Published: December 14 2023
The Budapest City Assembly has unanimously voted in favor of a new green and sustainable mixed-use real estate development in the Rakosrendezo area of the capital. This development aims to address the housing crisis and expand urban green spaces in Budapest.
The Proposal and Support
The proposal, put forward by Socialist mayor Csaba Horváth, received unanimous support from the City Assembly, with the absence of Fidesz-Christian Democrat representatives. The project aims to respond to the urban development challenges of the 21st century and ensure that the development is climate neutral.
Key Requirements and Goals
According to the declaration of support, the development must include the construction of at least 10,000 affordable homes. Additionally, the project must not jeopardize the World Heritage status of the banks of the River Danube, the Buda Castle District, and Andrassy Boulevard. The buildings in the development are also required to have a maximum height of 90 meters.
Infrastructure and Green Spaces
The government or the investor behind the project is responsible for funding the renovation and extension of Metro 1, as well as the extension of Metro 4 and the construction of overpasses. The complete revitalization of the Rakos stream is also part of the project, along with the creation of at least 30 hectares of green space. This includes the establishment of a new public park.
Conclusion
The approval of the green and sustainable mixed-use development in the Rakosrendezo area of Budapest by the City Assembly is a significant step towards addressing the housing crisis and expanding urban green spaces in the city. The project aims to provide affordable homes while preserving the cultural heritage and implementing sustainable measures.
Questions & Answers
What was the vote in Budapest City Assembly about? The vote was in support of a green and sustainable mixed-use real estate development in the Rakosrendezo area of Budapest.
Who proposed the development in the Rakosrendezo area? The proposal was made by Csaba Horváth, the mayor of the Zugló district in Budapest.
What is the purpose of the development in Rakosrendezo? The purpose is to address the "housing crisis" and expand urban green spaces in Budapest.
What does the declaration of support for the development state? The declaration states that the development should be climate neutral, at least 10,000 affordable homes must be built, and the World Heritage status of certain areas in Budapest should not be jeopardized. It also mentions specific requirements for building height and the need for funding for infrastructure projects.
What are the infrastructure projects mentioned in the declaration? The declaration states that the government or the investor should provide funding for the renovation and extension of Metro 1, the extension of Metro 4, and the construction of overpasses. It also mentions the need for funds for the revitalization of the Rakos stream and the creation of green spaces.
Was the vote unanimous? Yes, the vote was unanimous among the members of Budapest City Assembly present. The representatives of Fidesz-Christian Democrat were absent during the vote.