BDPST Group started renovation works in Hungary

The Budapest Business Journal writes that BDPST Group has begun renovation on Mahart House and Futura House near Vörösmarty ter. The project is intended to transform the buildings into a upscale hotel and a premium residential block. The company issued a statement announcing that it had secured permits for the work to go ahead on the basis of a design completed by the Italian architecture company Lissoni Architectura. The project includes historic buildings constructed between 1873 and 1913 and are protected by strict monument preservation guidelines. A Marriott-branded 5-star hotel (under the Autograph Collection brand) will open at the site.