Real Estate Investment in Turkey

urban regeneration projects at Istanbul 2024

Last edited:Feb 12 , 2024
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urban regeneration projects at Istanbul 2024
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Istanbul is one of the most important cities in Türkiye and is considered a newly arrived and prosperous center. New urban projects in Istanbul are designed based on many different factors and considerations.

When designing new projects in Istanbul, the future growth of the city and the needs of residents, as well as social absorption and sustainability, are considered. A late-night area is designated for entertainment, providing necessary information such as speed dialing and public services.

 

New urban projects in Istanbul include a variety of buildings and facilities, including residential towers, offices, malls, stores, hotels, tourist areas, and public facilities such as schools, hospitals, and mosques.

Emphasis is also placed on coordinating urban projects with cultural and historical landmarks in Istanbul, such as Roman ruins, basilicas and historical palaces, to preserve the city’s cultural and heritage identity.

In general, the urban design of new projects in Istanbul aims to create a balanced and attractive urban environment that meets the needs of residents, enhances the quality of life, and reflects the vision of development and progress in the city.

There are many prominent new urban projects in Istanbul. Among the notable projects that have been implemented or planned in recent years include:

1-Istanbul New Airport: Istanbul New Airport is considered one of the largest urban projects in Turkey and the world. It was opened in 2018 and is now considered one of the busiest and most trafficked airports in the world.

2-Istanbul Metro Project: The metro network in Istanbul is continuously expanded and developed. This project aims to improve public transportation in the city and relieve traffic congestion.

3- Highway and bridge division project: Many bridges and highway divisions were built in Istanbul to improve traffic and facilitate access to different areas of the city.

4-Redevelopment project of the old port area in Karakoy: This project aims to transform the old port area in Karakoy into a modern residential and commercial area that includes green spaces and public facilities.

5-The Golden Port Axis Redevelopment Project: This project aims to transform the old Golden Port area into a modern urban area that includes commercial, residential, and cultural centers.

6-Zeytinburnu redevelopment project: This project aims to transform the coastal Zeytinburnu area into a luxurious residential and commercial area that includes green spaces and recreational facilities.

7-Galata District Redevelopment Project: The historic Galata district in central Istanbul has been transformed into a wonderful tourist and commercial area. The project includes the rehabilitation of historical buildings and turning them into shops, restaurants, and luxury hotels.

8-Sisli area redevelopment project: These projects aim to transform the modern Sisli area into a luxury area that includes a variety of luxury homes, offices, commercial centers, and hotels.

9-Eder Area Redevelopment Project: These projects aim to transform the coastal area of ​​Eder into a luxurious residential area characterized by beautiful landscapes and modern facilities.

10- Project to transform Sarkaji train station into a cultural center: This project aims to transform the historic Sarkaji train station into a cultural center that includes theatres, exhibitions, cafes and restaurants.

11-Yenikapi Area Redevelopment Project: This project aims to transform the coastal Yenikapi area into a modern residential and commercial area that combines green spaces and recreational facilities.

12-Atakoy Area Redevelopment Project: This project aims to transform the Atakoy area into a residential and commercial area that includes a variety of residential buildings, offices, and commercial centers.

 

What is the urban renewal project in Karakoy area?

The redevelopment project of the old port area in Karakoy is one of the prominent new urban projects in Istanbul. This project aims to transform the old port area of ​​Karakoy into a modern residential and commercial area that includes green spaces and public facilities.

Karakoy is an ancient historical district located on the European shore of the Bosphorus. In the past, the area was used as a fishing and maritime trade port. Over time, the old port became neglected and needed comprehensive redevelopment.

Redevelopment project of the old port area in Karakoy

 

Components of the Karakoy Old Port Area Redevelopment Project include:

-Rehabilitation of historic buildings: The project includes the renovation and restoration of historical buildings in the area, such as warehouses and old buildings, to preserve the historical identity of the area and use them for various purposes such as cafes, restaurants, and cultural centers.

-Development of residential areas: The project includes the construction of a variety of housing units, including residential apartments, villas, and traditional houses, to meet the needs of different residents. The houses and residential complexes are designed in a modern and comfortable style.

- Establishment of public facilities and spaces: The project includes the construction of a group of public facilities and spaces such as gardens, parks, pedestrian walkways, and recreational spaces. These spaces are designed to enhance the social and cultural life of the area and provide a comfortable environment for residents and visitors.

- Developing commercial facilities: The project includes establishing a group of commercial centers, shops, and markets to meet the needs of the population and enhance commercial activity in the region. These facilities are designed in a modern and attractive style to attract visitors and buyers.

 

What is the tersane istanbul project?

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The "Tersane Istanbul" project is a real estate development project in the Karakoy area in Istanbul, Turkey. The project aims to redesign and transform the old naval dock area and former seaport in Karakoy into a modern residential and commercial area.

The Tersane Istanbul project is developed by Emlak Konut, a subsidiary of Turkey's Housing and Infrastructure Administration. The project is distinguished by its strategic location on the shore of the Bosphorus, and is considered part of the efforts to redevelop and improve the Karakoy area in general.

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The components of the Tersane Istanbul project include a variety of luxury residential units, including apartments and villas. The residential units are designed in a modern and luxurious style, offering panoramic views of the Bosphorus and the surrounding landscape.

In addition to residential units, the project also includes commercial and entertainment facilities such as restaurants, cafes, shops, and public parks. The project aims to create a vibrant and integrated environment that meets the needs of residents and provides them with a mix of services and experiences.

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The Tersane Istanbul project is part of the Karakoy redevelopment efforts, which aims to transform the area into a contemporary urban destination that combines historical, cultural and modern elements.

It is a mixed-use project that will be built on a total land area of ​​26.6 hectares (266,400 square meters) and a total building area of ​​761,810 square meters. The project will include 1,000 residential units, 4 hotels consisting of 1,600 rooms, office units, retail units, parking, cultural and religious uses, and a marina.

The project is located in the heart of Istanbul, close to major corporate offices, shopping, dining and entertainment options. The complex is expected to be completed by December 2025.

 

What is the Galata port project?

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It is an open air shopping mall and mall located in the Galata area near Karakoy Port and the historic Galata Tower.

Galata Port has been transformed from an ancient port into a modern and beloved shopping destination for local residents and tourists. It is distinguished by its central location and its view of the Bosphorus and the Golden Horn area.

Galata Port has a variety of shops, restaurants and cafes. Visitors can wander the corridors and enjoy shopping for international and local brands, have a delicious meal in one of the restaurants or relax in the cafes located there.

In addition, various events and activities are organized at Galata Port, such as exhibitions, art shows and concerts, to provide a comprehensive shopping and entertainment experience for visitors.

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Istanbul Galata Port is a major global destination project that includes a cruise port on the 1.2-kilometre-long Bosphorus coast.

The project is being built by the Turkish Doğuş Group and Bilgili Holding Company with an investment of $1.7 billion.

The project will include a total of 230 food and beverage and retail stores, with approximately 52,000 square meters of total leasable area allocated to shopping and food and beverage establishments.

The project will also include a metro station operating with a hatch system, which is the first of its kind in the world.

The historic port maintains its position as Istanbul's sea gateway to the world.

  The project is expected to attract about 25 million visitors annually, including 7 million foreign tourists and about 1.5 million cruise ship passengers to Istanbul every year.

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