By the end of 2024, 99.5 percent of the construction works for Phase 1 of the project, located within the İstanbul Financial Center and consisting of a 59-storey building with a gross floor area of 350,000 square meters above ground, had been completed.

Within the scope of the shell and core works for Phase 1, the exterior of the building has been fully enclosed, construction works have reached 100 percent completion, MEP installations are 99.68 percent complete, and elevator works have also been finalized. Testing and commissioning activities for Phase 1 have progressed to 95 percent.

In addition to the contractual works, demolition and reconstruction activities arising from revisions instructed by the Client are being carried out simultaneously.

All works under Phase 1 were completed by September 2024.