Jumeirah Group has announced it will manage a new property in Istanbul. The US$450m Sea Pearl development, which will open in 2019, will include a 202-room Jumeirah hotel and 62 private residences managed under the Jumeirah brand. The mixed-use development in the Ataköy district.
The hotel will feature rooms and various suite categories from 47 to 430m2 while the residences will range from 57m2 (one bedroom) to 400m2 (five bedroom). The development includes a significant conference hall, a VIP Club facility measuring 2,873 square-meters, a Business Centre, a large sports complex, which will include a large spa and wellness facility with Turkish hammam as well as an indoor-outdoor swimming pool, a shopping arcade and several food and beverage facilities including a seafront dining area.
The Ataköy property will be the third in Turkey for Jumeirah Group which currently operates Pera Palace Hotel Jumeirah (see review, here), as well as the Jumeirah Bodrum Palace in Bodrum ( see review, here).
Mr. Stefan Leser, Group Chief Executive, Jumeirah Group, said: “Jumeirah Group already has a strong brand presence in Turkey and we are delighted to operate a second Jumeirah property within the dynamic city of Istanbul. This welcome addition to our portfolio is another step towards achieving the Group’s long term growth strategy. Kuzu Group’s established track record for visionary developments fits well with Jumeirah’s reputation for luxury and exceptional hospitality, and we look forward to a long and successful partnership.”
Mr. Özen Kuzu, CEO, Kuzu Group, said: “The Ataköy district is strategically located to attract both leisure and business travellers. This urban resort development will enjoy unrestricted views of the Marmara Sea and have a sense of peace and tranquility, whilst also being closely connected to Istanbul’s historical centre just a short drive away. It is within close proximity to the Atatürk International Airport and an emerging commercial district, where several new mixed use projects are under development or recently completed. We are delighted to be partnering in this prominent and luxurious project with a worldwide renowned group such as Jumeirah.”