Client
Futureal Group

Size
250.000 SQM constructed of 500.000 SQM

Status
55% completed (estimated completion time - 2018)

Services
Urban design, strategic planning, development concept

Awards
FIABCI Prix d`Exellence 2011
European Commercial Property Award for Best Mixed Use Development Project in Europe 2010

Architect
Multiple local architects

Corvin “Promenades” Budapest, Hungary

Budapest, Hungary

THE LARGEST CITY CENTER REGENERATION PROJECT IN THE CENTRAL EUROPE

A successful 15 year PPP strategy located on a 22 hectare area a few minutes away from the Danube and the city core. Corvin Promenades is a fully mixed-use 24 hour district with close to 2,800 new apartments, a 62,000 m² indoor/outdoor shopping promenade, 130,000 m² of offices, hotels and a science park. Hundreds of car parking spaces on three levels are underneath the development. Corvin Promenade provides a new heart to what once was considered the most troubled area in Budapest. Though currently only half completed it has been a stabilizing force in the entire district. A number of local architects were engaged to provide an authentic, local and human scaled texture to the new intensely developed neighborhood. The urban design encouraged the careful overlapping of a range of uses throughout the day and night.