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Capitol Shopping Center

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A large shopping and entertainment complex in Istanbul's Altunizade neighbourhood on the city's Asian side.

Last updated August 24, 2026

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Overview

Capitol Shopping Center, also known in Turkish as Capitol Alışveriş Merkezi, is a shopping and entertainment complex in the Altunizade neighbourhood of Üsküdar, Istanbul, Turkey. It opened in 1993 and is recognized as the first modern large-scale shopping mall on the Asian side of Istanbul. The center was developed as a multipurpose destination rather than solely as a retail facility, combining shops with food service, cinema, leisure, parking, and broadcasting functions. The complex occupies approximately 73,000 square metres and is arranged across six floors. Its tenant mix has included 157 retail stores, a department store, and an MMM Migros supermarket. The retail offer is supported by restaurants, fast-food outlets, cafés, and other everyday consumer services. A large central fountain provides a visual focal point for the interior and surrounding café areas, while both open-air and covered parking support access by car. Entertainment is a major part of the center's proposition. Capitol includes a bowling facility, an entertainment center, and a multiplex cinema. The cinema has been described as one of Istanbul's largest and most modern movie venues, with 14 separate halls or sections. The complex has also hosted Capitol Radio, a private radio station broadcasting from the mall, extending its role beyond conventional shopping and leisure uses. Capitol's location in Altunizade places it near important transport and residential areas on Istanbul's Asian side. Its historical significance lies in helping introduce the modern enclosed shopping-mall format to that part of the city during the early expansion of Turkey's organized retail and commercial real-estate sector. Publicly available reference material provides limited information about its ownership, financial performance, management, later renovations, and current tenant roster.

History

Capitol Shopping Center opened in 1993 in Altunizade, within the Üsküdar district of Istanbul. Its establishment coincided with the growth of modern shopping centers in Turkey and marked an important development for Istanbul's Asian side, where it became the first modern large shopping mall of its kind according to reference descriptions. Rather than functioning as a simple collection of stores, the center was planned as an integrated commercial and leisure complex. The facility was built across six floors and covers approximately 73,000 square metres. Its original and documented operating model combined a large retail component with food service, entertainment, and practical visitor amenities. The center housed approximately 157 retail stores, a department store, and an MMM Migros supermarket. Restaurants, fast-food businesses, cafés, and a central fountain area contributed to its role as a social and recreational destination as well as a place for routine shopping. Cinema and leisure facilities formed another important part of Capitol's identity. The complex included a multiplex cinema described as having 14 separate halls or sections, along with bowling and an entertainment center. These facilities reflected the emerging Turkish shopping-mall model in which retail, dining, and indoor recreation were deliberately combined to encourage longer visits. Open-air and covered parking areas further supported the center's metropolitan catchment. Capitol also became associated with broadcasting through Capitol Radio, a private radio station operating from the complex. This gave the property a media presence in addition to its commercial functions. Cafés around the large central fountain created an additional public-facing area within the mall. Available reference material does not provide a documented chronology of ownership changes, major expansions, renovations, financial results, executive appointments, or tenant changes. It does, however, establish Capitol's continuing significance as an early modern shopping-center development on Istanbul's Asian side and as a combined retail, entertainment, and community destination.

  • 1993

    Capitol Shopping Center opens

    [1]

    Capitol opens in Altunizade, Üsküdar, and is described as the first modern large shopping mall on Istanbul's Asian side.

Products and positioning

A major urban shopping, dining, and entertainment destination serving Istanbul's Asian side, with an emphasis on a broad retail tenant mix and family-oriented leisure facilities.

  • Shopping mall retail · 1993

    Retail stores

    Capitol's principal commercial offer is its collection of retail units, documented as numbering approximately 157 stores. The tenant mix serves general consumer shopping needs and has included fashion, household, and other conventional mall categories. Individual current tenants are not specified in the available reference material.

  • Grocery retail

    MMM Migros supermarket

    An MMM Migros supermarket has been documented as part of the center's tenant mix, providing grocery and everyday consumer shopping alongside the mall's specialist retail stores.

  • Cinema and entertainment · 1993

    Capitol Cinema

    The center includes a multiplex cinema described in reference material as having 14 separate halls or sections. It has been presented as one of Istanbul's larger and more modern movie venues, complementing the mall's retail and food-service functions.

  • Leisure · 1993

    Bowling and entertainment center

    Capitol has included bowling and a broader entertainment center, supporting its positioning as a family-oriented leisure destination rather than a purely transactional shopping facility.

  • Broadcasting

    Capitol Radio

    Capitol Radio is a private radio station associated with the complex and documented as broadcasting from the shopping center. The available material does not specify its launch date, ownership, programming, or present operating status.

Sources1 sources

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