Fairmont Hotels & Resorts announced a new development in Istanbul, Turkey, scheduled to open in 2016. The 210-room hotel will be joined by branded residences and is part of the Quasar Istanbul complex, a new mixed-use development in the Sisli district. The project is being developed through a joint venture with Viatrans – Meydanbey; Viatrans is a Geneva-based company specializing in shipping logistics and insurance, as well as commercial real estate.
The Quasar Istanbul complex is in the central business district whose showpiece is the former Mecidiyekoy Liqueur and Cognac Factory. Built in the 1930s, the factory was designed by Robert Mallet-Stevens.
Two 41-story towers will sit above a four-story office podium with fitness facilities and luxury retail stores. The towers will house a Fairmont Hotel and Fairmont Residences, as well as Quasar Residences and offices which will be managed by Fairmont. The hotel will feature Fairmont Gold, the brand's hotel within a hotel lifestyle offering, a number of lounges and several restaurants, 21,528 square feet of function space and a Willow Stream Spa.
The two residences are whole-ownership, private homes and will offer studios, one- and two-bedroom apartments and three-bedroom duplexes. While in residence, owners will have access to a private lounge and a number of services and amenities such as 24-hour concierge, wine cellar, preferred pricing for various hotel offerings including dining, spa and fitness, meeting facilities and hotel guestrooms. Owners will also be awarded VIP status and privileges when they travel to any Fairmont hotels or resorts worldwide.
The former distillery, located adjacent to the hotel will undergo a restoration echoing the Modern style of its French designer to become a center for special events and exhibits.
Fairmont Quasar, Istanbul is the most recent project to be announced by the brand in the region and joins Fairmont Kyiv, Ukraine; Fairmont Baku, Azerbaijan (2013) and Fairmont Pekin, Moscow (2016).