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The Grand Bazaar, located in the center of Istanbul between the neighborhoods of Beyazit, Nuruosmaniye, and Mercan, is one of the largest and oldest covered markets in the world. It encompasses approximately 4,000 shops providing employment for around 25,000 people, and on peak days it can host close to 500,000 individuals. In 2014, it was listed as the world's most-visited tourist attraction with 91,250,000 visitors, and it is frequently regarded as one of the world's first shopping malls.

The core of the Grand Bazaar began with the construction of the Inner Bedesten, also known as the Cevahir Bedesten, during the winter of 1455/56 shortly after the Ottoman conquest of Constantinople. Measuring 48 meters by 36 meters, its exact origins remain debated among scholars, with some suggesting it was a Byzantine structure. In 1460, Sultan Mehmed II commissioned the Sandal Bedesten, the second major structure, named after a fabric woven with cotton and silk threads.

The main extensive market was later built of wood by Sultan Suleiman the Magnificent. Spanning 30,700 square meters like a giant labyrinth, the Grand Bazaar grew over time to include roughly 66 streets. Historically, the complex housed up to 5 mosques, 1 school, 7 fountains, 10 wells, 1 sebil, 1 şadırvan, 24 gates, and 17 hans.

Over the centuries, the area surrounding the two thick-walled, domed 15th-century structures evolved into a vast shopping center as the developing streets above were roofed over. All shops were built to the same width, and each street hosted craftsmen of specific trades organized into guilds, such as quilt-makers and slipper-makers. Strict rules prohibited competition among sellers, and prices could not exceed those established by the state.

Throughout its history, the Grand Bazaar suffered repeatedly from earthquakes and major fires. Notably, the 1894 Istanbul earthquake caused some walls and a dome to collapse, after which the complex was repaired and reduced in area under the supervision of Mahmud Celaleddin Pasha. Further fires struck in 1943 and 1954, and the last major restoration of the complex took place in 1980.

Today, many shops in the Grand Bazaar have undergone functional changes, leaving traditional trade names like quilt-makers or slipper-makers as mere street titles. The main streets are now dominated by jewelry and gold shops, while smaller stores engage in traditional bargaining. Bustling at all hours, the bazaar continues to offer hand-woven carpets, silver artifacts, copperware, and leather goods to visitors from around the globe.

TypeHistory
City areaFatih
StatusVerified against sources