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Aegean City Of Izmir Set For First Supertall

Izmir, one of the largest cities in Turkey, could soon be set to receive its first supertall skyscraper, the 358 metre tall Highlife Tower.

Developed by the Folkart Group, the residential building will have 75 floors and follows hot on the heels of twin towers already built by the same developer that once complete will have the largest LED screens in the world.

Although the developer claims that the tower will be the tallest in Europe beating the Shard. Notwithstanding arguments about the location of Turkey as European or Asian, the 358 metre tall height includes the area clearly above the roof including the non structural spire, and as such, the tower will fail to meet the requirements needed by the CTBUH for the tallest building in Europe.

Driving development in the Aegean city is not only an ever-growing Turkish economy, but also the increasing popularity of the area with wealthy Russians who have an insatiable desire for upmarket residential property on such a scale that already over 80% of their existing development pipeline has sold out in the city. At the same time the cost of buying space in the Folkart developments has increased from $2,300 per square metre to over $3,000 just during their period of construction giving the developer ever higher returns.

In an attempt to catch on to this boom, development of the scheme is expected to be rapid with construction of the foundation completed by the middle of next year and the 358 metre tall building finished during 2018.
Highlife Tower, Izmir
Highlife Tower, Izmir