600 Million Dollars Investment by Folkart

Folkart, one of Turkey's largest and leading real estate developer companies, started construction activities by obtaining a license for an investment of 600 million dollars in İzmir New City Center.

Biggest Green Space

Folkart will position one of the largest green spaces among similar examples in its new project in the city center. Folkart, the leading company of the sector with the innovative, aesthetic, technological and environmentalist living spaces it has built so far, has started the construction activity for its new project.

Demand will be collected

Work is progressing rapidly in Folkart's new investment move. The construction of the private promotion office, which is planned to be used in the 600 million dollar investment, for which the final touches of the architectural works have been carried out, has also started. When the special promotion office, which will also include the sample flats, is completed, the sales process will proceed with the bookkeeping phase.

Employment for 5 Thousand People

Folkart Chairman of the Board of Directors Mesut Sancak spoke as follows:

“Our giant project will be located in İzmir New City Center. We are about to finalize the architectural work of this mega project, whose name we have not shared with you yet. During the construction period, 5 thousand people will be employed. With a total investment of 600 million dollars, a top-notch project will emerge that will befit our beautiful Izmir.”

1625 Residences, 70 Commercial Areas

The project, which carries the signature of TAGO Architecture under the leadership of architect Gökhan Altan Altuğ, is located at the most popular spot of İzmir New City Center. The project, which has a closed construction area of 330 thousand square meters with a view of Izmir Bay; It has the distinction of being the biggest in İzmir and the most assertive in Turkey in its lane. The project, which will consist of a total of 1625 residences and 70 commercial areas; It will be crowned with a very special bazaar, exemplary green areas, living centers with different functions, recreational, entertainment and cultural points, gastronomy venues, sports centers, SPA and pools. Folkart will present the visuals of the project to the public in detail in the coming period.

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