This development project portfolio is a result of the collaboration of the REevolutio Consulting, Ecorys Hungary and the EKF the management company of European Capital of Culture aspirant City of Pecs. The process of engaging the stakeholders in the city-region to develop a legitimate and feasible investment portfolio, the applied participative method was unique and happened first in Hungary. Behind the scenes consultants proposed a strategic development plan based approach and the implementation of a “one-stop-window” style development agency and fund which has been announced on an exhibition concluding the campaign. The portfolio was presented for international investors and received significant attention on the MIPIM in Cannes. But as it often happens in Hungary, changes in political leadership on the way left the whole EKF team been restructured and the portfolio landed in drawers as politician opted for "white elephant" projects without participation and public involvement.