The Hungarian capital, Budapest, is evolving each passing day – if you are to wander around the city, in all the districts, you will find several construction sites, freshly dug pits for future structures or buildings under renovations. But, if we were to ask ourselves; where exactly is the city headed? Or better yet, what will Budapest look like after all these projects are done? Well, that, we will have to wait and see. For now, let’s see some of the projects that are lined up for Budapest!
Currently, the territory of Kopaszi dam looks like a good mini beach close to the river surface, and has an extremely huge area covered in green, tropical-like plantation, and also has a number of restaurants and bars that are lining up in wooden houses. But if we were to literally look at it a bit further, what we are seeing are massive grey pillars and blocks that are emerging towards the sky. This territory is brand new and it is known as Budapart, and is located near the riverbank, and is right behind Kopaszi gat. In this area, some of the main businesses that will be featured will include modern hotel catering facilities and office complexes.
The most fascinating aspect of this project is the MOL headquarters offices, which are in a 120 meters tall building. According to the critics of this particular structure, they say that it will spoil the traditional and monumental image of the city. Based on their argument, they say that the building will be visible even when you only want to wander at Gellert-hill. But hey! We are talking about growth here, so having such a structure in the area can only attract more businesses and people, which is a good thing as it will boost the economy of the area.
The concept of the ‘Southern Gate’ wasn’t released up until two years ago, and during that time, it was – and still is – one of the newest conceptions. When the news about the complete re-thinking of Inner-Ferencvaros, which is District IX, came out, and not forgetting the Northern region of the Csepel Island, it was widely published, and it became the center of attention to many investors.
The northern part of Csepel had been abandoned for years, and frankly, it is too close to the heart of the city to let the territory remain idle any longer. The riverbank side of Ferencvaros, that is after you’ve passed the massive & modern office buildings, the theater, and MUPA has really developed. Therefore, the joint renovation and connection of these two areas could only result in an enlarged downtown with superb infrastructure.
The Southern Gate plans include a bridge connecting Csepel and Ferencvaros river bank sides, an athletics arena, new apartments, dormitories, and a few office buildings.
This was probably the most controversial ongoing development project in Budapest. There were several demonstrations against the redevelopment of one of the largest green areas of the city. There was a civil group, referred to as the ‘Park Protectors’ who were constantly trying to withhold the destruction of the plantation, in an attempt to preserve as much green territory as possible. And in as much as there is need to protect the green environment around us, we have to admit that such a project can only do more good to the community given the fact more people will be employed, and also, after completion, the development will boost economic growth in the city.
Anyway, let’s ask ourselves, what exactly is planned to happen in Varosliget project? There are some facilities and institutions that are being constructed in that park. They include:
With these structures in the city, Budapest will be even more attractive than ever to local and foreign property investors.
Road Vaci – offices
When you take a ride along the super long Vaci Road, one of the things you will notice is; quite a number of office buildings and office parks and also a good number of run-down buildings, just lying there, idle. But with this particular project, a lot is expected to change. For instance, the idle building will be reduced and the more modern office parks will keep increasing. And even more contemporary, future workplaces and high-class buildings will emerge from the ground. This process is quite effective, especially with the reconstruction of the metro line M3, considering that the Northern line is already complete.
Also, the area behind the Westend mall is included in the process of being redefined, to turn it a place called to as the Granite Pole. The new complex is expected to serve a number of recreational purposes, new apartments, offices, and residences.
District VIII – inner Jozsefvaros
In the past, the 8th district hasn’t had the best reputation. Even with the changes and the modernization that took place, people still had a few negative thoughts about the region. But the construction of metro line M4 and the Janos Pal Papa square, have significantly boosted the district's reputation. Also, considering the green areas, fountains, the picture square, and the amazingly modern houses have attracted students, foreigners and families to live in the area.
Also, currently, there are plans to reconstruct the heart of the district – Orczy Square – which is a critical center of transportation all around the city. There is also the Blaha Lujza square, which is closer to the heart of Budapest and is one of the most significant junctions in the city, but as of now, it still doesn’t serve its purpose effectively. But with the new projects that are about to take place, the entire square will be redesigned, the Corvin shopping center will get a new façade, the underpass will be renovated, and the ground parking lots will be replaced with trees and other plants, and so are all the unnecessary concrete-covered areas.
The diversity in the Hungarian capital is quite fascinating, and the districts in the city will see a lot of improvements in the near future.