Placemaking Project by Ortaç Özortaç, Partner at Weconsult
PROJECT: Florentia Village DEVELOPER: Kalyon, Fingen OWNER: Kalyoncu Family, Fingen, GAW Capital
PROJECT HIGHLIGHT: Florentia Village Istanbul is Turkey’s first luxury designer outlet combined with a modern full price retail park creating a unique hybrid retail concept. Located next to Istanbul Airport – with over 90 Million visitors expected in 2025, and equipped with a direct metro access from Istanbul’s metropolitan area within only 25 minutes – the development showcases 65.000 sq m of leasable area in its Phase I. Florentia Village aims to set a new benchmark for retail, leisure and entertainment in the region through its scale, accessibility, attention to detail, service and innovative dual-concept structure.
Florentia Village is part of a mega development of 11,000,000 sq m and is the first milestone of a new sustainable neighborhood in Istanbul. Florentia Village Istanbul is set to become Turkey’s first luxury designer outlet destination, offering a new retail concept that merges two highly successful retail worlds: highend designer fashion and everyday lifestyle shopping, all within a unified and immersive environment. Developed by one of the leading conglomerates of Turkey, Kalyon Holding, and an international leader in Designer Outlet Management, RDM Fingen, Florentia Village is located next to the new Istanbul International Airport – Europe’s busiest future hub – and it features more than 65,000 sq m of GLA with 220 stores across a Designer Outlet and a modern Full Price Village.
This dual-format model is not only a first for Turkey, but also a globally rare concept, offering luxury and accessibility side by side under the auspices of one of the leaders in the market, RDM Fingen.
The project benefits from its prime location with a regional catchment of 14 million residents within 60 minutes with an average purchasing power of 7,200 euros. In addition, Istanbul Airport is expected to serve over 90 million passengers by 2025, further boosting footfall and international appeal. Seamless connectivity via the North Marmara Motorway and the new Ihsaniye metro station ensures rapid access to key city zones in under 30 minutes.
Florentia Village is designed as an open air full-day destination with distinct architectural zones including the Luxury Circle, Modern Village, and Gastro Square, along with a central Hotel Square. These curated environments blend shopping, dining, and leisure in a unique and memorable way. Future phases allow the project to grow to a 110,000 sq m leasable area with 350 stores, strengthening its position as a long-term commercial and cultural landmark.
Weconsult is a proud consultant to select leasing activities through all the pre-opening stage. Participating in a project of this scale and vision is not only an honor but a reflection of our strong capabilities and growing presence in the retail real estate market.
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