Gigantic projects are going to be realised soon in Budapest!

According to portfolio.hu, the image of Budapest will be totally different  within a few years and that is why there are so many cranes everywhere in the  city nowadays. The office investments are already taking place and it is not only the volume of the construction that is worth mentioning but also some of the gigantic projects that are going to be realised soon. Here is the list of the projects that surpass the largest buildings existing so far with their size and thus they change the image of Budapest entirely.

BudaPart offices

One of the greatest office investments is the set of offices dreamt in the framework of the BudaPart project. Property Market plans to build offices in around 300,000 square meters within the following 10 years. In the 1st phase of the expansion, they are going to construct offce buildings  in 20 square meters along with 2 apartman blocks.

The BudaPart Gate office building, that is classified as A+ category and has received LEED qualification, is already being constructed.

The execution is carried out by the Market Építő Zrt., a leading building and construction company and, according to previous estimations, it is going to be finished by the beginning of 2019.

Furthermore, it is also known that the BudaPart is going to be home for the new headquarter of the Mol Group, but in fact, it was Mol who bought out BudaPart of this particular project. Thus, it is considered to be a development of their own. The complex could become the largest headquarter (in gross 83,000 square meters) in Budapest. The enterprise plans to move away from its 11 buildings into only 1, the 120-meter tall, 28-storey monstrosity located at the Kopaszi dam.

The foundations of the MNB (National Bank of Hungary)

A further monumental plan is figured out by the Pallas Athena Foundations, which dreamt an enormous investment to an area of 7.5 hectares in the Váci Street. The area found in Váci Street 160-168. was bought for 55.2 million euros (17.2 billion forints) that is composed of 3 parcels where on 150,000 square meters, colossal plans can be realised within 3 years.

The foundations count on the enterprises, which, due to  the Brexit, want to move their headquarters  from London to the outskirt of Budapest.

Agora Budapest

After the 1st investment with the Váci Corner Office, HB Reavis starts its new investment, called Agora Budapest. The project, planned to be realised on the Pest side of Árpád Bridge between Károly Róbert Avenue and Váci Street, is going to be built up by 2023. Along 5 buildings, based on previous plans, they are going to set up 40 other shops as well.