Mária Siklós was commissioned in 1999 by ministry commissioner György Schwajda to prepare plans for the current building, and György Vadász won the subsequent bid without changing her plans. Ferenc Bán won an earlier competition, but work stopped under the 1998 government.
Construction began on September 14, 2000, and the theatre opened on March 15, 2002, Hungary's National Day. The area is 224,363 square feet (20,844 m²), including an open-air stage, and the infobox gives a capacity of 619. A rounded auditorium and a studio stage form the central unit. The article states no style or materials.
It stands in Bajor Gizi park on the Danube bank in Ferencváros. The earlier National Theatre on Kerepesi Street opened on August 22, 1837, and was demolished on April 23, 1965. The article does not name the owner.
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