The Gozsdu udvar (Gozsdu courtyard or Gojdu courtyard) is a new project about reconstructing the middle part of the city. Especially in the VI.th, VII.th, VIII.th, IXth districts the old colonies became like a slum. Now new luxury apartments and community services are replacing some parts of these areas. See more photos here.
The peachy pink color makes it look like South Beach in Miami, Florida.