citydev.brussels is a public service institution that is in charge of the Brussels-Capital Region's urbanistic development. Via real estate projects, this Brussels institution fulfils 3 assignments.
Since its foundation in 1974, citydev.brussels has been in charge of keeping companies in the Brussels-Capital Region or bringing them here, in order to foster the region's economic development and create jobs for the people of Brussels. In plain English: citydev.brussels offers quality real estate to companies at interesting conditions. citydev.brussels’s offering includes buildings of all shapes and sizes, where companies can be housed in all different stages of their development.
Since 1988, citydev.brussels has also been tasked with encouraging private persons to come and live in the Brussels region. To achieve this, citydev.brussels builds subsidized housing in collaboration with the private sector. These are new-build owner-occupied homes for middle-income households. The Brussels-Capital Region subsidizes the homes at 30 %, which means they can be sold at a discount.
Lastly, since the 2000s, citydev.brussels has been developing mixed-use projects. These complex, ambitious projects combine different kinds of housing, business spaces, basic infrastructure (roads, sewers, etc.), and retail and public spaces, as well as collective amenities and everything that could repair the fabric of a city or neighbourhood, or breathe new life into it.
For its sound ecological management, citydev.brussels has held the Ecodynamic Enterprise label since 2001. All of citydev.brussels’s new developments have adhered to low-energy standards since 2007, and to passive or even zero-energy standards since 2009.
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