In the literature the emergence of the creative class which is called creative people, artists, bohemians or the new middle class by different researchers is concerned with the development of creative industries in urban centers in the process of urban reconstruction. A creative class has emerged by the fact that the service sectors which could be organized in a post-fordist production organization in contrast to the fordist production organization [21] and which prioritize knowledge, technology and creativity [91] have filled the fields emptied by industry sector in urban centers. The creative class which is divided into two different groups by Florida [4] through their occupations including the ‘super creative core’ and ‘creative professionals’ is defined on the regional scale by its role in the economic growth of the region. Creative class is examined in relation to the concepts of creative cities [20], [37], [47], [61], [98]’ and ‘creative industry clusters [26], [36], [53], [55]’ at the urban level and in relation to the concepts of ‘gentrification and displacement [22], [34], [65], [66], [71]’ in the context of their impact on urban centers at the local level.

Within the scope of study the relationship between creative class and gentrification- displacement in the context of its effects on urban centers on the local scale through Yeldegirmeni-Kadıkoy is focused. In order to understand the changing process in Yeldegirmeni, semi-structured interviews were conducted in 2 different sections with the different user groups (inhabitants and employees - 2016 - 100) in the settlement and actors (2018-6) which are effective in the implementation and decision-making processes in the settlement.

According to the results of the interviews Yeldegirmeni which is a very attractive settlement by the artists located in ‘bohemian’ groups of ‘super creative core’ [4] due to its features (location, historical and cultural identity) has entered the changing process in which the rental and property values began to increase with the increase in the number of art workshops and cafes in the years of 2013-2014. This process defined as the 1st stage of gentrification has been followed by the 2nd stage of gentrification in which the households with low income have been displaced by student groups, the shopkeepers who were unable to cope with the increased rents have been displaced by cafes and craftsmen who are the settled elements of neighborhood culture in Yeldegirmeni have been displaced by artists. The neighborhood life of Yeldeğirmeni where it is possible to see signs from the 3rd stage of the gentrification today faces the danger of extinction due to the weakening of the neighborhood relations, increasing the rate of unfamiliar people and thus reducing the sense of ownership of the place. The issue of which role should be taken by whom against this danger was discussed together with the actors interviewed and the study was concluded with the ‘conclusion’ chapter in which the findings of field study were evaluated in associated with the literature.