Most modern retail and entertainment centre to be built in Budapest

The so-called Mundo project is finally about to start in Budapest’s 14th District, Zugló. Mundo will be a multi-functional shopping and entertainment centre. The project belongs to the collaboration of Echo Investment and Bánáti+Hartvig Architect Studio. Construction starts in the upcoming months, and it is planned to be finished by 2020.

According to Építészfórum.hu, the two companies started to work on the shared project over ten years ago, back in 2007. Due to the constant changes in the district’s infrastructural plans, the project was always changed and postponed. Last year, there were also rumours that construction will start, which eventually never happened. However, Építészfórum believes that 2019 is finally the year the Mundo project launches at last.

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The area where the mall will be located is in Budapest’s greenest district, Zugló. The area is bordered by Csömöri Road, Rákospatak Street and Bosnyák Street.

Besides the centre itself, the project also includes a huge office building and a park. The property development project aims to build a very modern, multi-functional mall which will combine the retail, entertainment and service industries. It will be built on a 35,000m2 land. According to the plans, the centre will include 170 shops plus a huge P + R car park. The building will be energy-efficient, with a small ecological footprint, “dressed in green to reflect Zugló’s garden suburb-nature”.