The Hungarian branch of Nokia Networks is moving to Corvin Promenade. The building works of the 25,000 m² headquarter started at the beginning of 2015 and the office block will close the Eastern end of the large-scale Corvin Promenade City Regeneration Project.
Nokia Networks is one of the world’s largest telecommunication companies and the market leader in developing and planning broadband mobile networks, including 4G network. The new headquarter will home Nokia Networks Global Technological Centre, becoming one of the largest IT and Telecommunication R&D centres in Hungary.
The Corvin Promenade is CEE’s largest urban development project, where 50,000 m² office is planned with underground parking spaces for 800 cars, 1,100 residential units with 600 parking spaces, 40,000 m² retail with the belonging 800 parking spaces and 3,000 m² fitness facility have been built. The Futureal Group commenced the project in 2004, the completion is expected by 2018-2020. On the planning works of the project 30 Hungarian and foreign architects have worked so far.