Urban Regeneration in the District of Ferencvaros (Budapest)
- Complex development of a run-down part of the district (Refurbishment/ urban renewal)
The target area is located in the heart of Budapest. This pioneer project was realized before urban planners would have recognized the importance of urban green spaces. At the same time this project brought measurable market benefits (appreciation of occupied property), also helped to create a neighbourhood community. The project was a succesful tool in mitigating the negative effects of urban heat island, and summer air temperatures significantly decreased.
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