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The historic star of Istanbul
Built in the 1800s to serve the Russian Embassy, Narmanlı Han is located in Istanbul’s historic Beyoğlu district. Up until the beginning of the 20th century, various annexes were added to the complex. In 1933, the complex was sold to the Narmanlı family and later used for shops, offices, residential units and artists’ workshops. A number of famous personalities have lived in the building; among them Turkish artists and writers such as Ahmet Hamdi Tanpınar, Aliye Berger and Bedri Rahmi Eyüboğlu.
Narmanlı Han is a complex of five large buildings built around an inner courtyard situated on a 2,643 square meter site. At the end of May 2001, an agreement was signed with the Narmanlı family for construction in return for landownership. At present, Yapı Kredi Koray owns 15% of the complex. Upon completion of the Narmanlı Project, 60% of the complex will be owned by Yapı Kredi Koray with the balance owned by the Narmanlı family. The project, which will be accelerated in 2006, is considered a primary example to historical transition projects in Turkey. This project in Beyoğlu will consist of various functional units such as a movie theater, a concert hall, an exhibition hall, shops, a bookstore, a music store, cafés and restaurants, workshops and studios. Thus it will serve as the much-longed-for meeting place for Istanbul residents.
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