Looks more like a dungeon than a basement, if you ask me.
The piping appears to me to be threaded steel pipe. If it were me, I would break out the floor and remove as much of that as possible. Although I have had no personal experience with that type of drainage piping, IIRC there have been problems with the inside of the pipe corroding and causing major clog problems.
What are the measurments of this area, and what exactly are you looking to put in? A full bath, or a half bath, ie:toilet and lavatory basin?