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FINANCIAL NEWS
Dubai’s Emaar to start Boulevardi development in Istanbul
03 Oct 2012
(MENAFN) Emaar Turkey, a unit of Dubai-based top developer Emaar Properties, has launched its second residential development in Istanbul, Arabian Business reported.
The “Boulevardi” was announced at the Cityscape Global in Dubai.
The project will include more than 1,000 residential units, a mall, inspired by Dubai Mall, a 190-key five-star hotel and leisure facilities and offices.
The centrepoint will be the Boulevardi mall, which will be one of the largest in Istanbul and will derive its design inspiration from Emaar’s Dubai Mall, the largest retail destination in the world.
The mall will have over 400 stores, a range of food outlets and leisure attractions including a discovery centre, underwater zoo, family entertainment complex, ice skating rink and movie theatre.
Emaar has completed it’s the first phase of it first urban development, the Tuscan Valley, in western Istanbul in June 2012.
Second phase will include villas with gardens and terraces and the Tuscan Shopping Arcade, which will include 25 stores and approximately 3,700 square meters of rentable commercial space.
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