On 4 February 1854 the modern history of the city began with the strengthening of the Russian piedmont Fort Verniy nearby the Zailiysky Alatau mountain range between Bolshaya and Malaya Almatinka rivers. The construction of the Verniy Fort was almost finished by autumn 1854. It was a fenced pentagon and one of its sides was built along the Malaya Almatinka. Later, wood fence was replaced with the wall of brick with embrasures. Main facilities were erected around the big square for training and parading.
In 1855 the first displaced Kazakh appeared in Verniy. Since 1856, Verniy started accepting Russian peasants. They founded the Bolshaya Almatinskaya Stanitsa (Cossack village) nearby the fortification. The inflow of migrants was increasing and led to construction of the Malaya Almatinskaya Stanitsa and Tatarskaya (Tashkentskaya) sloboda. It was the place of settlement for Tatar mechants and craftsmen.
In 1867 the Verniy Fort was transformed into the town and called Almatinsk. However, the population did not like the new name of the town and soon the town was re-named as Verniy.
According to the First City Plan, the city perimeters were 2 km on the south along Almatinka river, and 3 km on the west. The new city area was divided into residential parts, and the latter — into districts. Three categories of the city buildings were distinguished. Buildings of the first and second categories were two-storied or, at least, one-storied constructions with the high semi-basement. Buildings of categories I and II were erected around and in the center of the city, others — on the outskirts.
On 28 May 1887, at 4 a.m., an earthquake almost totally destroyed Verniy in 11–12 minutes. Brick buildings were mostly damaged. As a result, people were inclined to build up one-storied construction made of wood or adobe.
In 1921, the joint solemn sitting was summoned for the participation of the representative of government regional and sub-regional institutions, professional trades, the Muslim people to make a decision to assign a new name to Verniy — Alma-Ata.
In 1926, the Council of Labour and Defence approved the construction of the Turkestan-Siberia Railway railway that was a crucial element of the republic reconstruction, specifically on the east and southeast of the republic. The Turkestan-Siberia Railway construction was also a decisive economic aspect that foreordained the destiny of Alma-Ata as a capital of Kazakh ASSR. In 1930 the construction of the highway and railway to the Alma-Ata station was completed.
On 2 March 1927, It was the initiative of the Central Executive Committee of the Kazakh Republic to transfer the capital from Kyzyl-Orda to Alma-Ata. The VI Kazakhstani Congress approved this initiative.
On 29 April 1927, it was officially decided on the sitting of the Russian SFSR Committee to transfer the capital of the Kazakh Autonomous Soviet Socialist Republic from Kyzyl-Orda to Alma-Ata.
Besides, the Alma-Ata airport was opened in 1930 and people from the capital of Kazakhstan could fly now from Alma-Ata to Moscow. Alma-Ata became the air gate to Kazakhstan. Transformation of the small town into the capital of the Republic was supplied by the large-scaled construction of new administrative and government facilities and housing.
Given the transfer of the capital of Kazakhstan to Alma-Ata, in 1936 the Architecture and Planning Bureau elaborated the General Plan aimed at re-creating Alma-Ata as the new cultural and comfortable capital of Kazakhstan. The Plan was based on the existing rectangular system of districts that would further be strengthened and reconstructed.
From 1966 to 1971, 1,400,000 square meters of public and cooperative housing were built. Annually, around 300,000 square meters of dwellings were under construction, and most of the buildings made during this time were earthquake-proof multi-storied buildings. Furthermore, construction unification and type-design practice diversified architectural forms, leading to a more varied cityscape. During this period, lots of schools, hospitals, cultural and entertainment facilities were constructed, including Lenin’s Palace, Kazakhstan Hotel, and the “Medeo” sports complex.
The Medeu Dam, designed to protect the city of Almaty and the Medeo skating rink from catastrophic mudflows, was built in 1966 and reinforced a number of times in the 1960s and 1970s.
The supersonic transport Tupolev Tu-144 went into service on 26 December 1975, flying mail and freight between Moscow and Alma-Ata in preparation for passenger services, which commenced in November 1977. The Aeroflot flight on 1 June 1978 was the Tu-144's 55th and last scheduled passenger service.
On 16 December 1986 Jeltoksan riot took place in response to General Secretary Mikhail Gorbachev's dismissal of Dinmukhamed Kunayev.
In 1997 the President of the Republic of Kazakhstan Nursultan Nazarbayev approved the Decree to transfer the capital from Almaty to Astana.
On 1 July 1998 a Law was passed concerning the special status of Almaty as a scientific, cultural, historical, financial and industrial center.
The new 2030 General Plan of Almaty was developed in 1998 and aims at forming ecologically safe, secure and socially comfortable living conditions. The main objective is to promote Almaty’s image as a garden-city. One of the components of the General Plan is to continue multi-storied and individual construction, reorganize industrial territories, improve transport infrastructure and launch Almaty Metro.
Almaty generates approximately 20 per cent of Kazakhstan's GDP(or $36 billion in 2010); Economy of Almaty is one of the pre-eminent financial centres of the Central Asia and vies with such cities as Detroit, Manchester, Edinburgh, San Salvador, St. Petersburg, Tallinn, Port Louis, San Diego, Birmingham, Doha, Calgary, Columbus, as the Gamma Global City.
One of the largest industries in Almaty is finance, and its financial exports make it a large contributor to the Kazakhstan's balance of payments. Also Almaty is home to the BTA Bank (Biggest bank in Central Asia), Kaz Kom Bank and other major banks, in addition Kazakhstan Stock Exchange is based in Almaty.
At the same time Almaty Financial District and Esentai Park (which is designed by T.J. Gottesdiener, who designed such projects as 7 World Trade Center in New York City, Time Warner Center in New York City and Tokyo Midtown) is developing as a major business and financial centre of Almaty, its planned to be biggest the business centre in Central Asia and is home to tallest mix-used building in Kazakhstan, Esentai Tower. Along with professional services, media companies are concentrated in Almaty the media distribution industry is developing rapidly from 2006. The KTK, NTK, and other big Kazakhstan’s broadcasting channels are headquartered in Almaty. Many national newspapers are edited in Almaty. Also Almaty is one of the cities Also Almaty is one of the cities through which the Western Europe-Western China highway will go, It's planed that new city port will hand about 45 million tonnes of cargo each year.
Air Astana is headquartered in the Air Astana Centre 1 in Almaty. Prior to their dissolution, Air Kazakhstan and Kazakhstan Airlines were also headquartered in Almaty.
An aerial tramway line connects downtown Almaty with a popular recreation area the top of Kök Töbe (Kazakh: Көктөбе, which means 'Blue Hill'), a mountain just to the southeast. The city television tower, Alma-Ata Tower, is located on the hill, as well as a variety of amusement-park type attractions and touristy restaurants.
According to the city's Department of Natural Resources and Resource Use Management, as of 2007 the city has 125 fountain groups or isolated fountains. Among them is the "Oriental Calendar" Fountain, whose 12 sculpture figures represent the 12 animals of the Kazakh 12-year animal cycle (similar to its Chinese counterpart).