Peninsula Hotels has announced plans to develop a luxury hotel along the Bosphorus in Istanbul.

Plans call for conversion of three historic buildings, as well as construction of a new building as part of a port redevelopment project in the historic part of Istanbul that will include a passenger terminal, museums, restaurants, cafes and retail.

Peninsula, which currently has 10 hotels in its portfolio, earlier this year also announced plans to develop a hotel in London’s West End.

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