Margaret Quarter

Margaret Quarter is a new Urban Revitalization Program of Budapest II. District Municipality, focusing on Margaret Boulevard and its neighborhood.

The Program aims to create a local ecosystem where community and cultural initiatives are favored in addition to quality commercial services. The Municipality encourages service providers and entrepreneurs to prioritize community and artistic values so that a diverse and lively district can develop to delight residents and visitors. The idea is to awaken the neighborhood under a unified brand name full of cultural and community values, environmental awareness, and economic sustainability.

The Program

Supports local cultural events and activities
Calls for applications on renting municipality-owned business premises
Strengthens and develops local communities
Helps residents with bureaucratic procedures
Creates neighborhood identity by promoting local entities
Facilitates communication between residents, businesses, and the Municipality
Informs about investments and events in the area
Initiates dialogue with the residents about local needs
Organizes cultural events

We believe an urban development program can only function sustainably based on local communities. With small interventions, we aim to facilitate communication between inhabitants and authorities to improve the everyday lives of those who live and work here.

The History of Margaret Quarter

2020 Autumn

Margaret Quarter is legally born.

2021

Budapest Autumn Festival -Margaret quarter organizes the district”s festival events, 1st, and 2nd real estate tenders.

2022

Opening Margaret-quarter ‘Living Room’ – a community & event space, participation in the Budapest Spring Festival, 3rd real-estate tender, the launch of Társas.Ház, a condominium-, and community development program.

You can learn about them here!

Gallery

Sights

The luxury apartment building at 15-17 Margaret Boulevard, known as the Plunger House, was built in 1938 and takes its name from the circular glass lifts in its iconic staircase.

Gül Baba's turbe is a 16th century Turkish funerary chapel and rose garden with a fantastic panoramic view of the Danube and Margaret Island from its observation deck.

The Church of St Stephen the First Martyr on the Budapest Highway is a Baroque church of the Franciscans of Buda, with stained glass windows depicting the life of St Francis

Széllkapu Park, one of the largest recreation parks in Central Europe, with a lake, spectacular design solar panels, thousands of newly planted trees and plants, and a 4,000 square metre hanging garden

The Foundry Museum is housed in the former factory of Abraham Ganz, one of the oldest surviving 160-year-old buildings of the flagship of Hungarian industry

Interesting facts about the street

The iconic Bem, which started life as the Helios Cinema in 1908, is now a popular meeting place in the area, with a cinema showing classic films.

The Jurányi House, a landmark of the capital's cultural life, was converted from a former secondary school, its classrooms into rehearsal rooms and workshops, and its school canteen into a café and gallery.

The Mechwart Grove square is covered with colourful flowers and the fountain is a wonderful place to relax in the shade of the pergolas

The St. Luke's Spa and Swimming Pool is a place of healing and relaxation, where regulars such as Zoltán Kodály, István Örkény and Zoltán Latinovits have relaxed in the shade of the centuries-old plane trees.

From Margit körút, a marathon staircase climb takes you to Péter Mansfeld Park, where it's worth walking up for the magnificent views.