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South Buda City Center

Under the South Buda City Centre development project, a new city centre is being created in Buda in the areas bordered by Kelenföld and Őrmező. The Kelenföld Railway Station and the adjacent bus station have several routes serving Western Hungary, while nearby motorways extend to Western and Southern Europe. The terminus of Metro 4 line is also located here, making this space Central Europe’s largest and most accessible transport hub.

The regeneration of the Kelenföld area is one of Europe’s largest public transport brownfield investments. The new centre of this area will develop in the district over the next few years, as both state and private investment are implemented. The project’s total area covers 36 hectares, with more than 750 000 m2 of residential, office and retail property development planned in partnership with other developers.

The Budapest ONE office building and the Etele Plaza shopping and entertainment centre are the business and commercial drivers of the new city centre.

Budapest ONE

The iconic, sustainable and energy-efficient office building with a total area of more than 66,000 m2is located in Őrmező, Hungary’s largest transportation hub. The complex offering a complete panoramic view of Buda includes 3,500 m2 of commercial and service area and is complemented by 2,500 m2 of green space. Budapest ONE is situated at the intersection of metro line 4, Kelenföld railway station, and the M1-M7 motorways. The complex can be reached from the city centre within 10 minutes by direct lines. In addition to the numerous shops and services at the ground level of Budapest ONE, the Etele Plaza shopping and entertainment centre also developed by Futureal is within walking distance for the office employees.

Budapest ONE has been designed with special attention to ensure that it does not visually overwhelm the residential area, despite its spectacular design. The ribbon-like building’s floor plan and facade have been designed to allow for the most favourable building layout. The most ideal shape was created in terms of solar orientation, solar potential and airflow.

The outstanding office building was one of the first in Hungary to receive the international WELL Building Platinum pre-certification, and the first phase was the first in the country to receive the highest Platinum certification from WELL. The development earned the international WELL Health-Safety certification for safe operation. The second and third phases of the building also received the environmentally friendly BREEAM Excellent Design Stage certification for sustainable buildings.

Together with the smart car park, built in the immediate vicinity of the office building, Budapest ONE offers more than 1,200 parking spaces for cars, including electric chargers for hybrid and electric cars, as well as electric bikes and scooters. In the car park, the Parkl app makes parking easier, indicating the number of available spaces and navigating the driver to the right spot.

Etele Plaza

Hungary’s first smart plaza located in the immediate vicinity of Etele square, Kelenföld offers an outstanding range of stores and services, featuring unique digital and architectural solutions.

The exterior design of Etele Plaza is dominated by the largest curtainwall structure of Hungary above the main entrance, and the retracted metal boxes that jump out from the facades. The spacious food court directly connected to the green-roofed terraces features the latest shopping centre design. In addition to the shops, there is a wide range of food outlets, restaurants, cafés, fitness facilities, a children’s play area and services in the shopping and entertainment centre with a rentable area of 55,000 sq m. Moreover, the Etele Cinema takes the movie experience to a new level in the complex.

Etele Plaza is located at the largest multimodal transportation hub in Hungary. Built at the meeting point of Kelenföld railway station, metro line 4 and the approach section of M1-M7 motorways, Etele Plaza can be accessed in just 10 minutes from downtown Budapest. Due to its location, Etele Plaza attracts thousands of customers every day from the capital, the suburbs and the further towns that are easily accessible via the transport hub. The immediate catchment area of the new centre is one of the most densely populated areas of Budapest, where some 235,000 people live. Residents of this district represent 125% of the nation’s average purchasing power with a relatively low retail supply.

In line with the BREEAM Very Good certification, special attention was paid to ensuring easy accessibility, minimizing light pollution as well as direct environmental impact, incorporating durable materials and promoting waste reduction and reuse. In accordance with the rating, the tenants also focused on sustainability during the realisation of the stores. Nearly 4,000 sqm of green space, ornamental grasses, shrubs, and trees awaits visitors at the environment friendly shopping and entertainment centre.

The urban regeneration project for the western gate of Budapest
Budapest, Southern Buda, Kelenföldi Railway Station and surrounding area
Size: 36 hectares, more than 750 000 m2 of buildable area


– M1 and M7 motorways – direct exit
– M4 Kelenföld Railway Station stop
– BKK buses (8E, 40, 40B, 40E, 53, 58, 87, 88, 88B, 101B, 101E, 103, 108E, 141, 150, 153, 154, 154B, 172, 172B, 173, 187, 188E, 250, 250B, 251, 251A, 272, 907, 918)
– 19, 49 tram stops
– coach station (for routes to Western Hungary)
– Kelenföldi Railway Station (suburban, national and international lines)


– residential
– retail
– offices