|
|
Tuesday, 10 February 2009 |
|
The SCD Group, which is behind several major projects in
the Lake Balaton area, will not abandon any of its plans, despite the
ongoing economic crisis. Spokesman Peter Elkan said SCD had 25 projects
in the vicinity of the “Hungarian Sea”. He acknowledged that financing
is currently more difficult, resulting in delays to some projects.
Overall its 25 projects will construct 1.7 million sqm of new buildings.
 Comment on this article |  Add as favourites (239) | Views: 1894
|
|
Read more...
|
|
|
|
Construction work is soon to begin on a new luxury spa
hotel in Budapest's Jewish Quarter. The project to build a hotel on the
site of the former Hungária Fürdo baths and Continental Hotel was
announced last October. Now the developer, Zenia Hotel Ltd, will
announce this week that it is ready to start construction work.
In every city buildings grow up next to each other over centuries: they are built on previous ones, one building makes way for another and a process of symbiosis can be observed.
