CET = Central European Time. CET is also a synonym for a whale. The 27,000 sqm development on the banks of the river Danube in Budapest, Hungary will be used as a cultural and commercial centre with a large event hall, retail units and catering units. The project involves the renovation of the old warehouses and building a whale-shaped, "non-standard" extension between them. Construction is delayed. The CET concept refers to Budapest as an important metropolitan centre in the heart of Central Europe. The CET shape somehow refers to the smooth and friendly streamlined body of a whale. The new CET development has the potential to put Budapest once again on the map of the world. Name and shape of the CET symbolizes its cultural potential and commercial pole position in one of the best preserved cities in the world.