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2018. 11. 01
From Újpalota to Ferencváros – own property development projects
Grabarics Építőipari Kft. has been present in the construction sector since the 2000s. In compliance with the requirement of profile cleansing and the huge development wave today, the firm has organized its related activities recently in a specialized company named Grabarics Development Kft. In the meantime, in Hubay Jenő square Újpalota and in Lechner Ödön alley along the Danube dwelling houses developed by the firm will soon emerge from the ground.
From Újpalota to Ferencváros – own property development projects

 

The character, the built environment and the target group of the two projects are very different. Hubay Jenő square in district XV lies in a semi-urban area near a park and a playground, virtually in the newly developing center of the district, not far from the district government.

The building that existed on the property acquired by tender had already been demolished, and a building complex with 60 apartments meant explicitly for young families with small children will be built on the site where once a soda water factory worked and was transformed into emergency shelters later. The ground floor apartments will be constructed with special care to providing comfortable housing opportunity to disabled people. The 1, 2 or 3 bedroom apartments of 37-77 sq.m will have small private gardens, those on the upper floors will have balconies, while the loft apartments will have terraces. The mass proportion of the building will also deviate from the usual; its arrangement will definitely serve for the sense of space with an airy impression.

The other property development project of the firm, Panorama Resort planned for the area under Lechner Ödön alley 4, is governed by quite different principles. The definitely exclusive site near the National Theater is the last unbuilt area in the direct vicinity and the district IX section of the Danube embankment. The Palace of Arts, prominent office buildings and elegant dwelling houses occupy the territory, while a private clinic and another office building are still under construction. The new condominium with its envisaged 12 ascending levels shall fit in the built and the natural environment, and is intended to satisfy luxury needs. The building will have many terraces, balconies, with glass walls, portals and special wall cover on its façade in order to offer the unprecedented experience of the Danube panorama to its tenants and owners.

  • Dun & Bradstreet, the international provider of business information and company ratings classifies the financial stability and business reliability of all enterprises based on a proven system, that has been designed by international experts, and whose operation is consistently measured. This is how our company, Grabarics Kft. has been chosen as one of the enterprises with the steadiest financial standing.
  • The comprehensive renovation and expansion of the Buda Order of Mercy Hospital was successfully completed in February 2026. The general contractor for the project was Grabarics Építőipari Kft., which, throughout the entire construction process, demonstrated outstanding professional expertise in harmonizing modern healthcare infrastructure with the historic surroundings.
  • The development of the Dreher Breweries has reached another spectacular milestone: we have reached the highest point of the buildings, which we celebrated with a topping-out ceremony in keeping with tradition.
  • Grabarics Kft. is participating as the general contractor in the Bazalt III project at ROCKWOOL’s Tapolca site, which involves the comprehensive development and renovation of the existing office, workshop, and warehouse areas. The project is scheduled for completion, with technical handover set to begin, in the third quarter of 2026.
  • Weinberg '93 Ltd. and GRABARICS Ltd. won the consortium tender for the expansion of Dreher Breweries in 2024. A unique investment in the Hungarian beer industry is underway at the historic Dreher Brewery, with the aim of modernizing the brewery's technology. The first phase involves the construction of a new cellar and energy block, with the general contractor's work already well underway.