What is left of the atmosphere of the famous Corvin promenade in Budapest after the city rehabilitation project? Locals talk about the old and new face of the area. The Corvin Project initiated in 2003 was the largest and most awarded Central European city development project. It envisioned the full transformation of cca. 22 acres territory in the VIIIth district of Budapest, which implied the demolition of all buildings in the given area. Both the local government and the investor wanted to get rid of the “slums” by relocating more than one thousand families who could not afford buying property in the old-new area. The protagonists of Corvin Variations are all local residents who have been relocated in the course of the project. Three relocated families recall with nostalgia the old community and the promenade that now lives only in their memories.