
Turkey is all set to develop the ‘greenest’ project in Istanbul’s new residential and business district. This was confirmed by RMJM, who released the details of this mammoth the US $1 billion development project. Set on 107,000 sq m, this project 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 has been commissioned by Turkish real estate development company VARYAP that is a part of Varlibas Group International. The project 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.
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