Orbán cabinet committed to building mini-Dubai with UAE firm and skyscraper in Budapest
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An international contract appeared on the official website of the Hungarian government concerning the project. The document writes that the Orbán cabinet would carry out an 800-million-euro infrastructure development project in Budapest’s downtown for the so-called mini-Dubai project involving even the erection of a skyscraper not far from the Heroes’ Square.
According to 444.hu, in return, investors from the United Arab Emirates would build a Dubai-like district in Rákosrendező with a modernised train station and even a skyscraper, which will be the tallest building in Budapest. Based on media information, its height will be 220-240 metres, much taller than the MOL Tower near the Danube, which is only 143 metres.
The government-close oligarch, Lőrinc Mészáros’s planned MBH office tower will ‘only’ be 90 metres tall.
The tallest building in the Hungarian capital is the MVM North Buda power plant’s chimney, which is 216 metres. Interestingly, the Hungarian parliament and Saint Stephen’s Basilica are just 96 metres tall. That was intentional at the end of the 19th century and referred to the conquest of the Carpathian Basin in 896.
Thus, the new Dubai district’s skyscraper will be taller than anything else in Budapest, so it will fundamentally shape the city’s outlook.
According to the government’s proposal, they would sell a Dubai investor 130 hectares around the Rákosrendező train station in the capital’s 14th district, close to Hungary’s iconic Heroes’ Square.
Extended metro line, direct connection to Budapest Airport
Furthermore, the government plans to sign a strategic cooperation with the contractor. Moreover, the cabinet labelled it a priority project of extraordinary importance for the national economy. As a result, opposition-lead local governments will lose all regulatory powers.
In addition, the government will carry out infrastructure development elements. For example, they will build a pedestrian overpass, develop the railway connections and cover the rail tracks to create a park over them. Moreover, the Orbán cabinet will extend metro line M1 and build bike and pedestrian roads.
Furthermore, the Hungarian government promised creating a direct railway connection between Budapest Airport and the Rákosrendező railway station.
I do hope there is a nice share of work and raw material supply for the usual clique of Politician linked cronies and toadies. They deserve it!
Looking at the office occupancy rates for the last several year, its hard to tell where there is huge demand that would support constructing a single tower. It would be interesting to hear who the investors think would tenant this building and what particular industry would be looking to HQ in Bp.
Another feast for the usual Orbanic gang of oligarchs.
Oh no! Not a city for a tower. Stop now!