RMJM has revealed plans for a $1 billion development inIstanbul’s new residential and business district
The luxury 372,000m² development – being designed by RMJM’s New York and Istanbul studios - will be located in the Atasehir district of Istanbul which the Turkish government intends to transform into the country’s new financial district and business centre.
Set on a site that features panoramic views stretching from the Bosphorus Strait in the west to the Princes’ Islands and the Sea of Marmara to the south, the development includes a 60-storey tower, 1,500 residential units, a five-star hotel, offices and conference facilities with landscaped public areas and parking facilities. The project, which is expected to serve 20,000 people, is scheduled to be completed in 2011.
Active ‘green’ design features include rainwater collection sites and facilities to optimise water usage and reduce energy consumption, wind turbine technology and a co-generation plant that will produce electricity for the development.
‘We’re thrilled to have this opportunity to create a landmark community in Istanbul’s up-and-coming financial district,’ said Chris Jones, RMJM design principal who leads RMJM’s new Istanbul office. ‘RMJM’s design not only addresses Istanbul’s culture, climate, architectural heritage and cosmopolitan attitude but also sets a new standard for sustainable design for Turkey. Sustainable design is no longer a trend but a necessity and our client VARYAP embraced the idea from the start.’
M. Erdinç Varlibas, CEO of developers VARYAP, said: ‘Our aim is to ensure that we leave a better world to future generations and we believe that the VARYAP MERIDIAN project will raise the standards of the Turkish real estate market generally. The unique design reflects our cultural heritage as well as a true consciousness of the environment, which we strive for in all our projects.’