One of the latest grand projects got underway in November 2012. Ferenciek tere – or Franciscan’s Square, named for the Franciscan church that stands on its southeast side – has been split into two parts since 1973 by a tunnel for cars. This tunnel is now being dismantled, along with the major thoroughfares of Kossuth Lajos út and Szabad sajtó út, which connects traffic to the Erzsébet bridge. Franciscans are contributing to the new look as well with the renovation of their baroque style church where Ferenc Liszt once regularly attended Mass. One of the square’s iconic twin palaces are among several buildings also is renovated.
One of the oldest squares in Pest is located in the Ferenciek tere neighborhood, Március 15. tér (or, March 15th Square, which commemorates the revolution of 1848) and boasts a beautiful panorama of the Danube and Buda. The church in the square preserved the last remnants of the Middle Ages on the Pest side of the capital. Despite the historical significance of this site, which also houses ruins from the Roman Empire, the square was long a pale and dilapidated area, populated by vagrants preying on the wallets of tourists. Today, the renovations have transformed the square into a shining and vibrant jewel of the area once again. The improvements have also reached Kecskeméti utca, previously a narrow road crowded with cars at the beginning of the 15 kilometer-long avenue called Üllői út. Just a few steps away is Széchenyi István Square, which is also slated for renovations soon. Kálvin Square was given back to the people by the end of 2010, an important meeting point for university students due to its close proximity to one of the most popular libraries in addition to several universities. The semicircle of the kiskörút, or Small Ring Boulevard, including roads around the innermost center and its tram were also renovated, presenting a new and greener city landscape.
Future improvements and extensions of other tramlines are in the works as well as the renovation of the stalwart holdout, Széll Kálmán Square (formerly Moszkva tér, or Moscow Square), one of most important transportation hubs on the Buda side. Bigger and more ambitious yet is the renovation plan for the royal palace of Buda and its gardens. Some parts of the royal palace have been abandoned since the 1980’s and have fallen into serious disrepair. This project is expected to span the course of several years and involves coordination with the national government.