The Ora Convention Centre is part of a mixed-use development that will also include a three-star Holiday Inn Express and four-star Crowne Plaza hotel on site.
A total of 9,150sqm of exhibition space will be split between two halls, while there will also be nine meeting rooms and the 6,300 seat Ora Arena.
The centre will be operated by SMG Europe, which also manages the Manchester Evening News Arena and will operate the Leeds Arena when it opens in 2013.
Istanbul was Europe's Capital of Culture in 2010 and also features the Istanbul Congress Centre and Istanbul Convention and Exhibition Centre.
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