ECE to develop new Budapest shopping center (HU)

ECE to develop new Budapest shopping center (HU)

ECE has announced plans to develop a new shopping centre in Budapest on the site of a former textile factory in the Óbuda district.  The project will compromise over 170 shops spread across three levels and have a leasable area of more than 50,000 m². Construction is scheduled for 2019 with the opening expected for 2021.

 

“We are planning the most modern and attractive shopping centre in Hungary. It is intended to set new standards in terms of the mix of tenants and retail sectors, service offerings, and visitor experience,” says Christoph Augustin, Project Director at ECE and Managing Director of ECE in Hungary. “To ensure these goals are met, we are applying our decades of experience as Europe’s market leader in the shopping centre industry and the latest findings of ECE into this project.”

 

In addition to an attractive tenant mix comprised of top international brands and local vendors, ECE’s plans for the new development project – which comes with a unique architectural concept and a bright and spacious design – feature a spectacular gastronomy area. It will offer 15 select food concepts, ranging from quick-service options and trendy casual restaurants and fine dining restaurants. The restaurant area will be located next to a large roof garden with a sun terrace where customers will be able to relax and spend their free time. Plans for the project also include bringing an ultramodern cinema with 4D technology to the center.

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