This paper foregrounds the state–corporate alliance in real estate development in Istanbul since the early 2000s. Employing a geo-coded sample of 294 private housing development projects built since the early 1980s and in-depth interviews with the private development companies, the paper focuses on how the construction industry and the massive commodification of urban land produced a new state–space nexus. The underlying question here is the nascent shape of urban political-economy, the trends of housing construction, the cycles of boom and bust and the mechanisms of capital accumulation concerning the state’s centralising control over space. In this sample, a few critical aspects of the production of concrete space became apparent. Seven findings are discussed. First, the developers of Istanbul followed the clientelistic patterns in the urban built environment. The second aspect is that the state is the sole supply-side actor that determines Istanbul’s built environment. The third point in this analysis of urban development initiated by the private sector is focused on the fact that the real estate speculation is state-led. The fourth and fifth points are related to the Turkish real estate developers’ inability to procure financing for the duration of the construction process. The sixth factor in the evaluation of the private real estate sector in Istanbul is the geographical and class dispersal of active development projects. The seventh factor in understanding those real estate developers is their novel approach to marketing and advertisement and the way they employ architecture as an extension of public relations.

本文重点介绍了自 2000 年代初以来伊斯坦布尔房地产开发中的国家-企业联盟。本文采用自 1980 年代初期以来建造的 294 个私人住房开发项目的地理编码样本，并与私人开发公司进行深入访谈，重点关注建筑业和城市土地的大规模商品化如何产生新的国家-空间关系. 这里的根本问题是城市政治经济的新生形态、住房建设的趋势、繁荣和萧条的周期以及与国家对空间的集中控制有关的资本积累机制。在这个样本中，混凝土空间生产的一些关键方面变得明显。讨论了七个发现。第一的，伊斯坦布尔的开发商遵循城市建筑环境中的客户主义模式。第二个方面是，国家是决定伊斯坦布尔建成环境的唯一供应方参与者。由私营部门发起的对城市发展的分析中的第三点集中在房地产投机是由国家主导的事实。第四和第五点与土耳其房地产开发商无法在建设过程中获得融资有关。评估伊斯坦布尔私人房地产部门的第六个因素是活跃开发项目的地域和阶级分布。