Budapest Chief Architect Éva Beleznay expects that the construction permit for the new city hall complex will be issued by March, and a tender for investors to finance the project will be announced after that, daily Népszabadság reports. The original plans have been modified to include a 65-meter tower to the complex.
According to the paper, the Budapest Government is taking the plans to Cannes, to the MIPIM-World Property Market, where it will also try to find investors for the project worth billions of forints. The city wants the 120,000-square-meter multi-functional complex to be financed completely by the private sector.
If Budapest manages to sign a contract with an investor before the parliamentary elections, then the project may literally get off the ground, the paper notes. The deadline for completing the project is 2013.
I don’t think it is worth fighting to stop such an architecturally challenged design – and how it looks placed in the middle of historic Pest. The financing will sink it.
So magyarorszag is bankrupt and has massive government debt. But they are building a new government facility. is this logical?
Nothing is logical in Hungary at the moment least of all the crazy and corrupt MSZP government.
It is time for us all to start asking what Fidesz are going to do to remedy the situation once elected come Spring.
Things have gone from desperate and dire to catastrophic. We all know it. What can we do about it?
Two years ago the people gathered in Budapest to vent their anger against Gyurscany Ferenc and his chums. The dumb desperado has now gone but the fiasco still continues with his playmates producing
legislation on tax and other economic issues that would only make sense to those under doctors orders in a lunatic asylum.
@ManifestO “It is time for us all to start asking what Fidesz are going to do to remedy the situation once elected come Spring.”
Probably, like the National Theatre, move it to some remote part of the Danube, ….. or preferably in it!