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Eagle Hills Group has announced that it has signed a real estate purchase agreement for the land on which a mixed-use real estate development, the “Grand Budapest” project, will be built. The project promises to rejuvenate a long-abandoned district in Budapest. Spanning 100 hectares, this project is designed to set a global standard for sustainability, urban living, and community-focused development.
Tom Anstey | Planet Attractions | 21 Jan 2025
Eagle Hills Group has announced that it has signed a real estate purchase agreement for the land on which a mixed-use real estate development, the “Grand Budapest” project, will be built. The project promises to rejuvenate a long-abandoned district in Budapest. Spanning 100 hectares, this project is designed to set a global standard for sustainability, urban living, and community-focused development.
The project’s guiding principle is sustainability, incorporating a smart city concept with energy-efficient buildings, renewable energy systems, and intelligent waste management solutions. With a development cost exceeding €12 billion, “Grand Budapest” aims to redefine urban living and provide a significant economic boost to Hungary, contributing an estimated 2% to the country’s GDP growth.
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