Budapest later, with the help of the Russian Empire. 1867 was the year of Reconciliation that brought about the birth of Austria-Hungary. This made Budapest the twin capital of a dual monarchy. It was this compromise which opened the second great phase of development in the history of Budapest, lasting until World War I. In 1849 the Chain Bridge linking Buda with Pest was opened as the first permanent bridge across the Danube and in 1873 Buda and Pest were officially merged with the third part, Óbuda (Old Buda), thus creating the new metropolis of Budapest. The dynamic Pest grew into
Müpa Budapest Müpa Budapest Müpa Budapest (between 2005 and 2015 "Palace of Arts" – "Művészetek Palotája" in Hungarian) is a building in Ferencváros, Budapest, Hungary, officially opened in March 2005. It is located near Rákóczi Bridge and was designed by Zoboky, Demeter and Partners Architectural Office. The National Theatre, which opened in 2002, is located next to it. Both Müpa Budapest and the National Theatre are part of the new Millennium City Center being created in Budapest. The structure of Müpa Budapest covers a ground area of 10,000 m² and the total floor space of the building is 70,000 m². It received