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First Phase of Songdo Urban Center Is Now Completed
Publication Date: 19-AUG-09
Format: HTML
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Description: A new urban center is rapidly taking shape in Incheon, a port city 30 miles west of Seoul. Work is under way on 100 buildings across 1,500 acres reclaimed from the sea. The so-called First World apartment complex is currently home to Songdo’s first 7,800 residents. The development’s population is expected to reach 65,000 upon completion in 2014. A convention center, hotel, international school and 100-acre central park have been completed. The construction workforce currently numbers 15,000 and is expected to peak in late 2010 at 25,000. Posco Engineering and Construction Co., a unit of Korea’s largest steel producer, is the developer and construction manager. Boston-based developer Gale International is responsible for Songdo’s master plan. Incheon Bridge, with ...
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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