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Szervita Square
Szervita Square
Szervita Square

The building

Szervita Square Building is a mixed-use commercial property in downtown Budapest, offering retail and office premises, as well as luxury residential units on 14,900 sqm in an ideal city center setting, from Q2 2019. The modern 12-floor property (7 floors above ground + 5 underground) with its unique shape, lightweight and ethereal structure and soft facade contours connects two public squares – Szervita and Kristóf Square – via a central public passage.

Location

The building is located in the very heart of downtown Budapest, in the immediate vicinity of a traditional retail destination: Váci Street, Vörösmarty Square, Fashion Street, the Váci 1 Building, and several 5-star hotels such as Kempinski and The Ritz Carlton. Deák Square, one of the major transportation and meeting hubs in the city center, is a one-minute walk from Szervita Square. Many services – essential to everyday and business life – are all within walking distance from the building. A large variety of restaurants and coffee shops offer pleasant and convenient options for meetings, business lunches or after-work relaxation. The nearby Erzsébet Square with its seasonally changing, multifunctional social spaces (concert venue, exhibition hall, public park, thematic fairs, bars, restaurants) all contribute to the buzzing outdoor life of downtown Budapest.

Property features

The building features quality spaces with abundant natural light, functional and inviting interiors, flexible layouts, natural proportions and a cosmopolitan ambiance. It offers excellent accessibility and visibility for corporations and premium brands alike, ensuring their maximum brand exposure in the CBD. The developer’s plan to revitalize the entire area will entail the creation of a larger community space and public park on the current plot, seamlessly connecting the building with its surroundings. The park in front will be fully landscaped to compliment the local historic area and enhance the building’s profile, creating a peaceful, green island. The level spacing between different services and functions is an elegant, contemporary solution, contributing to a vivid social sphere in the heart of the city. The centrally located and easily accessible building offers retail units and offices with flexible conditions and fit-out options. Residential units on a total 3,000 sqm will feature a truly unique level of luxury with panoramic views of the Budapest skyline and an exclusive rooftop terrace.

Usage

The building offers a total of 14,900 sqm net leasable area, and will accommodate a combination of functions including 1,100 sqm retail (shops, restaurants and cafés), 6,800 sqm offices and 3,000 sqm luxury residences (for purchase). Whether it is a retail- office- or residential fit-out, the developer will consult the clients for their preferences in space configuration and type of exquisite built-in materials. 300 parking spaces on the underground levels will be available for office and retail tenants. Residents of the building will be offered separate, protected office spaces.

Sustainable solutions

The excellent location, the innovative sustainable built-in solutions, and the environmentally conscious technologies are a guarantee for the building’s LEED Platinum environmental certificate, expected in 2019.

  • solar collectors and photovoltaic panels
  • use of rain water to eliminate potable water
  • certified local, recycled and sustainable materials
  • building management system for low energy consumption
  • motion controls and infra sensors
  • aerators
  • energy efficient elevators
  • bicycle racks with lockers and showers
  • electric and hybrid car chargers
  • zero CO2 emission, healthy climate
  • landscaped green setting
  • vertical garden, internal green wall
  • selective waste management
  • noise and pollution control

Awards

Resource Property Awards: Architectural Concept of the Year (2015)

Office of the Year Awards: Planned Project of the Year – Mixed function (2016)