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Izmit Town Center Regeneration

STATUS

R&D

PROJECT SIZE

373,000 m2

Izmit being a regional center has major highway and railroad connections, around which the city had developed. Besides connecting the city with its region, these transport arteries also divide the city in the middle.

 

This project embraces the ambition of Izmit Municipality to unite the constrained historic Town Centre with its wider urban context and together define a new ‘city scale’ core. By bridging the barrier created by the highways and rail infrastructure, this proposal provides a well-connected sustainable and mixed used development that will be the catalyst for wider urban regeneration.

The new pedestrian links and a series of high quality public spaces and boulevards, in conjunction with the proposed uses, will form a new iconic and civic focus for Izmit. The project will transform a disparate industrial and commercial zone into a thriving new urban community, which may ultimately promote further integration with the marina and waterside leisure environments proposed to the southwest. 

The overall masterplan vision combines residential, offices, hotel, concert hall, art centre and an attractive shopping centre with restaurants, movie theatre, fitness and many other social and cultural activities within a diverse architectural vocabulary to create a major new destination for Izmit and its region. Aerium’s proposal for Izmit town centre is part of this major master plan and represents 52,000sqm of land with over 130,000sqm of future mixed-use development, representing over $400M asset value.   

 

AWARDS RECEIVED

RLI 2014 BEST FUTURE PROJECT

 

ARCHITECT

BDP, United Kingdom

 

INVESTOR

AERIUM-RETFUND

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