Construction Starts on Hungary’s Etele Plaza


Construction work on the 155,000 sq ft Etele Plaza in Budapest has begun. The mall, combining unique architectural solutions and digital services, will feature more fashion brands in one place than any other shopping centre in Hungary. The shopping and entertainment centre is expected to open in 2020.

The area can be accessed in only 10 minutes from downtown Budapest via direct links as it is being constructed in the meeting point of a national/international railway station, underground line 4 that connects the area with the inner parts of the city and the entrance section of the M1 and M7 highways that lead towards Austria and Croatia.

Estimated to attract around 40,000 customers every day from the capital, the suburbs and the further towns, Etele Plaza will have a modern design with 200 store units, a supermarket, restaurants, cafés, a multiplex cinema, a gym, a children’s play centre and a range of other services with nearly 1,300 parking lots.

The exterior design of the shopping centre will be dominated by the largest curtain wall structure of Hungary – with a height and width of 30 meters – above the main entrance and the retracted metal boxes that jump out from the facades. In the internal area, along with the soft tracing, a nearly 200 square meter interactive LED display interface will bring the latest generation of the shopping centre design to Hungary.

In the immediate vicinity of the eco-friendly shopping and entertainment centre, Futureal Group’s largest and iconic office development project, Budapest ONE Business Park is being built in Őrmező. Budapest ONE was one of the firsts in Hungary to obtain the international WELL Building Platinum Precertification, which focuses on the aspects having beneficial impacts on employees’ health and well-being while designing the buildings.

“The construction of Budapest ONE and Etele Plaza will give a new momentum to the most important centre of South West Budapest,” said Tibor Tatár, CEO of Futureal.


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BDC 314 : Mar 2024