operated on this area, extracting gravel from the riverbed, which created an artificial bay named FOKA Bay. Following the political and economic changes in the 1990s, the factory was closed and according to new urban planning regulations this industrial zone was designated for residential developments.
Duna Terasz has a capacity of over 2,750 units. The development started in 2006 and the first stage was finished in 2009. Due to the economic crisis of 2008, activity paused and the next stage resumed in 2017.
Currently (2025), construction of the 4th phase is underway and the design of the final 5th stage is complete, with full completion scheduled for 2028.
As the development is in a former industrial zone, it encompasses not only buildings, but also complete public infrastructure: roads, rainwater drainage, sewage works, water supply, electricity, district heating, and common green areas around the bay.
Metropolis International Ltd., in consortium with Ádám Engineering Office Ltd., provides full project management services to the owners of the property.
Within various sectors of real estate development, we strive to create high-quality buildings tailored to our clients’ needs, managing the entire process from planning through construction to successful completion.
Reliable project management is the secret to successful real estate development
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