Maintaining the City’s Architectural Feel Means Balancing Competing Needs

Budapest faces the challenge of preserving its classic Central European “fin de siecle” look and atmosphere while developing its role as a modern city, business center, and tourist destination and, indeed, improving it as a pleasant and healthy place to live, work and visit. Meanwhile, industrial players face the challenges of developing in accordance with ever-stricter environmental regulations and locational demands from tenants in both the Greater Budapest area and provincial centers.

REVITALIZING THE NEGLECTED
“We have to protect our historic buildings, but some of them may be turned into modern office buildings while their facade still shows their original look,” remarks Valter Kalaus, managing partner at Newmark VLK Hungary.