{"id":6021,"date":"2025-01-30T10:16:44","date_gmt":"2025-01-30T04:46:44","guid":{"rendered":"https:\/\/www.propertystellar.com\/blog\/?p=6021"},"modified":"2025-01-30T11:08:51","modified_gmt":"2025-01-30T05:38:51","slug":"eagle-hills-launches-12-3b-grand-budapest-project","status":"publish","type":"post","link":"https:\/\/www.propertystellar.com\/blog\/eagle-hills-launches-12-3b-grand-budapest-project\/","title":{"rendered":"Eagle Hills Unveils $12.3bn Grand Budapest Megaproject"},"content":{"rendered":"<p>Eagle Hills, a UAE-based developer, announces the Grand Budapest project, a $12.3 billion mixed-use development aimed at revitalizing a 100-hectare site in Budapest, Hungary. Backed by the UAE and Hungarian governments, the project focuses on sustainability, smart city technologies, and community-centric spaces while preserving Budapest\u2019s cultural heritage.<\/p>\n<h3>Key Highlights:<\/h3>\n<ul>\n<li><strong>Project Scope:<\/strong> Transformation of a 100-hectare site with 35-40 hectares dedicated to parks and public spaces.<\/li>\n<li><strong>Economic Impact:<\/strong> Expected to contribute 2% to Hungary\u2019s GDP and create jobs during construction and operations.<\/li>\n<li><strong>Sustainability:<\/strong> Incorporates energy-efficient buildings, renewable energy systems, and intelligent waste management.<\/li>\n<li><strong>Facilities:<\/strong> Includes schools, sports facilities, and community centers for residents.<\/li>\n<li><strong>Preservation and Modernization:<\/strong> Combines Budapest\u2019s cultural heritage with contemporary smart city elements.<\/li>\n<li><strong>Government Support:<\/strong> Endorsed by both the UAE and Hungarian governments.<\/li>\n<li><strong>Next Steps:<\/strong> Eagle Hills is working on securing name approvals from relevant authorities.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Eagle Hills, a UAE-based developer, announces the Grand Budapest project, a $12.3 billion mixed-use development aimed at revitalizing a 100-hectare site in Budapest, Hungary. Backed by the UAE and Hungarian governments, the project focuses on sustainability, smart city technologies, and community-centric spaces while preserving Budapest\u2019s cultural heritage. Key Highlights: Project Scope: Transformation of a 100-hectare [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58,59],"tags":[],"class_list":["post-6021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news","category-uae-property-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eagle Hills Launches $12.3B Grand Budapest Project<\/title>\n<meta name=\"description\" content=\"Eagle Hills leads Budapest&#039;s $12.3B megaproject, transforming the city with parks, smart tech, and cultural preservation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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