LIVING completes the first phase of Park West residential development
LIVING, an umbrella brand of WING specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in the Ferdinánd quarter of the 13th District. About 700 apartments will be constructed in the residential development project to be carried out in three phases. The residential park offers sunny, energy-efficient homes with terraces in the heart of the vibrant 13th District, and, in line with LIVING’s standards, community services and smart home functions will also be available to residents.
LIVING has completed the first phase of Park West residential development with 97% of its apartments already sold. There are 229 apartments in Park West 1 residential park, all with a BB energy efficiency rating. LIVING’s residential project hopes to appeal to those leading an active lifestyle and preferring vibrant city life and who appreciate a great location and outstanding accessibility, as well as smart solutions and community services offered by the residential park. Park West residential park is located in one of the fastest developing areas of Budapest, in the Ferdinánd quarter of the 13th District, at Szabolcs utca 15-25. Városliget, the Budapest Zoo, the renovated Széchenyi Bath, WestEnd City Center and downtown Budapest are only a short, 10- minute walk away.
“Within the framework of LIVING’s development project, we were able to create a community residential park providing unique services to enhance the comfort of the residential community. Park West 1 has been extremely popular among fans of an active city lifestyle and 97% of the sunny apartments with terraces have already found their owners. Demand is still high thanks to the excellent location, comfortable and energy-efficient apartments, and the community spaces created in the houses in order to make daily life even more convenient for residents”, said János Martin, LIVING’s branch director.
When designing Park West, our primary consideration was the creation of comfortable, sunny apartments with efficient floor plans that will be attractive to those with a love for vibrant city life. Most of the 40-50 m² homes have a south-eastern or south-western to western exposure, with an internal garden. Apartments on the top floors offer a great view of the Buda side of the city. Each apartment has a terrace and a parking space in the underground garage available for all the apartments. Separate storage units were also created on each floor of the house, and the upper levels offer beautiful views of the Buda Hills and Városliget, among others. Following the success of this development project, Park West 2 construction also started last year. It is scheduled for completion in the first half of 2023.
Supporting a healthy work-life balance is a key priority for LIVING: Park West 1’s community living room is therefore not just a place for rest and relaxation, but it also offers residents co-working office space, as well as relevant business corner services. Other unique services available include a library, a cleaning service, a toolshed, car-sharing services and a 24/7 parcel delivery point.
Each Park West 1 home will be fitted with smart solutions, allowing all residents to enjoy the benefits of SMART LIVING services. The SMART Home package includes, at no cost, a central unit, smart sockets, free WiFi service and heating controls. The optional SMART+ package, available for an extra charge, includes additional amenities to make residents’ daily lives even more comfortable. Parent company Wing Zrt’s more than 22 years of experience as a developer and its financial stability guarantee that the apartments will meet the highest standards.
Property Awards: WING ranked 1st in 2 categories
Property Investment Forum brought us Property Awards again this year, celebrating the most significant achievements of the past 12 months. WING won the Real Estate Investment Transaction of the Year – Abroad category with the acquisition of the majority of Bauwert AG’s shares, and the Office Rental Transaction of the Year category with its agreement with Lightware on the lease of a building in HOP Technology Office Park.
WING completes its latest hall in East Gate PRO Business Park
East Gate Pro Business Park, WING’s latest industrial development project, has reached a new milestone with the delivery of hall A2 in phase two. An additional area of 9,100 square meters is now available in the newly completed hall building for production, assembly, fulfilment and warehousing purposes.
Building structure completed at Kassák Terrace, the third phase of LIVING’s Kassák project
LIVING’s Kassák Terrace residential development, the third and final phase of the 740-unit Kassák project, has reached its highest point. Located in District 13, at the intersection of Klapka utca and Kassák Lajos utca, just a short walk from Váci út, the residential park will have 246 apartments with AA+ energy rating and advanced, cost-effective technical solutions. The construction work at Kassák Terrace is on schedule, with handover – and the completion of the whole Kassák project – expected in the first half of 2025. Sales of the third and final phase apartments have already started.