|- Istanbul's Changing Skyline: The Effects of Landmark Project 497 kb|
|by Arslanli, Kerem Yavuz | email@example.com |
|After the 2002 economic crisis in Turkey the real estate market has evolved |
with respect to international globalization agenda. Istanbul, the biggest
city of Turkey has been affected with many severe planning problems within
last decade. This paper investigates the possible outcomes of the changing
skyline of Istanbul with respect to planning future of the city.
|After 2002 economic crisis in Turkey real estate market is evolved with |
respect to international globalization agenda. Istanbul as the biggest city
of Turkey affected with much severe planning problems within last decade.
This paper investigates the possible outcomes of changing skyline of
Istanbul with respect to planning future of city.
Turkey is a country under ongoing urbanization with a intensive immigration
from rural into urban areas. Urban population resident in provinces and
district center constitute 76.8% of total population, and rural population
resident in counties and villages constitute 23.2%. In coming years,
urbanization is expected to accelerate and reach to 84% level in the year
2023. Based on these foresights for the rate of urbanization, total urban
population of 57.4 million as of 2011 is expected to reach 71.14 million in
2023. Both the share of rural population and absolute numbers are
declining, which is expected to fall back to 13.55 millions in the year
2023. The housing demand sourced by immigration in Turkey is anticipated to
reach to equilibrium around 2025s. (PWC, 2012)
Between the years 2002 and 2006, Turkish economy has grown by 7.5%.
Consequently, private consumption expenditure have increased by 8%
annually, by 6% per capita and private sector investments in fixed assets
have increased by 23%. In parallel, the housing and commercial real estate
sectors have also demonstrated a considerable growth. Foreign capital
investments and the shares of international investors in commercial real
estates have also increased (PWC, 2012).
The Central Business District of Istanbul begins with the Barbaros
Boulevard,continues along the Büyükdere Avenue and reaches to Maslak. The
high-rise plaza type offices on the Esentepe-Zincirlikuyu-Levent-Maslak
direction have contributed to the development of this central business
Case Study presented on the ISOCARP Congress 2013: Frontiers of Planning - Evolving and declining models of city planning practice
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