The project is being developed through a joint venture between Viatrans – Meydanbey. The Quasar Istanbul complex will feature two 41-story towers offering fitness facilities and luxury retail stores. The towers will house a Fairmont Hotel and Fairmont Residences as well as Quasar Residences and offices managed by the group.

The Fairmont Quasar will feature Fairmont Gold, the brand’s ‘hotel within a hotel’ lifestyle offering, a number of lounges and several restaurants, 2,000 square metres 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.  Owners will have access to a private lounge and a number of services and amenities such as a 24-hour concierge, wine cellar, preferred pricing for various hotel offerings including dining, spa and fitness and meeting facilities.

“Istanbul is an exciting, dynamic city that will appeal to our business and leisure guests,” said Jennifer Fox, President of Fairmont Hotels & Resorts.  “As well as complementing our other developments in the region, it is very exciting to be partnering with Viatrans on this amazing project blending hotel, residential and community space.”

Fairmont Quasar is the most recent project to be announced by the brand in the region, joining the brand’s portfolio of properties under construction, including Fairmont Kyiv, Ukraine; Fairmont Baku, Azerbaijan (2013) and Fairmont Pekin, Moscow (2016).

www.fairmont.com