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New Istanbul International Financial Center, Istanbul, Turkey

Thursday 14 Mar 2013

From strength to strength

Images: HOK 
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20/03/13 S, AUERBACH, f.a.i.a., Chevy Chase, Md.
What a jumble ! Form in contrast to form, nearby, turned around, tall and short, diagonal facades vs, other facades turning away from each other. Holy smokes, what about tranquil beauty. Has the profession rejected the notion of peacefully rendered beauty and placement ? It used to be done very well !
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$2.6bn International Finance Center for the world's second most populous city 

The London and New York offices of HOK have released renderings of a 4.2million sq m mixed-use facility for the Turkish Government. The New Istanbul International Finance Center (IFFC) is under construction on a 70-hectare site on the city’s Asian side. Once complete the complex will encompass residential, retail, office, conference, hotel, and park space in a highly sustainable masterplan drawn up by HOK who have also designed two of the site’s office towers. The masterplan is split into four individual sections: culture; commerce; civic; and governance.

HOK President Bill Hellmuth, AIA, commented: “We are honored to have the opportunity to plan a world-class financial center in Istanbul - a city that historically has been such a dynamic global center for commerce. Our masterplan provides a framework for developing a sustainable financial center in a way that blends human need, environmental stewardship and economic viability into a new global model of urbanism rooted in Turkish culture.”

As part of their bid for the 2020 Olympic Games, Istanbul undertook a series of economic analyses which confirmed a rise of more than 8% in Turkey’s economy in 2011. Following the release of these figures, the Turkiye Milli Olimpiyat Komitesi said: “[This data] proves what we have been saying quietly and confidently for several years now: that Turkey is building a strong, stable and sustainable new economic model.” With the second largest population in the world behind Shanghai and a burgeoning economy, the argument for the city to receive an International Finance Center of this nature is strong.

Costing $2.6bn (€2bn), the project will incorporate a number of infrastructure improvements including a new subway line with associated station and infrastructure for sustainable power, water, data and security. All of these systems will be integrated into a podium which will provide the surface for a new urban park. Due to complete in 2016, work on the scheme has already begun onsite with excavation well underway.

Arup provided a variety of engineering, sustainability, information technology, communications and security design services during the masterplanning phase.

Sian Disson
News Editor

Key Facts

Status Under construction
Value 2,000(m€)
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