The owners are reportedly planning to build an office complex on the site.

MTI Photo of office complex planned for the site
 

The project could be classified as an investment of strategic importance, thereby bypassing certain regulatory procedures.

The government office in charge is in the midst of processing the request, but provided no details.

According to the land registry, the current owner of the plot is WS Buda Project, whose owners have close contacts with the government.

MTI Photo of  Radetzky barracks on top: János Marjai