Palace of Arts

Budapest, Hungary

Type of projectcultural
Commencement of construction2002
Project Opening2005
Developer and property managerTriGranit
Total Development Cost in Euro130 000 000
GBA (M2)64 000
Parking Spaces620
DesignerZoboki - Demeter
Aside from pursuing its business goals, it is also TriGranit's intention to help support culture and the arts. To this end, the Millennium City Center is the site of a cultural development unprecedented in the previous century.To supplement the National Theatre, TriGranit has, with the cooperation of the Hungarian Ministry of Culture, developed a brand new building complex to house the Ludwig Museum, the Festival Theatre and the National Concert Hall in the Millennium City Center.Aside from pursuing its business goals, it is also TriGranit's intention to help support culture and the arts. To this end, the Millennium City Center is the site of a cultural development unprecedented in the previous century. The Palace of Arts was built through a public private partnership (PPP) with the Hungarian government and is the first PPP of its kind in Central Europe. This project is the prototype for future PPPs being planned by TriGranit throughout the region.

A » 1095 Budapest, Komor Marcell u. 1.

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