Wednesday, April 8, 2009

Developers Looking to Ease Istanbul Parking Issues

Several projects in Istanbul are providing additional parking. Most are offering a space for one or even two cars for each apartment.

There has been a steady increase in demand for parking in Istanbul, therefore developers are taking notice, as they understanding extra parking sells their projects.

Istanbul has a population of 12 million, 4 million dwellings and 2.5 million cars.

  • Trump Towers in Mecidiyeköy has a six-story parking lot with a capacity of 2,800 vehicles.
  • Kanyon Shopping Center in Levent has a capacity of 2,300 vehicles.
  • Kempinski Astoria Mall at Esentepe has a 1,000-vehicle parking lot.
  • The 64-story Sapphire, to be opened later in 2009, has 174 apartments has enough parking for two cars per residence.

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