Lake 11 Residential Park

Coldefy

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Completed Projects – Housing (Not for single use)

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Albania

Company Name

Coldefy

 

COMPANY COUNTRY:

Albania

ARCHITECTURAL CREDITS

Coldefy, Demeter Design Stúdió, Öt Elem

Project Team
Coldefy, Demeter Design Stúdió, Öt Elem
CLIENT OR OWNER NAME:

Atenor

Project Name:
Lake 11 Residential Park
Project Country:

Albania

Project City:
Budapest
Project Category:
Housing (Not for single use)
Project Area:
8 ha – Masterplan 22 396 m² Net Area – Phase 1
Completion Date:
2025-09-08
Project overview

Lake 11 Residential District is the first phase of an 8-hectare masterplan in Budapest, transforming a site abandoned for over 20 years into a nature-oriented neighborhood. The project delivers 175 homes across three residential typologies organized around shared landscapes. Prioritizing quality over density, it combines generous living spaces, geothermal energy, green infrastructure, and a unified architectural language.

Project history
Lake 11 Residential District originated from the client’s vision to regenerate an 8-hectare site on Budapest’s southern edge where construction had remained unfinished for more than two decades. Rather than continuing a conventional suburban model, the ambition was to create a sustainable residential district integrating compact urban living with nature. A comprehensive masterplan established a coherent vision for the entire development, implemented in phases by multiple architectural teams. As the first completed phase, the project delivers 175 homes around landscaped public spaces, demonstrating the principles that will guide the wider district. It has transformed a dormant site into a vibrant community, improving quality of life through generous housing, biodiversity, pedestrian-focused public spaces, and fossil fuel-free geothermal energy, while establishing a benchmark for environmentally responsible residential development in Budapest.