Dubai Towers Istanbul
Encyclopedia
Dubai Towers Istanbul was a skyscraper
project that was to be built in the district of Levent
, in Istanbul, Turkey.
It comprised a twin-tower complex which was to contain extensive office space, residential apartments and penthouses, retail outlets and boutique hotels. Had it been completed, the towers would have become the two tallest buildings in Turkey
. Tower 1 was expected to reach a height of more than 300m (103 floors) and Tower 2 over 350m (125 floors).
The site for the project was the former IETT Bus Garage, on Büyükdere Avenue in the financial district of Levent. This prime plot of land is located amongst many of Istanbul's current crop of skyscrapers - across the road from the Sapphire of Istanbul
(Turkey's current tallest building),and will reach 261m in height.
The project was proposed by developers Sama Dubai
(formerly Dubai International Properties) who saw Istanbul as potential for foreign investment. The project will cost US$500,000,000 and is part of a US$5billion investment into the city.
The agreement states that Sama Dubai will hold 80% of DTI's shares, while the Istanbul Metropolitan Municipality, which currently owns the land plot, will hold 20%.
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...
project that was to be built in the district of Levent
Levent
Levent is a neighbourhood and one of the main business districts of Istanbul, Turkey, located on the European side of the city. It is a part of the municipality of Beşiktaş which is situated to the north of the Golden Horn, at the western shore of the Bosporus strait.Levent is in direct...
, in Istanbul, Turkey.
It comprised a twin-tower complex which was to contain extensive office space, residential apartments and penthouses, retail outlets and boutique hotels. Had it been completed, the towers would have become the two tallest buildings in Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
. Tower 1 was expected to reach a height of more than 300m (103 floors) and Tower 2 over 350m (125 floors).
The site for the project was the former IETT Bus Garage, on Büyükdere Avenue in the financial district of Levent. This prime plot of land is located amongst many of Istanbul's current crop of skyscrapers - across the road from the Sapphire of Istanbul
Sapphire of Istanbul
Istanbul Sapphire, or Sapphire, is a skyscraper, and as of 2011, the tallest building in Istanbul and Turkey, located in the central business district of Levent. It will relegate to the second spot upon the completion of the Diamond of Istanbul triple towers, located in the nearby central business...
(Turkey's current tallest building),and will reach 261m in height.
The project was proposed by developers Sama Dubai
Sama Dubai
Sama Dubai is a member company and subsidiary of Dubai Holding, a holding company set up by the government of Dubai. Sama Dubai was created as a company with wider responsibility and mandate than its previous predecessor . Sama Dubai is practically the international property arm of Dubai Holding...
(formerly Dubai International Properties) who saw Istanbul as potential for foreign investment. The project will cost US$500,000,000 and is part of a US$5billion investment into the city.
The agreement states that Sama Dubai will hold 80% of DTI's shares, while the Istanbul Metropolitan Municipality, which currently owns the land plot, will hold 20%.
Usage breakdown
- The top 10 floors were to contain 36 penthouse apartments.
- 150 luxury residential flats with 24-hour service on the 20 floors below the penthouse apartments.
- The 40 floors below the apartments with 24-hour service were allocated for apartments without service. There would be 330 residential flats in this section, making a total of 516 residential flats in Tower 1.
- The 30 floors below the residential section were to be used as a 200-room boutique hotel with conference halls, exhibition centers and art galleries.
- Tower 1 and Tower 2 would both have risen above a retail facility which would have focused exclusively on the world's top brands of fashion design.