Songdo International Business District is a new city located on 1,500 acres of reclaimed land near Seoul, South Korea. This US $35 billion, 100 million square foot project is a strategic initiative to position South Korea as a new business hub in Northeast Asia, with a location just 15 minutes from the top-rated Incheon International Airport and a few hours flying time to regional markets in Japan, Russia, China, and other parts of Asia.
John Hynes secured the project in 2001 and assembled a world-class team to develop a new international city. The resulting master plan, designed by Kohn Pedersen Fox, includes a mix of uses and amenities such as Class A office space, luxury residential housing, a new convention center, an International School, a 100-acre Central Park and a Jack Nicklaus Championship Golf Course, just to name a few. The multi-phase development plan is underway with approximately 100 buildings complete or under construction at an estimated cost-to-date of US $15 billion. The city officially opened in August 2009.
Songdo International Business District was a joint venture of Gale International, Posco E&C and Morgan Stanley. Our responsibilities included master planning, negotiation of Land Supply Agreements, assembling of consulting teams, obtaining zoning permits, LEED Certification oversight, construction management and individual project financing on thirty million square feet of development.
A 100 million square foot city on 1,500 acres of reclaimed land
- 35 million SF
- 40 million SF
- 10 million SF
- 5 million SF
- 10 million SF
- 2008 ULI/Financial Times Sustainable Cities Award
- Master Planning
- Contract Negotiation
- Construction Management
- Marketing & Leasing