“This building is my blue eyed valentine” says Murat Polat, the heir of construction branch of Polat Holding, which is preparing the highest building of Europe to opening.

Smart building of 21st century, Polat Tower Residence, was being constructed by Polat Holding in Ihlamur, and will be the highest resident development of Europe. The construction of the residence, which was named as “my blue eyed valentine” by the vice-president of Polat Holding, Murat Polat, was commenced on 1998. Today the rough masonry is completed and on September 2001, the tower will be fully in service. A nucleus team of 60 people were in charge during the construction and within 2.5 years, it had a cost price of USD 70 million. The residence, whose construction was commenced on 1997 after the ground survey done by prof. Ahmet Saglamer, a professor in ITU , is consisted of apartments with two different sizes; 71 m² and 81 m². It is also possible to buy and merge two apartments. 120 apartments of the total of 400 were already sold out on basis of %20 in advance and the rest in 40 months installments.

A rich project

Murat Polat states that the purpose of the project is to provide a comfortable and privileged lifestyle for the small families and for the young people. He also adds that the apartments are decided to be small, in order to the effort of the people. In addition to the health and security teams that are in charge for 24 hours, a restaurant, a fitness center, there will also be a hypermarket named “Sampiyonsa” near the building, which will be managed by Sabanci.

Murat Polat, the heir of construction branch of Polat Holding says that there are enough licensed areas to be utilized in 10 years term and some residence and business center projects are ready for the following term. Murat Polat bought the complete area before the local elections, at which his brother Adnan Polat has been a candidate for the mayor of Istanbul, to stop gossips before they begin. Adnan Polat is responsible for industry, and his father Ibrahim Polat is responsible for the tourism department of the holding. Murat Polat states that they may invest in the important sectors of the present time like energy and/or internet. But in Polat Holding, “fathers” have strong effects as in many other family companies. For this reason, Murat Polat says that the new investments are the ideas that they study on, and adds that they want to reach the top step by step. Meanwhile, he implies that they may invest in a project in the USA on the following days.


Aksam Newspaper – May 21, 2000