The three-storey brick manor was designed by the renowned architect Sarkis Balyan and finished in 1875 next to Ortaköy Mosque.

Subsequently, the building was used first as a tobacco warehouse and then as a coal depot from 1920 until 1975 when it was destroyed by a fire.

[1] The ruin, consisting only of the outer walls of the building, was purchased in the early 1990s by The Marmara Collection.

Following a renovation with additions designed by architects Haluk Sezgin and Philippe Robert, the mansion was opened in 2001 as a multipurpose event venue.

Within the brick exterior, which was left as the original, a steel and glass structure is incorporated.