First Vienna Residential Market Report 2023

A district of contrasts

Barany&me / BUWOG

Donau-Auen

Where urban development meets nature paradise

Donaustadt is Vienna’s largest district by area; like the other outlying districts, Donaustadt features a stark range of con- trasts with urban landscapes and city life on the one hand, and agriculture and untouched nature on the other. The Vienna skyline and UNO-City represent the business hustle and bustle of city life in Donaustadt, whereas other parts of the district have a distinctly rural atmosphere with wide open fields punc- tuated by small neighbourhoods. Donaustadt is understandably popular not only as a residential area, but also as a destination for a day out. Residents find a nature paradise virtually on their doorstep with almost sixty-four percent green space and unique access to the water. Local recreation and leisure opportunities leave nothing to be desired with freely accessible bathing spots on the Old Danube, a wide selection of outdoor pools, and the nature paradise of Lobau in the Donau-Auen National Park.

in the busy construction activity with more than three-and-a- half thousand residential units currently under construction. The Am Seebogen expansion to Seestadt Aspern is still in full swing. This project will see a mixed quarter emerge for around two-and-a-half thousand new residents on a gross surface area of two hundred thousand square metres. Busy construction activity is also underway around Kagran and Hirschstetten and in the Raffenstättergasse development area in a project involving almost a thousand residential units, an educational campus with a day-care centre as well as a school. Other urban and district development concepts are already in planning, so it seems safe to assume that Donaustadt will keep expanding on its pioneering role in future-oriented urban development in the coming years. Projects such as Barany&me on Baranygasse, Der Ballon on Groß-Enzersdorfer Straße, Das Herzog on Erzherzog-Karl-Straße, HV03 on Hovenweg, Vienna Twentytwo in Dr.-Adolf-Schärf-Platz, Danube Flats on Wagramer Straße, Garten-Städtchen-22 on Marlen-Haushofer-Weg, and DC Flats on Donau-City-Straße will offer a wide range of opportunities for home seekers.

There are many areas available for development in Donaustadt, a great variety of opportunities for development as reflected

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