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Turkey. View Istanbul's Taksim Square. Taksim Square (Taksim Meydanä±) Or Estambeyoäÿlu, Situated In The European Part Of Istanbul, Turkey, Is A Major Tourist And Leisure District Famed For Its Restaurants, Shops, And Hotels. It Is Considered The Heart Of Modern Istanbul, With The Central Station Of The Istanbul Metro Network. Taksim Square Is Also The Location Of The Monument Of The Republic (Turkish: Cumhuriyet Anä±Tä±) Which Was Crafted By Pietro Canonica And Inaugurated In 1928. The Monument Commemorates The 5Th Anniversary Of The Foundation Of The Republic Of Turkey In 1923, Following The Turkish War Of Independence.