Futureal Group has begun construction of the Etele Plaza mall in Budapest, near the Kelenföld railway station. The shopping and entertainment center, with a gross building area of 155,000 square meters, will be the biggest of its kind on the Buda side of the city.
Futureal Group started construction of the Etele Plaza at the largest multimodal transport hub in the country. The shopping and entertainment center is expected to open in 2020, according to a press release sent to the Budapest Business Journal.
It is estimated Etele Plaza may attract around 40,000 customers every day from the capital, the suburbs and further towns that are easily accessible from the transport hub. The immediate catchment area of the new center is one of the most densely populated areas of Budapest, where some 235,000 people live.
Etele Plaza will have a modern design with 200 store units, where, according to plans, the biggest fashion brands will be represented in a larger quantity and store area than anywhere else in Hungary. The center will also feature a supermarket, restaurants, cafés, multiplex cinema, gym, children’s play center, and a range of other services with nearly 1,300 parking lots.
The exterior design of the shopping mall will be dominated by the largest curtain wall structure in Hungary - with a height and width of 30 meters - above the main entrance and retracted metal boxes that jump out from the facades. In the internal area, along with the soft tracing, a nearly 200 sqm interactive LED display interface will bring the latest generation of shopping mall design to Hungary.