Galataport is a 400,000-square-metre (4,300,000 sq ft) mixed-use development located along 1.2 km (0.75 mi) of shore in the Karaköy neighbourhood of Istanbul, Turkey on the European shore of the Bosporus strait near its confluence with the Golden Horn right in the heart of the city. It includes the city's cruise ship terminal, around 250 shops and restaurants, a Peninsula hotel, the Istanbul Modern art museum, and other cultural and entertainment facilities; the complex also hosts festivals.