Budapest Airport has also become a catalyst of development in and around the airport. With the inauguration of the Hungarian Post International Exchange Center near terminal 2 the plans are underway to launch a whole Cargo City, with excellent aviation and road links to over 20 European countries within a 1000 km radius. The first phase of Cargo City will be constructed from early 2012 with 11.000 square meters of warehouse and 4.500 square meters of office space.
Budapest Airport plans to build a 3-4 star, 250 rooms on-site airport hotel with real estate developers and an international hotel chain operating it opposite to Terminal 2 B, with lots of conference facilities and top-floor restaurants overlooking the life of the airport. A whole new Office Park is also in the pipeline around Terminal 2 in the coming years.
René Droese, Property Director of Budapest Airport has said: “We have just finished the process of marking several new areas around the airport and worked out the long-term property clusters to be developed in conjunction with the airport development plans. This is what we bring to Expo Real. We plan a Commercial Park on the Southern edge of the airport, bringing in airline offices one after the other. Wizz Air has opened its airport HQ just a couple of months ago, next summer Malév Hungarian Airlines will move in with its 600 head office employees into 3 adjacent and refurbished office buildings.”
According to Budapest Airport estimates altogether 300 million Euros will be invested in the airport area in the next fifteen years, creating up to 10.000 new jobs in the Southern Budapest region. According to a recent economic study every additional 1 million passenger creates around 1340 new jobs at the airport, and every new airport-job creates three more jobs in town, in tourism, hotels, services and transportation. Budapest Airport is forecasting 8,7 million passengers for this year, with 86.000 tons of cargo handled.