It is owned by Istanbul Metropolitan Municipality and operated by its City Theatres (Şehir Tiyatroları) division.

[1] The theatre is named in honor of the Turkish playwright Haldun Taner (1915-1986).

Situated on the landing square (İskele Meydanı), the building, which hosts the theatre today, was constructed as the first modern market hall in Istanbul between 1925 and 1927.

However, it stood vacant for a period of ten years since the traders in the agricultural marketing business did not want to be tenant.

On March 13, 2021, the restoration works of the building were started by the Istanbul Metropolitan Municipality and are planned to last 620 days.