Lotus Nisantasi Project, which is located in the heart of Halaskargazi, Rumeli and Valikonağı streets, is an extensive project that consists of residences, offices, hotels and shopping centers. Bertuğbey Construction, the architectural designer, and Tabanlıoğlu Architecture, the contractor of the project, will add a different color to Nişantaşı, the most prestigious spot of the city. Lotus Nişantaşı, spreading over a land of nine thousand square meters, has a total construction area of 97 thousand square meters. The Lotus Nişantaşı project involves the renovation of the old monuments in the area. It is designed to be in harmony with the traditional architecture of this historical district of Istanbul.Since the beginning of the 20th century, Halaskargazi Street, one of Istanbul’s most valuable centers in terms of urban life and trade capacity, which once housed modern and iconic apartment buildings and luxury housing, has been transformed into a region where small businesses have become predominant. As a result of this process that has accelerated particularly after the 1980s, the historical buildings of the district have been neglected and become worn out. In this period when the resident profile of the buildings also changed, the apartments that lost most of their residential properties became storehouses, causing the district to lose its quality of being a neighborhood.