Istanbul attracts 250,000 new inhabitants each year. The city is a sprawling mass that grew by 57% between 1975 and 2005. A vibrant place for trade and commerce that is proudly recognised as the European City of Culture 2010; surely a firm indication that this trend is not abating?
The problem with any fast paced city, like Istanbul, which has such a high growth rate, is the stress on its infrastructure. Istanbul is literally bursting at the seams. It presented a town planning nightmare; the logistics of transport had to be carefully thought through. Business people simply cannot afford to have two hour commute into work. The solution is the ambitious creation of three mixed use areas located around the expanding city centre. Developing an integrated transport network that will link these high growth areas of investment to the residential areas that feed the workers - is the end goal.
Kağıthane is a residential area that has the most to benefit from Istanbul transport improvements because it is perfectly located to one of the most pivotal of these areas - 'Cendere Valley Project'. The ideal investment property is purchased with the vision and knowledge of what it will be in years to come.
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