The Palace of Arts (Művészetek Palotája) is located next to the National Theater found in Ferencváros a district of Budapest next to
Lágymányosi Rákóczi bridge and consist of a truly magnificent conglomerate of cultural venues. The spectacular building is part of the new millennium city centre complex which is found along the Danube waterfront as is also referred to by many as the Hungarian cultural centre. The compound consists of the Bela Bartok National Concert Hall, The Ludwig Museum and the Festival Theater and is thought by many to be a new European cultural hub. The three institutions were all built in parallel over a period of just over two years. Due to this coordination the compound has a beautiful look with truly unique architecture which have helped it win numerous prestigious awards such as the FIABCI Prix d’Execellence in 2006 and the FIABCI audience award in 2007 to name a few.The compound was created by the Trigranit Development Corporation and was designed by Demeter and Partners Architectural Office.
The Palace of Arts opened in 2005 and was instantly declared to be Hungary’s new cultural hub; the compound is truly beautiful to look at, from the inside and outside, while at the same time inspiring artists of all types. The breathe taking compound has very unique architecture which was designed to illustrate more than one hundred years of cultural history in Hungary. Countless events are hosted here every year including Classical Music Opera Theater, World Music, Jazz and popular music concerts, Dance performances in all types of dance including Ballet, many events geared towards families and younger generations, Fine Arts exhibitions and much more. Furthermore, the Ludwig museum also houses many priceless works of Contemporary Art with paintings by Picassso, Richard Estes and many modern Hungarian artists.
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