#urban planning (1 cikk)

Dubai billionaire’s Budapest investment plans may be put on hold as mayor looks to acquire area for city

A Dubai-based real estate developer purchased a 85-hectare area in Budapest near Heroes’ Square to build Europe's tallest skyscraper and a new neighborhood named Grand Budapest. The project, called Mini-Dubai, faced criticism for the lack of competitive bidding. The plan to build 250-500 meter high-rise buildings stirred controversy among residents and politicians, with concerns about the impact on Budapest's skyline and the lack of community consultation.