Torun Center – İstanbul
Project Details

Torun Center is being designed as a mixed-use project on the land of the former Ali Sami Yen Stadium.

Equipped with a range of characteristics which will meet all the requirements of the modern life, the units under development vary from 1 bedroom units with an area of 100 m² to large 4 bedroom units with an area of 425 m² . Composed of 3 blocks, two of which are 42-floor residential blocks and a 36 floor office block, the project will have a three storey car park, one of which will be reserved for the municipality.

The tower blocks are designed in different positions on the lot, inspired by the "tropism" concept, referring to the plants that orient themselves towards the sun. With this design, all façades of the three blocks will enjoy different panoramic views of the city, from the Bosphorus to the Sea of Marmara.

Through the Project, İstanbul will enjoy a modern town square. Areas below ground level are planned as office floors with gardens and terraces. The centerpiece of the project is designed to be a city square with restaurants and cafés on a 10,000 m² area. On the other hand, the west of the plot is planned to enhance the integration of the project with the city.

Sales which began in the first quarter of 2013 are executed in the US dollar currency.

Ownership : Torunlar REIC (100%)
 
Start of Construction : Q3 2012
 
Completion Date : Q4 2015 (Office Tower)
 H1 2016 (Residence Tower)
 
Estimated Construction Cost : TRY 486.9
 
Land Area (m²) : 33,615.15
 
Sellable Area (m²) : 77,938 Residential Units,
47.544 Office and Flat Office Space
 
Leasable Area (m²) : 49,926 (Office Tower, Flat Office and Commercial Area)
 
Number of Units : 625 (399 Residence,
113 Office (Tower),
113 Office (Flat)
 
Appraisal Value (Residences-Sellable assets) (December 2016) : TRY 1,034 million
 
Appraisal Value (Offices and retail area (Leasable assets) (December 2016) : TRY 1,028 million
 
Current Status : Construction of the offices is completed; other units will be completed in 2016.
Photos
©Copyright 2016 Torunlar REIC
Torunlar REIC reserves the right to alter, rectify and publish all kinds of information on the website.
Privacy Policy and Terms of Use
Rüzgarlıbahçe Mahallesi Özalp Çıkmazı No: 4 34805 Beykoz / İstanbul
P: +90 216 425 03 28 / +90 216 425 20 07 F: +90 216 425 59 57
info@torunlarreic.com