Seoul Parc1
75floors 332m office building
59floors 271m building
Hotel 26floors
7 floors shopping mall

Renderings:
http://img18.imageshack.us/img18/3040/snap20120613235116005.png

http://img1.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbede008e12cf86cf2edb607e2fdfe620dc7df34ca438bdc15ead65417c0efb&f_no=3dbcc225b48776ac7eb8

http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbedd09a7baf28550fdc3ee73275f04ae8b3f2d3dae1a3b2aa651345676b143&f_no=3dbcc225b48576ac7eb8

http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbede008e12cf86cf2edb607e7ddfb422d525f8e8b61422c2c7ee5816a00bb9&f_no=3dbcc225b48476ac7eb8


The ground-breaking ceremony(5/6/2007)
The mayor of Seoul city
http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbedd09a7baf28550fdc3ee73710a53ff88397bf4eab9f16fb431975c851946caec85e43b17db2b55e0a0fe88d98f842deecce4bf&f_no=0394e30fb78268f13ee986e02981746dfea08a7a001a1cb98745e4196ec54b

http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbedd09a7baf28550fdc3ee73775a52a0df312b999918370f10aba56c69b5eb57bbfd2ead28bdde23f11209f727f580282f42b65d&f_no=0394e30fb78268f13ee986e02981746dfea08a7a001b1eb98745e4196ec54b

http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbedd09a7baf28550fdc3ee73205f50a98c3b2975286d5d7de8e49a5b4cc774e27fe72e6cab5f314e0e243503f090c40de54ad1fdaf0383db78&f_no=74bbd671b08b61a33ee882e613d77d3924509a6e5ffcd634c7a8cb95d4bdb9f173f5a972

http://www.segye.com/photo/2007/6/5/mb0606-2-10011.jpg

Construction Site
http://cafefiles.naver.net/data22/2007/3/3/98/%BC%F6%BA%F1%B4%CF_004_1.jpg

http://cafefiles.naver.net/data21/2007/3/3/125/%BC%F6%BA%F1%B4%CF_005_1.jpg

http://cafefiles.naver.net/data22/2007/3/3/57/%BC%F6%BA%F1%B4%CF_001_1.jpg

wow, yet another supertal
looks cool enough. very boxy. but modern.

Very nice...reminds me off one of the new towers planned for the WTC in the New York, is the architect for this one Richard Rogers by any chance?

Nice to see something of any note actually being built in South Korea rather than the usual pie in the sky supertall proposals that get wheeled out every so often.

The designer of this project
Richard Rogers
http://sstatic.naver.com/people/161/20070522152008197666232.jpg

http://www.rsh-p.com/render.aspx?siteID=1&navIDs=1,2

His work(with Renzo Piano) - Centre Pompidou
http://kr.img.blog.yahoo.com/ybi/1/a6/3c/lazybirdc/folder/705342/img_705342_1334382_1?1098003952.jpg

Millennium Dome
http://tfile.nate.com/download.asp?FileID=11423638

cool, can't believe this one is UC!

The one who built the T4 of Madrid-Barajas airport :)

Great looking buildings.

Could you provide us with more information? The location, floor area,...
Because I'm right now in the process of adding these two buildings to the SSP database.

Nice towers! They resemble HSBC in Hong Kong a bit.

Very nice...reminds me off one of the new towers planned for the WTC in the New York, is the architect for this one Richard Rogers by any chance?


I was thinking of Rogers as well while looking at the pictures. It has elements of 3WTC, Leadenhall in London and Hesperia Hotel in Barcelona (which is very similar to the hotel in this project):

http://www.rsh-p.com/Asp/uploadedFiles/image/2930_Hesperia%20Hotel/completed/2930_0099_1_w.jpg

Anyway... even if he's repeating some of his own elements, Rogers is still one of my favorite architects, and I have to say that I like this project even more than the ones mentioned above (maybe except Leadenhall :)).

Finally one supertall u/c in Seoul! :okay:

Richard Rogers the 2007 Pritzker Prize winner? No wonder.

I am confused as to whether this is the design:
http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbede008e12cf86cf2edb607e7ddfb422d525f8e8b61422c2c7ee5816a00bb9&f_no=3dbcc225b48476ac7eb8

or this:
http://i11.photobucket.com/albums/a193/PandaRash/yeouido_model.jpg

The skyscraper's site shows the tower having the second design :|
The Site (www.parc1.com/)
The site even has a fun 3D-Tour :3

wow!!! the design is really modern!!

I am confused as to whether this is the design:
http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbede008e12cf86cf2edb607e7ddfb422d525f8e8b61422c2c7ee5816a00bb9&f_no=3dbcc225b48476ac7eb8

or this:
http://i11.photobucket.com/albums/a193/PandaRash/yeouido_model.jpg

The skyscraper's site shows the tower having the second design :|
The Site (www.parc1.com/)
The site even has a fun 3D-Tour :3

They're probably gonna build the first one, since the 2nd seems to be 2-3 years old and in the pictures in the first post you can see that at the official launch of the project they had pictures of the newer project.


Anyway... what's that other big complex near Parc1 in the very first picture?

finally, the 249m kli63 is to have some company, great looking tower ;)
btw, im also wondering about the project next to it..
btw, i can imagine how happy the people in the matchbox apartments next to the supertalls will be... i bet their prices are gonna go north despite their high prices...

They look similar
http://image.dcinside.com/viewimage.php?id=city&no=29bcc427b79d3fa762b3d3a70f9e2734ddb8cbe5cb2541db2228ba3e7cbede008e12cf86cf2edb607e7ddfb422d525f8e8b61422c2c7ee5816a00bb9&f_no=3dbcc225b48476ac7eb8

http://www.rsh-p.com/Asp/uploadedFiles/image/2930_Hesperia%20Hotel/completed/2930_0099_1_w.jpg

Cool project, will be nice addition to the city skyline

very modern, , i like

Cool, Yeoido needs something like this, especially the shopping options. I heard the the Moonies owned the land this is being built on.

This looks very nice, good for Seoul.

It looks good,like most of Richard Rogers projects!

I like how Rogers exposes the structural elements of the building :)

Not red X's, but a picture of a dog for most of the images.

Can't see anything :ohno:

Not red X's, but a picture of a dog for most of the images.

I see the dog as well :lol:

...but I saved the best pictures:

http://i203.photobucket.com/albums/aa250/Sbz2ifc/parc15.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/parc16.jpg

has anyone a location-map of those towers? ... wanna do an update if im next time arrive in seoul.

^^ It's on Yeouido Island:
http://www.wikimapia.org/#y=37526082&x=126928396&z=16&l=0&m=a&v=2

aww cool ... will be a nice skyline with the "63 tower" beside. =)

A 332m tall tower would dominate the most cities in the world but Seoul is different. It`s difficult to spot the current tallest skyscraper because this city is so extreme large.


This tower has the Seoul style. I like it.

A 332m tall tower would dominate the most cities in the world but Seoul is different. It`s difficult to spot the current tallest skyscraper because this city is so extreme large.


This tower has the Seoul style. I like it.

not really, the former tallest kli63 stood out like rats balls (and still does, to a degree), and it is only 259m tall..

hey M.Schwerdtner how are you able to travel to the top ten tallest buildings?

im jealous:ohno:

hey M.Schwerdtner how are you able to travel to the top ten tallest buildings?

im jealous:ohno:
just dont care about the securitys in the buildings hahaha ... then its possible to go to the high floors =) and have a nice view. ;)

This building will really stand out in the city, great addition!

/Mats

not really, the former tallest kli63 stood out like rats balls (and still does, to a degree), and it is only 259m tall..

I disagree ;)

http://img132.imageshack.us/img132/1050/img5663zk6.jpg

Still no UC pics?

I disagree ;)

http://img132.imageshack.us/img132/1050/img5663zk6.jpg

really? its the tallest building in that pic :cheers: in the middle

^^ Yes, 63 does stick out!

but not really much ^^

as closer u go to the waterfront, as more he stick out..

thats an aircraft/helicopter-view or mountainview, to far away.

streaching the tower as much as we can :ohno: ^^ 63f

The towers look so-so during the day, but look great at night. Love the different colors used

Amid pomp, circumstance and fireworks this week, a multinational property company broke ground on a British-designed, $2 billion (£1 billion) development in central Seoul that is leading a wave of innovative buildings in a city notable for its faceless architecture.

Yet while city hall hopes that the project will further its ambition to make South Korea's capital a financial axis for northeast Asia, critics say that the city has much work to do to fulfill that vision.

"I call 2007 the start of the era of 'city brand marketing'," Oh Se-hoon, the Mayor of Seoul, said at the ground-breaking ceremony for Parc 1, a multiuse development in the Yeouido financial district. "Parc 1 will be the detonator for unique design in Seoul."

Designed by Lord Rogers of Riverside, Parc 1 is set on a 46,465 sq m site facing Yeouido Park in central Seoul. On completion in 2011, it will boast two office towers - one, at 75 floors and 333 metres, will be the city's highest building - an international hotel and down-town's largest shopping centre.

Skylan Property Development, Parc 1's developer, is Asia-focused. Peter Walichnowski, its Australian chief executive, previously led the development of the Mall of the Emirates in Dubai - complete with an indoor ski-slope - and Bluewater, Kent. Paul Rogers, the chairman of Skylan, said that the complex would help Seoul to "emerge as the financial hub of northeast Asia." After North America and the European Union, the region is the world's largest economic zone.

The project is overdue. Despite its status as capital of the world's eleventh-largest economy, Seoul, other than a few notable exceptions to the rule, lacks the kind of design-centric buildings seen in Hong Kong and Singapore, its closest rivals. The metropolis of ten million people is an architectural stew of blocky steel and glass office towers, endless ranks of identical concrete apartments and chaotic, jumbled housing neighbourhoods.

Parc 1 is not alone. On a site next door, the $1.6 billion Seoul International Finance Centre - being developed by AIG and Seoul City - is rising. Comprising a convention centre, shopping centre and office towers, it will be competed by 2011. Together, the two projects are expected to rejuvenate Yeouido. However, these developments are small fry compared with other projects on the drawing board. The Lotte Group is fighting for approval to raise a 112-storey skyscraper in southern Seoul and plans are being circulated for at least three towers of more than 100 storeys. In Incheon, Seoul's port, a consortium led by Portman Holdings, an American developer based in Georgia, has signed an agreement to raise a 151-storey tower overlooking the Yellow Sea.

Nevertheless, for Seoul to emerge as a financial hub, it must do more than raise distinctive buildings. Kim Ki Wan, chairman of the Seoul Financial Forum, said: "For any place to become a financial centre, it needs to undertake reforms and overcome hurdles. We are just at the beginning."

The Government is hoping that a pending Capital Markets Unification Act will ignite a "big bang" in the city's financial industry by 2009. It also points to a booming asset management sector and its regional lead in derivatives trading.

Yet South Korea is also home to an unpredictable and heavy-handed regulatory environment, a nationalistic media and an opaque corporate sector. Periodic outbreaks of antiforeign investor emotion worry business, while militant unions plague the finance industry.

Hank Morris, a finance specialist at Seoul's Industrial Research and Consulting, said: "There are various obstacles to foreign financials in Korea. There are problems in terms of ease of licensing for certain products, such as hedge funds. It can also be difficult to find adequate numbers of trained financial professionals with high levels of English."

[Link (http://english.seoul.go.kr/today/news/new_abroad/1245957_13495.html)]

2007.6.28
http://pds33.cafe.daum.net/image/31/cafe/2007/06/30/01/43/4685369eab2b9
NOT PROGRESS.OH!NO
2007.8.8
http://pds41.cafe.daum.net/image/16/cafe/2007/08/08/21/26/46b9b6643c26f

nice building

NO PROGRESSS......offfffffff we are all sad.. :((

so is it a neverbuilt?

so is it a neverbuilt?

No it is already under construction, but according to dbswngh2002 there was apparently no progress in the construction between June and August.

ok guys ... a little update, .. the security on the gate didnt let me took pictures and so i used a hole hehe ... taken 19.september
http://farm2.static.flickr.com/1440/1409498555_f407064b37_b.jpg

http://farm2.static.flickr.com/1010/1410378646_f1cbf2f6f1_b.jpg

http://farm2.static.flickr.com/1245/1410379812_b78343afb0_b.jpg

sry for the quality, but its rainy here and i didnt checked the qualy after the shoot.

sry for the quality, but its rainy here and i didnt checked the qualy after the shoot.doesn't matter!
even a bad quality update is better than no update :)

can u keep us updated thru the hole as long as no progress is visible due to the fence?

Thanks

.

2007.11-Yeouido Parc1(Samsung Construction),SIFC,Yeouido S-Trenue
http://img98.imageshack.us/img98/979/sdfdfsdfsdfyn1.jpg
http://img528.imageshack.us/img528/585/sdfdfdsfszh4.jpg
http://img248.imageshack.us/img248/865/sfsdfsdfmh4.jpg
http://img248.imageshack.us/img248/7425/sdfsdfdsfdsfbs7.jpg

wow thats DEEP

cool:cool:

Yeoeuido will be looking fantastic w/ all these new towers. The view as you cross the Han on the Line 4 subway bridge (sorry, don't know the names of the bridges,) should be wild in a few years. :)

Good pictures. :)

I note that there is a photo of the excavation and diaphragm wall for the adjacent AIG site...hope there's no confusion - that is not the Parc1 site.

I finally get to be an expert on something on Skyscrapercity! I work for Arup and I'm the lead structural engineer for the basement/substructure for the Parc1 project. :) Arup have worked with Richard Rogers Partnership previously on projects including the Pompidou Centre and Lloyds of London Building. Arup have also been the engineers for more famous projects such as the Sydney Opera House and also London's famous Gherkin (Swiss Re Tower). Not to mention the Guangzhou TV tower! :cheers:

A correction to the discussion above. Richard Rogers himself is not actually involved in this project, but rather Ivan Harbour. He is one of the three gentlemen who make up the company Rogers Stirk Harbour and Partners, who are the architectural firm for the project. In reality, the people actually designing this are 'nobodies'....just like the structural engineers! :lol:

As for progress, yes there was minimal construction until around August, at which point work on the diaphragm wall commenced at a rapid pace. It is nearly finsihed and site excavation is about to commence. This will take a long time, so don't hold your breath to see any superstructure in the next year or so. It will mostly be excavation and installing plunge columns and temporary walls/propping for the next 12 months.

No point commenting on the appearance of the towers in the renders posted previously...the towers have already changed numerous times since then! But good work to the people who put up the photos here. Many of them are more recent than the photos on our own system.

I note that there is a photo of the excavation and diaphragm wall for the adjacent AIG site...hope there's no confusion - that is not the Parc1 site.

Ooh, thank you for your insight : D

I finally get to be an expert on something on Skyscrapercity! I work for Arup and I'm the lead structural engineer for the basement/substructure for the Parc1 project. :) Arup have worked with Richard Rogers Partnership previously on projects including the Pompidou Centre and Lloyds of London Building. Arup have also been the engineers for more famous projects such as the Sydney Opera House and also London's famous Gherkin (Swiss Re Tower). Not to mention the Guangzhou TV tower! :cheers:

A correction to the discussion above. Richard Rogers himself is not actually involved in this project, but rather Ivan Harbour. He is one of the three gentlemen who make up the company Rogers Stirk Harbour and Partners, who are the architectural firm for the project. In reality, the people actually designing this are 'nobodies'....just like the structural engineers! :lol:

As for progress, yes there was minimal construction until around August, at which point work on the diaphragm wall commenced at a rapid pace. It is nearly finsihed and site excavation is about to commence. This will take a long time, so don't hold your breath to see any superstructure in the next year or so. It will mostly be excavation and installing plunge columns and temporary walls/propping for the next 12 months.

No point commenting on the appearance of the towers in the renders posted previously...the towers have already changed numerous times since then! But good work to the people who put up the photos here. Many of them are more recent than the photos on our own system.

I note that there is a photo of the excavation and diaphragm wall for the adjacent AIG site...hope there's no confusion - that is not the Parc1 site.

When are you next in Bournemouth Mr Makenzie? ;)

As for progress, yes there was minimal construction until around August, at which point work on the diaphragm wall commenced at a rapid pace. It is nearly finsihed and site excavation is about to commence. This will take a long time, so don't hold your breath to see any superstructure in the next year or so. It will mostly be excavation and installing plunge columns and temporary walls/propping for the next 12 months.

No point commenting on the appearance of the towers in the renders posted previously...the towers have already changed numerous times since then! But good work to the people who put up the photos here. Many of them are more recent than the photos on our own system.

I note that there is a photo of the excavation and diaphragm wall for the adjacent AIG site...hope there's no confusion - that is not the Parc1 site.


This is only the Parc1 site.
http://img98.imageshack.us/img98/979/sdfdfsdfsdfyn1.jpg

The rest of them are the SIFC and S-trenue sites.

When are you next in Bournemouth Mr Makenzie? ;)

I'm not sure...I've never been! I take it then that you are a citizen of the fine city of Bournemouth? I've lived in England for a year, but haven't been outside London except for trips to Stansted and Heathrow! :lol: I hope to change this.

Nothing much to report on Parc1...we are still 'politely discussing' construction sequence with the builder and refining design. The technical challenges on this site are mindboggling. Why did they have to put a subway right next to our basement...how inconsiderate! :lol:

I should work out how to upload pictures, but a lot of what I have I suspect I can't make public anyway. This is standard on any project and I'm surprised by how much gets onto skyscrapercity (eg the elevations of the Burj Dubai). Whoever released them may have risked their own job to do so. They're more brave (or foolish) than me. But I have some nice renders which I think I can show.

2008.1
I went to Seoul to commemorate 2008 New year. since 2008,korean Construction will be run down lively. Korean Construction Boom Forever~!!
Happy New Year~ Skyscraperpage Forumer~~!!
http://img181.imageshack.us/img181/423/sany2046ja1.jpg
http://img85.imageshack.us/img85/1466/sany2047zp8.jpg
http://img81.imageshack.us/img81/5923/sany2050te6.jpg
http://img81.imageshack.us/img81/8541/sany2051mb7.jpg
http://img221.imageshack.us/img221/4428/sany2053uh0.jpg
http://img85.imageshack.us/img85/2286/sany2054td5.jpg
Crane Name-Hitachi Sumitomo,Samsung Engineering,Doosan Infra Core

http://img85.imageshack.us/img85/7200/sany2048fr0.jpg
http://img221.imageshack.us/img221/2598/sany2049sx6.jpg
http://img85.imageshack.us/img85/5308/sany2055ag5.jpg
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http://img81.imageshack.us/img81/8417/sany2061ob4.jpg

People in high-rise, high-density environment Seoul baeryeohan "

Development of environmentally friendly way to the rooftop garden 'yeolseom' reduce,

100 beautifully designed public space in Seoul where more needed

British architect Richard Rogers, representing the world (75.) Will be visiting Korea. LG Group in Seoul Yeouido twin building site in the parking lot next to unify all say 72 cheunggwa 54-storey building complex domestic choegocheung 'pakeuwon' charge of the design and construction work started just Yeouido Rogers from the scene and interviews <Hankyoreh>.

Rogers, along with the piano in 1977 rencho architect of the Pompidou Center, Paris, France engineered emerged as a star in the world geonchukgye. He often receives high-tech Pompidou Center architect to evaluate the structure of the buildings and facilities outside the building to reveal the beauty in the architectural design innovative attempts at change. Since actively utilize advanced technologies to improve energy efficiency in high-density construction can be built to reduce waste and environmental philosophy has been to pursue.

Much of the activity over the age Magog He also actively Tony Blair at the request of the British government, the city of London plans to play jamunhan famous as a city planning expert. 한국에서 가장 높은 건물을 서울 한복판에 설계하게 된 그는 “서울을 대표하는 건물이 되도록 환경친화적 건물, 지속가능한 건물로 모든 시민들이 한곳에서 즐겁게 만날 수 있는 공간으로 만들고자 한다”고 밝혔다. Pakeuwon wangongdoel the building was planned in 2011.

High-tech and high-density construction to the city famous for its environmentally friendly construction has been attempted. What is the age of the energy crisis in the direction of the city ought to go and see the architecture.

"Construction of high-tech language is not the solution. Sustainability is important. The world is concerned about right now is huge environmental catastrophe. Sustainability is rooted in technology than I am, anyway. The departure of 'density and economical' dosiran gaenyeomil (compact). Excellent public transportation system is a high-density environment yidoe bujadeun equipped with all the necessary hierarchy or people who are poor outskirts of the city, not inside the system so that you can live together with the city. This is a public space for the city is the most important and effective urban design. "

So far, the structural aspects of a high-rise building or mihakjeok represent the United States in terms of accomplishments deserved geonchukjeok pointed out, many did not. Some of the building's features and pakeuwon jihyangjeom it.

"Yeouido has enabled the city and local residents are also lots, office buildings and other public buildings in a good position to hear a variety of forms gatchwotda. The building itself office buildings, hotels, shopping space, and can be blended together, so all the people that emphasizes blended capabilities. 우선 환경적으로 지속가능한 건물이 되도록 친환경적인 발전방식을 도입하고, 쇼핑몰 옥상 전체에 초록 지붕처럼 식물 정원을 만드는 등 최대한 식물을 많이 심고 조경을 강화해 건물 주변의 열섬현상을 줄이는 데 신경을 썼다.

In the representation of the structure of the building design, lightness, tumyeongham, flexibility, green, a place to emphasize a sense of belonging. I built the 'flexibility' to emphasize. Usage of the building likely will be changed to fit the form saena possible changes in the structure adapted to the design of the building. Vertical surface of the bottom line of visual rhythm and emphasis on the overall structure of the building as an embodiment of emphasizing aesthetics' Readability 'building with a high-oriented. "


-- The advantages and disadvantages of Seoul as a city planning expert to see what it is.

"The city is living, working, enjoying eowooreojineun together, it is important features of each. In that sense, most of the Seoul metropolitan areas of the world experiencing the same difficulties. Occupied vehicle in the city. The purpose of the car and the car did not meet the city people will meet each other. Commercial activities and the balance between human and vehicle re-create the need to find a human-centered city. Seoul is a good direction, I think that moving up. Cheonggyecheon to play is very good and the beautiful city work. Not only on the outskirts of the city center and the beautifully designed public space to install 100 more when you got to be good enough. However, be sure to be a beautifully designed public spaces. Seoul has been careful to avoid scalability development or unbalanced development plan for a world-class city, the city will be seen as a key advance. "

-- Design firm operating a unique way. The architect of the company that owns no shares of the shares are owned by a charitable organization in order to know. In addition, the company will work with regard to the Articles of Incorporation to take without an army, an architect of the salary of the lowest paid six times the annual salary of the architects of the jeonghaenot heard. What it is a philosophy.

"The architect decided that the rule does not have ownership shares. And all members of the company, with profits shared purpose nanumyeo suggesting it would contribute to society. Citizens should have a social responsibility as an architect, and I think we should emphasize the relationship with the community. This is a creative way of our offices. We were fortunate because we as society are responsible for this success. The architect of the social aspects of architecture, technical aspects, in terms of artistic work and responsibility, you must understand.
http://img156.imageshack.us/img156/637/0486768820080201ig3.jpg
http://img156.imageshack.us/img156/7898/0486826520080201mq2.jpg

Why is the above text full of silly nonsensical words?

Why is the above text full of silly nonsensical words?

Obviously because it has been translated from Korean. Why would you ask this question when the answer is obvious? This is a world forum. I'm sure that despite the mistakes, the person who translated it has better skill in English than you do in Korean, so there's no need to be rude.

Anyway, back on topic, we are facing significant redesign on this project. Diaphragm wall and capping beams are complete and excavation has progressed in the bottom-up area. Samsung want to fast-track the top-down area. Despite all this, RSH&P (the architect) are looking to make some major changes to the project, especially at ground level. The towers and hotel look to be going ahead in their present form (which is different from the renders on this thread). Back to work...we're issuing engineering drawings for this project in a couple of weeks.

Thanks for the update Mackenzie :D

nice but too classical twin towers:bash:
is it approved or under construction?

UC ^^

Mirae, invested 900 billion won in building Parc1

Mirae Asset Securities in Seoul on April 13 board meeting to be built on Yeouido 'pakeuwon (Parc1) project' two office buildings purchased for 22 projects implemented Wi autograph on the 15th and financial investment corporation signed a memorandum of understanding (MOU) decided .

Mirae Asset Securities is a key purchase of a building located at the height of 256m bungee yeouidodong 22, 169,553 ㎡ yeonmyeonjeok scale of the building from 52 to 54 floors of the building that the general, basic maemaegagyeokman the disclosure of 900 billion won.

The project is building two high-rise office tower pakeuwon a large shopping mall, and composed of international business hotel, and a total of 630.361 yeonmyeon never reached the ㎡ representatives of the Landmark is expected to be completed after the city of Seoul.

Mirae Asset said, "Parks won the Pompidou Center in Paris, the building was designed by Richard Rogers, designer of the world (Richard Rogers), the project's architectural philosophy is a pity, Line 5 and 9 subway line, Mapo Bridge and the Olympic ideal as highway traffic conditions and the Han River The office tower at least as naeryeodaboneun takteuin expected to have the highest value of the investment, "he explained.
http://img408.imageshack.us/img408/7517/97299981zc2.png

Interestingly enough, mirae asset is a company I've never heard of until I've seen this picture of their building in Shanghai which is probably bigger than their HQ in Korea. They must be doing well

http://photoimg.enjoyjapan.naver.com/view/enjoybbs/viewphoto/ptravel/59000/20080210120261154180241100.jpg

nice towers and finally another one of the so many proposals (supertalls) in korea that is actually under construction this one is not bad at all

I have an embarassing confession - I have no idea how to upload photos. Can someone explain to an old engineer how to do this? :cheers:

I have some very current photos of construction on site - excavation is progresing at an extremely raid pace.

^^you can upload from http://allyoucanupload.webshots.com/

The Seoul Metropolitan government will drive various initiatives to make the city a financial center of Northeast Asia, city officials said Wednesday (Feb. 20).

One of the initiatives is an international financial district at Yeouido, the 8.4 sq-km island lying on the south edge of the Hangang (River), said the officials.

Seoul government, helped by the Korean Institute for International Economic Policy, a government-funded economic research institute, has conducted seven feasibility studies on the proper location of the financial district since May. Yeouido has won over other candidates including Gangnam, the affluent ward south of the Hangang .

The city government is weighing up the Yeouido financial district’s size, benefits and operational plan. The district will be built around the Seoul International Financial Center in Yeouido, according to the officials.

Domestic and foreign financial enterprises to be based in the district will enjoy tax benefits and financial support from the city government.

The city officials said that Yeouido has proved to have greater developmental potential than other busy districts in Seoul.

The Seoul Metropolitan government plans to designate the Yeouido financial district as a special development area in time for enactment of the relevant law, slated for the second half of 2008.

The city government will also run a "financial shuttle bus" linking between Yeouido and Gangnam and provide foreign entrepreneurs with benefits for their stay in Korea.

In March the metropolitan government will also establish a financial research institute at the University of Seoul, aiming to nurture banking experts, including fund managers.

The city government will also channel its efforts in easing regulations on financial sectors along with the Korea Federation of Banks and the Korea Securities Dealers Association. It will also promote "Financial Center Seoul" through international banking fairs and invite global financial companies’ subsidiary into Seoul.

The officials said the metropolitan government would try its best to construct the financial city of Seoul by 2010 and induce synergy among banking institutes at home and abroad helped by the Yeouido financial district.

I think it is safe to say that there'll be more supertalls sprouting up in Yeouido in the future :)

^^you can upload from http://allyoucanupload.webshots.com/

Thank you Densetsu. My work system is blokcing access to that site, but I'll give it a go from home and try to upload a bunch of photos and renders.

:cheers:

Awesome stuff Slurms. It's difficult to find a decent discussion on the structure related aspects of buildings on this website, so it's great to hear that we have the actual structural engineer on this one. I'm studying geotech at uni this semester so as it progresses hopefully I can throw some questions on substructures your way. Cheers :cheers:

Will there be a observation deck in this skyscraper? You must have a great view on the most important goverment building of South Korea from the top.

Look at that Shanghai picture! The 3rd graders are rolling on the floor! It says @$$.

Is this building going up yet? The last update still shows a flat construction site.

^^ they spent too much money on the building so they couldn't buy the E and T :D

I'd say nick it from the nearby sTarbucks coffEE

http://aycu25.webshots.com/image/46384/2002583455967596111_rs.jpg

http://aycu27.webshots.com/image/48106/2002570383569816196_rs.jpg

http://aycu08.webshots.com/image/47127/2002576350007292799_rs.jpg

http://aycu12.webshots.com/image/46931/2002555546057474087_rs.jpg

digging a very big hole :)

http://aycu27.webshots.com/image/48106/2002570383569816196_rs.jpg



huge hole of the "Seoul IFC" on the lower side of the picture ...

http://img72.imageshack.us/img72/6100/2008022705000031vo4.jpg

Please change into SEOUL | Yeouido Parc1 | 990 ft | 302m | 69 fl | 889 ft | 272m | 59 fl | U/C

One of the buildings is truly massive!

goog

yeah the buildings look trully amaizing :)

digging a very big hole :)

I'll try to put up some more pictures when I get time. I only know how to post links...I can't seem to get the actual photos to appear. But I guess links are okay for you guys?

I'm actually about to end my full-time involvement in the project. We've completed the overall design phase and we're about to hand over to a local Korean structural firm which will do the detailed design, that is, reinforcement layout drawings and detailed steelwork connections etc. I'm supposed to be going over to Seoul next month for 2 weeks, but not sure it's happening. If it is, there will be a lot of photos! :)

unbelievable i love this tower reminds me of the one in hong kong

unbelievable i love this tower reminds me of the one in hong kong

u talking about the HSBC-Tower? .. yes looks a little bit like this =)

Rogers Stirk Harbour + Partners (http://rsh-p.com/render.aspx?siteID=1&navIDs=1,4,24,1421,1423)

The office towers (one at 330m in height, the other at 258m), will complement each other in architectural design. Providing a dramatic backdrop to the retail complex.

The key structural elements of the towers will be legible on the façade to illustrate the structural design of the towers. At the base of the towers, there will be a landscaped sunken courtyard, which will provide an entry-point into the towers and retail, as well as creating an enclosed green space for the local workers.

A vertical circulation strategy that employs sky lobbies and express lifts will be used to reduce the overall number of lifts, and therefore the core area. In order to further increase the usable floor area, the main passenger lifts will be relocated from the main cores to the external envelops. This will also serve to make the building more dynamic, and to accentuate the slenderness of the towers and the legibility of the building form. Uninterrupted views will be achieved by eliminating corner columns.

The 400-room hotel building forms the southern entry point to the retail mall. The hotel building is linked to the retail by a seven-storey atrium space which not only serves as a direct connection, and also serves as a pre-function space to the ballroom facilities in the basement.

The massing of the hotel will be articulated by two blocks of differing heights, with standard rooms located in the lower block, and ‘executive’ rooms located in the taller block facing a major event plaza. At the top of the hotel, there will be a luxury restaurant and executive club lounge. At the base of the hotel, there will be a three-storey restaurant and bar, underneath which will be the ballroom and pre-function spaces. In addition to the ground level atrium link, there will be connections to the basement levels.


Elevation of offices, retail and hotel:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc1.jpg

Model photographs:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc11.jpg
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc12.jpg

Plan level 1:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc13.jpg

Office sections (first one through cores)
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc14.gif

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc15.gif

Hotel section:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc16.gif

Short section through retail:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc17.gif

Hotel:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc18.jpg

Renderings of the entrances and lobbies of the office towers:
http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc19.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc110.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc111.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc112.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc113.jpg

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc114.jpg

Rogers Stirk Harbour + Partners (http://rsh-p.com/render.aspx?siteID=1&navIDs=1,4,24,1421,1423)


The key structural elements of the towers will be legible on the façade to illustrate the structural design of the towers. At the base of the towers, there will be a landscaped sunken courtyard, which will provide an entry-point into the towers and retail, as well as creating an enclosed green space for the local workers.



The sunken garden is probably being scrapped. We just spent 6 months trying to sort the damn thing out and they've decided they probably don't want it because they need better access to the towers at ground level. Oh well, it keeps us employed.

http://img301.imageshack.us/img301/5161/sdffsfsx4.jpg
http://img156.imageshack.us/img156/4800/dsfsdfdsfwn1.jpg
http://img151.imageshack.us/img151/3295/sdfdfsfsffi0.jpg

Parc 1 will be a major new mixed-use centre in Seoul, South Korea. The development comprises of a major retail mall, two landmark speculative office towers and a luxury hotel. The 4.6-hectare site is located in Yeouido island, one of Seoul’s three designated central business districts. The site is in the heart of the district, adjacent to Yeouido Park and the Han River. It is one of the few remaining sites in this area available for large-scale development, and has been singled out for regeneration by the city authority.

The 635,000 sq m scheme consists of four main components: a 120,000 sq m retail complex; two office towers totalling 270,000 sq m; a 400-room hotel with a ballroom and a roof-top restaurant a large car park and support facilities in the basement.

Public transport infrastructure to Yeouido is well developed, with three linked bridges, various bus lines and two main subway lines. The development will potentially be connected to the subway stations via new underground links. A local bus interchange will be located at the front entrance of the mall.

When completed, the larger of the two towers will be one of the tallest office buildings in Seoul. The retail complex will also be one of the largest of its kind in Seoul, with seven levels above ground and seven below ground for plant and parking. There will be a multi-purpose events space at level five, in addition to an exhibition plaza at ground level of the retail mall.

Richard Rogers Partnership, in conjunction with Samoo Architects & Engineers and Arup, was commissioned by Skylan Development to undertake a ‘Preliminary Feasibility and Concept Establishment Phase’ in August 2003. Construction on site began in 2007.


Project data

Location Seoul, South Korea
Type Office / Retail / Hotel
Dates 1998 - 2005

Area

Total Area 635,000 m²
Site Area 4.64 hectares

Office Tower 1
Gross Internal Area 154,000 m²
Height 330 m
Storeys above ground 68

Office Tower 2
Gross Internal Area 114,000 m²
Height 258 m
Storeys above ground 52

Retail
Gross Internal Area 120,000 m²
Height 49 m
Storeys above ground 9

Hotel
Gross Internal Area 38,000 m²
Height 126 m
Storeys above ground 31

Car Park
Gross Internal Area 165,000 m²

Plant
Gross Internal Area 42,000 m²


Client Skylan Developments

The Architect Rogers Stirk Harbour + Partners

Team
Jimmy Abatti, Natxo Alonso, Torsten Burkhardt, Suzanna Clapham Martin Cook, Kelly Darlington, Ben Darras, David Donaldson, Mike Fairbrass, Alba Fernancez Arias, Michail Floros, Benjamin Garcia, Angela Gates, Lennart Grut, Alex Haw, Mimi Hawley, Ivan Harbour, Dennis Ho, Augustine Igbanugo, Jun Ito, Masaki Kakizoe Amo Kalsi, Jaspa Kalsi, Sang Lee, Shu Lee, Veronique Letellier, Jose Llerena, Steve Martin, Alberto Morselli, Otto Ng, Young-In Oh, Elizabeth Oliver, Christoph Palmen, Chi Park, Richard Paul, Richard Rogers, Carlos Parraja-Botero, Leonardo Pelleriti, Barbara Perez Marina, Laura Salisbury, Andrei Saltykov, Heeri Song, Neil Southard, Stephen Spence, Simon Tonks, Will Thorne, Yoshi Uchiyama Jonathan Voss, Jinbok Wee, Adrian Williams, Chul-Hee Yoon, Nicholas Zervoglos, Alex Zimmerman

Co-Architect Samoo Architects & Engineers

Retail architect RTKL UK Ltd

Structural Engineer Arup/ DongYang Structural Engineers Co. Ltd

Services Engineer Arup /HIMEC Consultants

Quantity Surveyor Davis Langdon / Seah Korea

Project Mananger Arup

Landscape Design Martha Schwartz & Partners / Studio id

Fire Safety Arup Fire/Korean Fire Protection Engineering Co.Ltd

Vertical Transportation Arup VT

Acoustics Arup Acoustics

Daylighting Arup Lighting

Lighting Consultants Isometrix Lighting + Design

Contractor Samsung Engineering & Construction

http://www.parc1.com/

Rogers Stirk Harbour + Partners (http://rsh-p.com/render.aspx?siteID=1&navIDs=1,4,24,1421,1423)

The office towers (one at 330m in height, the other at 258m), will complement each other in architectural design. Providing a dramatic backdrop to the retail complex...........

http://i203.photobucket.com/albums/aa250/Sbz2ifc/YeouidoParc18.jpg



the compulsory regulation installing the heliport on the top of building was gotten rid of in korea lately.
personally, the element of heliport seems suck.. !
Can't the design about the top part re-design, excluding the heliport?

the compulsory regulation installing the heliport on the top of building was gotten rid of in korea lately.
personally, the element of heliport seems suck.. !
Can't the design about the top part re-design, excluding the heliport?

It isn't necessarily for commercial use. The space at the top of the towers is reserved for the military - there will be a surface to air missile launcher and also anti-aircraft guns. They need access from the air.

Team
Jimmy Abatti, Natxo Alonso, Torsten Burkhardt, Suzanna Clapham Martin Cook, Kelly Darlington, Ben Darras, David Donaldson, Mike Fairbrass, Alba Fernancez Arias, Michail Floros, Benjamin Garcia, Angela Gates, Lennart Grut, Alex Haw, Mimi Hawley, Ivan Harbour, Dennis Ho, Augustine Igbanugo, Jun Ito, Masaki Kakizoe Amo Kalsi, Jaspa Kalsi, Sang Lee, Shu Lee, Veronique Letellier, Jose Llerena, Steve Martin, Alberto Morselli, Otto Ng, Young-In Oh, Elizabeth Oliver, Christoph Palmen, Chi Park, Richard Paul, Richard Rogers, Carlos Parraja-Botero, Leonardo Pelleriti, Barbara Perez Marina, Laura Salisbury, Andrei Saltykov, Heeri Song, Neil Southard, Stephen Spence, Simon Tonks, Will Thorne, Yoshi Uchiyama Jonathan Voss, Jinbok Wee, Adrian Williams, Chul-Hee Yoon, Nicholas Zervoglos, Alex Zimmerman



This is very detailed - where did you get this list??. You've even got the name of the work experience person who does the photocopying! :lol: A couple of these people aren't working on the project anymore. This is only the RSH&P people...the whole project team is much bigger than this.

It isn't necessarily for commercial use. The space at the top of the towers is reserved for the military - there will be a surface to air missile launcher and also anti-aircraft guns. They need access from the air.

Oh,, I see. I didn't expect that defense use of it. good.
but i still wish that elements could be covered with facade or something.. for being never seen from the street level.. hmm.. just personal preference, nvm. :D
anyway, thanx for your tip..:)

http://img358.imageshack.us/img358/406/402000011wbe5.jpg
http://img358.imageshack.us/img358/8200/402000031wnb9.jpg
http://img267.imageshack.us/img267/4813/ed8c8ced81acec9b902eu1.jpg
http://img503.imageshack.us/img503/5643/ed8c8ced81acec9b903vw5.jpg
http://img358.imageshack.us/img358/4422/402000071wkt4.jpg
http://img358.imageshack.us/img358/9558/402000161wjb4.jpg
http://img528.imageshack.us/img528/6673/402000171wii8.jpg

^^
The first two pictures are VERY old - that design was out-of-date even when I started on the project over a year ago. The others are great though!:)

http://img297.imageshack.us/img297/9879/nisi200804200006603401wnp1.jpg

http://img210.imageshack.us/img210/9140/60429578772b9785b121tl8.jpg
http://img246.imageshack.us/img246/470/604295787fb61ebcb122zi9.jpg

http://img329.imageshack.us/img329/9906/58047531yt8.png

http://img508.imageshack.us/img508/9760/nisi200806020006894935wfr4.jpg
http://img396.imageshack.us/img396/6426/kp1080603047200de0.jpg
http://img391.imageshack.us/img391/2989/kp1080603047800xc5.jpg
http://img140.imageshack.us/img140/2374/nisi200806020006894921wur4.jpg
http://img72.imageshack.us/img72/9237/nisi200806020006894923wkp4.jpg
http://img73.imageshack.us/img73/3308/nisi200806020006894925wmw1.jpg
http://img395.imageshack.us/img395/8462/nisi200806020006894927wga0.jpg
http://img300.imageshack.us/img300/889/nisi200806020006894929wab2.jpg
http://img387.imageshack.us/img387/6026/nisi200806020006894931wvb8.jpg

http://img523.imageshack.us/img523/5750/13734333139577ed9a47bub8.jpg

http://img509.imageshack.us/img509/4963/p1100715abrainia1.jpg
http://img257.imageshack.us/img257/9659/p1100711abrainep6.jpg

http://img257.imageshack.us/img257/9659/p1100711abrainep6.jpg
The area in 2006
http://i33.tinypic.com/2yvvyue.jpg

Wow it's getting better.

http://img515.imageshack.us/img515/7927/0808129dp7.jpg

2008.9
http://img134.imageshack.us/img134/7605/parc03xz4.jpg

Great that one. I think Yoeido will be huge someday.
Thanks for update Korea 2002 :) I was wating for you for a long time. Where have you been ?

Hideous apartment complexes are killing the cityscape of Seoul. Can apartments be more stylish in Seoul?

http://img266.imageshack.us/img266/1821/uni0000082c43adwrdsee1gj9.gif
http://img184.imageshack.us/img184/8048/uni0000082c43abwrdsee1hb3.gif

after one month,,, Parc1 will be build tower crane in November...
Best!!

I like box towers much of the time. And this one looks great with the Seoul skyline.

2/November/2008

Seoul, Parc1

http://img120.imageshack.us/img120/3930/imresolt045qd9.jpg (http://imageshack.us)

http://img89.imageshack.us/img89/1745/imresolt077zc4.jpg (http://imageshack.us)

Holy crap what a massive hole. What's that, 10 floors of basements?

http://img329.imageshack.us/img329/9906/58047531yt8.png

wtf? it looks like hey stretched a photo of lower manhattan (southern most tip) and added a building and a bridge ...

you can clearly see several famous new york skyscrapers....

Holy crap what a massive hole. What's that, 10 floors of basements?

Hey! malec...
I'm korean Construction correspondant Korea2002...
Nice to meet you...malec...
Parc1 will start structure Construction since November.....

Holy crap what a massive hole. What's that, 10 floors of basements?

7 basement levels. But some of them are double-height (eg bottom level B7 is 7m high, B6 level is 6m). The upper retail levels are high as well (about 7.4m from B1 to ground level). There is huge amount of mechanical equipment, parking and retail being squashed into that basement, not to mention structure.

http://img329.imageshack.us/img329/9906/58047531yt8.png

wtf? it looks like hey stretched a photo of lower manhattan (southern most tip) and added a building and a bridge ...

you can clearly see several famous new york skyscrapers....


just a render of imagination man. why are you serious ? coudln't you imagine ? im so sorry that substitute other forumers if we make you angry.

those are some huge holes!

Holy crap what a massive hole. What's that, 10 floors of basements?

I'm not sure about the number of basements but is probably the older version of doing the foundation.

I'm not sure about the number of basements but is probably the older version of doing the foundation.

I just answered this. There are 7 levels (I was the structural engineer for this basement).

I was the structural engineer for this basement


:eek2: by the way what about now ?

:eek2: by the way what about now ?

I finished the basement design and moved on to new projects with a new company. I worked entirely on this project for a year while I was at Arup. I was in Seoul in April when it was only halfway down and it looked absolutely MASSIVE. Despite it just looking like a big hole, the complexity of the structure is greater than on any other project I've encountered, especially in the top-down area under the hotel.

I do know that there has been a bit of re-design going on with the superstructure. But the basement excavation had to be started early, so the basement design was finalised much earlier than the towers and retail/hotel.

http://img55.imageshack.us/img55/768/1230267427sf1.jpg

wow, this will give korea another boost!

There is some kind of mistake about Parc1's height here.
The tallest one is the office tower A with 72 stories and its height is 332.7m
The other is office tower B with 59 stories and its height is 271.7m.


http://www.econews.co.kr/news/data/200812/25_10327_1.jpg

http://samsung.co.kr/UserFiles/Image/081224_m5.jpg

^^good ID:lol:

http://img525.imageshack.us/img525/9694/50427928xz4.png

Can't wait to see it rising, it's going to look great with Seoul's skyline...

http://img228.imageshack.us/img228/4726/yeo1ais4.jpg
http://img228.imageshack.us/img228/9069/yeo2afv0.jpg

Many Korean want this~~~~

http://img228.imageshack.us/img228/4726/yeo1ais4.jpg
http://img228.imageshack.us/img228/9069/yeo2afv0.jpg

Many Korean want this~~~~

the second picture is exactly how Seoul will become sooner or later...and hopefully!!! It will create an awesome skyline!!! :banana:

so, the new structures will be close to the 63, nice!

Korean cities are really mind-blowing, the buildings look so modern in the photos, and mesh in well with their surroundings.

Seoul projects looks amazing!!

http://img223.imageshack.us/img223/8670/37514902.jpg

Do you know how long those cranes have been there? The piling rigs were there for ages.

Very nice project, i like both taller towers...

wow love these towers

Nice building. What are the transport infrastructure arrangements for all these new developments? Although this project is relatively centrally located compared to others, it still seems that Seoul is highrise-sprawling.

Nice building. What are the transport infrastructure arrangements for all these new developments? Although this project is relatively centrally located compared to others, it still seems that Seoul is highrise-sprawling.

The new subway line 9 will hopefully be finished by the end of the year. Yeouido station is close by, and a new station at the National Assembly will be the closest to Parc1.

Hi guys !

I'm new here, happy to follow all these towers in progress, it's so exciting... I will be in Korea soon, I hope to see it by myself and post news about it. ;)

Korea 2002, about skyline on Yeouido island, I think you did a mistake, don't you think ?
The tower next to 63 building, on the right (same height), is not planned for Seoul but for Busan !

http://img228.imageshack.us/img228/9069/yeo2afv0.jpg

By the way, about Parc1, news of the contruction ?

this project will be kewl:cheers:

Wow, nice tower

Nice tower for a very nice, but quite unpretty city.

Look forward to see it rise.

Nice tower for a very nice, but quite unpretty city.

Look forward to see it rise.

I wouldn't say Seoul is an ugly city. Due to fast growth after the war torn capital city, it's quite impressive and has one of the best infrastructures in the world and the world's most wired and technologically advanced city. Of course the apartments around Seoul (esp those commie built in 70-80s) are an eye-sore but it's slowly re-designing itself and becoming very green...compared to Tokyo and Beijing

Nice tower for a very nice, but quite unpretty city.

Look forward to see it rise.

i live in Toronto and i've been to Seoul, and except for being multicultural, i don't Toronto can keep up with Seoul...

In the next couple of years Seoul will be a nicer, cleaner, and a tall city, full of design.
=]

^^ hope with my life, but I doubt it will happen as long as lee myung bak is in charge of the country. We should brace ourselves for next chaos he'll bring.

I live in Copenhagen, have visited Seoul in November and I think that it is a really nice city. But it is not pretty in my opinion - but that - of course - is subjective.

Nice tower though.

Peter

^^ what would be p[retty in ur opinion? traditional buildings and eurpean architecture?

There are a lot of plans but little delivery so far.

Which cities do I find pretty? It definately doesn't have to be European-style. Chinese hutongs are very pretty for instance and so is Sanaa.

I don't find Toronto pretty either by the way.

I live in Seoul, and visited Copenhagen yesterday, and I think that it is a nice city. But it is not a pretty city in my opinion - but that - of course - is subjective.
=]

There are a lot of plans but little delivery so far.

Well we are in a economic crisis.
=]

let's calm down a little, buddies,, I think TORONTOCOPENHAGEN is not bashing korea/seoul..
actually as a Seoul resident, I can say Seoul is not that pretty and photogenic for its crap buildings for now. but hopefully we're now on the way getting nicer and cooler with much policies and toils.

a tip : I recommend to TORONTOCOPENHAGEN to get a wandering around Bukchon, a traditional town of seoul in the north of CBD if you get another chance next. That's so good place to feel what is korea like.

Which cities do I find pretty? It definately doesn't have to be European-style. Chinese hutongs are very pretty for instance and so is Sanaa.

I don't find Toronto pretty either by the way.

If you want those type of "atmosphere", try Bukchon like Mussoda
said earlier, and I would also recommend Insadong, Samcheongdong,
and Sinsa-dong. Insadong delivers a traditional Korean feel while Samcheongdong and Sinsa-dong Garosugil delivers an artistic Korean feel with
beautiful tree-lined streets and beautiful shops/restaurants.

I did go to Bukchon and Insadong and really liked it there - just as I liked Seoul as a city. Just saying that I don't find it pretty - ugly cities can be very nice.

Not really dizzing Seoul - just saying my opinion so chill a little...

Seoul ----> The Heart and Soul Of Korea

^^ true but not atm, as long as lee myung bak is in charge, no...

I just visited Seoul for the first time 2 days ago, and didn't find it pretty, but it was an interesting city. Pretty doesn't have to be European architecture, I find Singapore and KL among the prettiest cities in the world.

Nice tower for a very nice, but quite unpretty city.

Look forward to see it rise.

You have to be joking! Seoul has many nice parts to the city and, comparatively speaking, it is much nicer looking than many European and American cities, let alone among the cities in Asia. You have to take in account the fact that Seoul has had rapid growth over the past few decades and the lack of space for development.

You have to be joking! Seoul has many nice parts to the city and, comparatively speaking, it is much nicer looking than many European and American cities, let alone among the cities in Asia. You have to take in account the fact that Seoul has had rapid growth over the past few decades and the lack of space for development.

Thank you for the complement. :)

I think a better explanation for the not-so-pretty parts of the city, which comprises a greater portion of the city IMO, is rapid development and politics.

At first, Korea was one of the poorest countries in the world, and Seoul was practically leveled to the ground during the war. With rapid economic development, people started flocking into the city, eventually to the 20+ million figure today, and there was dire need for new housing. And the government, a dictatorship ruling a constitutionally democratic state, had fragile legitimacy, so what they could not afford in their hands was a disgruntled population without decent housing. The solution of course was supplying as much housing as possible at the cheapest cost. So the result?

http://encyberimg.encyber.com/updata/travelkorea/200802/04/120209138300449.jpg

Commie blocks. Endless seas of ugly commie blocks. If they even bothered to build those in more squarish styles, which is more expensive supposedly, Seoul could have had a somewhat impressive skyline throughout the entire city and the metro area.

Not that I think this was the wrong course of action. Having grown up in one of those commie blocks in Seoul, happy families with adequate housings is much more important than having an impressive skyline. :) However, people are beginning to realize that Seoul could look better, so recently there was a shift of focus to buildings with better designs forming a coherent skyline. But this is just for the riverside areas and some city centers. In the new satellite cities, they'll still build commie blocks for the bulk of the new housings for the middle class people.

^^ Those are not bad, they seem to be the newer commie block, not the old 70's 80's monsters, the ones in that picture is the newer kind because they got that spot for the ac units outside and there is some landscaping done, they have more color and the roofs have a better finish, you can also tell they are newer because of the big sidewalks meaning a new urbanize area.

Unlike their older brothers, I think these are a nice improvement. The old ones are all over the place in the satellite cities, they all look the same, with big number in the sides. In the positive side all this has been changing by adding some design to the newer towers coming up, especially in the coronation by adding some architectural elements and by also adding some lightning. But beside the outskirts, Seoul has some nice areas. I seen some really quality residential towers next to Yongsan military post, and by Itawon there are some high class modern residential houses. To be honest it probably looks beautiful right now next to Seoul tower the parks in that area are full of flowers at this time of the year.

I know my pic sucks, but here is a great example to follow of residential towers.

http://img402.imageshack.us/img402/9527/seoulresidentialsq.jpg (http://img402.imageshack.us/my.php?image=seoulresidentialsq.jpg)



Anyways i went way offtopic but i think this tower is a sign of how greatly their designs are improving.

^^ point is cesc, that everything has pros and cons. Even the NYC has pros and cons. Seoul definately has pros and cons and can be seen easily.

SKorea must no longer allow buildings of such uniformality and simplicity. Once such a building is up, it will have a long lasting detrimental effect on the look of the city and its dwellers. Please, consider building them so that it is cherished, not demolished in a few years. Consider one such example, S-Trenue, buildings such as that will attract even those who have the least appreciation for visual art and architecture. If you are going to build one, build to intrigue people. I hope Lotte may listen and design their new super tall building to inspire others.

^^ hope with my life, but I doubt it will happen as long as lee myung bak is in charge of the country. We should brace ourselves for next chaos he'll bring.
What? Why do you have to blame LMB? What did he do? If SK is not doing well, please, blame yourself and your attitude.

^^ am i actually being asked this question?

what kind of president cuts tax from rich and sky rockets tax out of poors? he's a sick human being...

anyway bak to topic..

Cool commieblocks...and very nice Parc1 towers too. Seul is very interesting, for sure.

http://encyberimg.encyber.com/updata/travelkorea/200802/04/120209138300449.jpg



Those are actually very interesting 'commie' blocks. Are there any plans to renovate or paint them, to make them less eye-sorish?

^^ am i actually being asked this question?

what kind of president cuts tax from rich and sky rockets tax out of poors? he's a sick human being...

anyway bak to topic..
I don't think you are factual. BTW, what's up with all the demonstrations now in SK? Are they crazy or bored to death with their lives? They are divisive and political. They need to stop all of their commie nonsenses and get jobs for God's sake if they ever want to help themselves. I do not agree with your political support on the left Koreans or poor SKoreans who are prone to be violent and self-destructive. That's not helping and your saying that LMB represses poors is just your political excuse for their violent behaviors. Sorry for my political opinion but how Korea is looked today has a lot to do with the individual attitudes such as yours. It pains me to say that I am not proud of the certain qualities of those S. Koreans.

http://img26.imageshack.us/img26/5658/46845447.jpg

Those are actually very interesting 'commie' blocks. Are there any plans to renovate or paint them, to make them less eye-sorish?

Actually those are newer ones probably built within the last five years. Older ones look more drabby with exposed linear hallways. Something like this:

http://okhouse.co.kr/db/memul04/photo/1027074783e49b46068fc5.jpg

Newer buildings have larger flats and more elevators, obviating the linear hallways. Instead of linear hallways, there is just a small hallway inbetween two flats, providing access to one elevator and the stairs. This is probably the only difference between older and newer commie blocks. The newest ones though have some roof decorations to look a little better. :lol:

Public renovation for these buildings are out of the question, unless you can rally the residents to pay up. Repaintings are done every few years.


I don't think you are factual. BTW, what's up with all the demonstrations now in SK? Are they crazy or bored to death with their lives? They are divisive and political. They need to stop all of their commie nonsenses and get jobs for God's sake if they ever want to help themselves. I do not agree with your political support on the left Koreans or poor SKoreans who are prone to be violent and self-destructive. That's not helping and your saying that LMB represses poors is just your political excuse for their violent behaviors. Sorry for my political opinion but how Korea is looked today has a lot to do with the individual attitudes such as yours. It pains me to say that I am not proud of the certain qualities of those S. Koreans.

Come on guys.. lets leave politics out of this. There's plenty of room for that in Korean Skybar. :)

really those buildings dont look so bad!!! I think a group of many similar building is a unique thing any where!

^^ it is the most common thing in Korea, whereva u go in skorea, u'll see identical apartment blocks everywehere..

http://img523.imageshack.us/img523/3900/20680756.jpg
http://img194.imageshack.us/img194/5594/44385286.jpg


Do you know Top Down Construction??

Seoul's got a beautiful skyline, and I personally think the excess amount of commie blocks adds a charm to the city.

An article in the Korea Times today tells of bad news for Parc 1 and SFIC in Yeoiudo. It seems that they are having trouble landing tenants and the major financial backer of Parc 1 is rumored to be looking for a way out of the project. Construction has ground to a halt and may not be completed until 2013, two years late.

http://www.koreatimes.co.kr/www/news/nation/2009/06/123_47599.html

Yeouido Financial Hub Project Foundering




Mirae Rumored to Be Backing Out as Financier; Tenants Are in Short Supply

By Jane Han
Staff Reporter

The two state-of-the-art property development projects ― Seoul International Finance Center (SIFC) and Parc1 ― currently under construction right across the street from each other in Yeouido have been continually compared to one another from the start.

Both ― designed to be super tall, eco-friendly modern mixed-use complexes ― have positioned themselves to secure top corporate tenants and become the city's landmarks by 2011. But with two years left until their target completion date, neither seems to be on top of their schedules.

Parc1, which is being developed by Skylan Properties, is on the brink of losing its biggest investor Mirae Asset, according to industry sources.

``Mirae is looking for an out as the project is having financing issues,'' said one official familiar with the situation, who declined to be named. Last year, Mirae Asset pledged to invest 900 billion won in the 1.3-trillion-won building, comprised of two office towers, a hotel and shopping complex.

The official said construction has more or less stopped, delaying the completion date to 2013 at the earliest.

However, both Mirae and Skylan Properties fended off the rumors.

``There are always minor slowdowns in major projects like Parc1,'' said a Skylan spokesperson, who stressed that the construction is making progress ``on schedule for completion in 2011.''

With possible delays aside, Parc1 has so far secured no pre-leasing commitments to fill the giant office space.

``There are just not that many tenants out there interested,'' said one industry source close to the situation, who also didn't want to be identified. ``Companies don't feel comfortable moving in this kind of economy, and they don't feel comfortable with Yeouido.''

The country's financial district, a large island on the Han River, is home to many domestic financial firms, but hasn't been a popular choice among foreign brokerages, who mostly prefer the Central Business District (CBD) in downtown Seoul.

In terms of leasing, SIFC is winning the battle, he said, ``but both are still behind in locking in tenants.''

Deloitte is the first and only company that signed in May to lease nine floors of SIFC, but no further commitment has been made since.

Despite the turnout, the Seoul Metropolitan Government ― which is working together with AIG GRE, the real estate investment arm of the beleaguered insurance firm AIG ― is sticking to its preference for global financial firms.

Its plan is to lease the building only to multinational corporations to help raise SIFC and Yeouido's profile as ``Asia's Wall Street.''

``We have a vision for the project and we're going to keep pushing for it,'' said Cho Young-jin, a Seoul City official, who added that the city government is in the planning stages to build better infrastructure for foreign businessmen and their families who move to the financial district.

``Detailed plans will be announced in the coming months,'' said Cho, who claims that securing Deloitte will send a positive signal to the market.

Real estate experts agree that the latest deal will prompt more action, but they point out that bigger and better incentives are needed to get companies to move to Yeouido.

``Getting any commitments for capital expenditure is difficult at this point,'' said Darren Krakowiak, head of research at Jones Lang LaSalle, a global real estate consultancy, who explained that incentives such as shouldering moving costs and providing rent-free periods will help companies decide.



bad news...ifc seoul & Parc1 Construction....
did Economic Disaster come in korea?? OMG!!

I quite like the uniformity of Seoul's apartment blocks and the contrast they make with the older low-rise neighbourhoods. Beats the hell out of American suburbia and the mainland Chinese pastel pastiche mania. It's true that in Seoul individual examples of architecture are generally not as good as can be found elsewhere, but as a city I think it is one of the most attractive and interesting in the world.

What I particularly like is that this massive city is wrapped around a series of mountains, and that the Han river is such a utilised and thriving piece of the urban space. The street level bustle and tangles of neon are also energetic and lively. Actually, because I think the geographical features of Seoul are so good I am not particularly looking forward to the supertalls they are planning, as I fear that it may damage the proportions of the city and draw attention away from the surrounding landscape.

Anyway, as far as I'm concerned anyone who thinks Seoul is ugly either hasn't been there, is a hopeless suburbanite, is a fool, or is too obsessed with skyscrapers too appreciate the other essential qualities that go into making a city fabulous.

Do you know Top Down Construction??

The Saigon Financial Tower also applied top-down construction. The core now has reached 25th floor, but they still haven't finished the 3 basements yet.

http://www.skyscrapercity.com/showthread.php?t=446673&page=9

http://farm4.static.flickr.com/3236/3138143854_f515b97627_o.jpg
http://farm4.static.flickr.com/3232/3072952053_9a15b8be92_o.jpg
http://farm4.static.flickr.com/3246/3134218201_ffab6e7619_o.jpg
http://img.photobucket.com/albums/v605/elvisbin/IMG_3214.jpg
http://farm4.static.flickr.com/3457/3775400306_667e2b3e12_b.jpg
http://farm4.static.flickr.com/3529/3780305796_9f1571d185_o.jpg

I quite like the uniformity of Seoul's apartment blocks and the contrast they make with the older low-rise neighbourhoods. Beats the hell out of American suburbia and the mainland Chinese pastel pastiche mania. It's true that in Seoul individual examples of architecture are generally not as good as can be found elsewhere, but as a city I think it is one of the most attractive and interesting in the world.

What I particularly like is that this massive city is wrapped around a series of mountains, and that the Han river is such a utilised and thriving piece of the urban space. The street level bustle and tangles of neon are also energetic and lively. Actually, because I think the geographical features of Seoul are so good I am not particularly looking forward to the supertalls they are planning, as I fear that it may damage the proportions of the city and draw attention away from the surrounding landscape.

Anyway, as far as I'm concerned anyone who thinks Seoul is ugly either hasn't been there, is a hopeless suburbanite, is a fool, or is too obsessed with skyscrapers too appreciate the other essential qualities that go into making a city fabulous.

:? :? :?

http://img248.imageshack.us/img248/8356/78180953.jpg

no movement...
no process.
front pic's tower is LG Twin tower(LG Group HQ)

http://img248.imageshack.us/img248/8356/78180953.jpg

no movement...
no process.
front pic's tower is LG Twin tower(LG Group HQ)

Is that the LG headquarter?
I thought the HQ is this one.
http://www.seojinlm.co.kr/LG.jpg
http://www.helicam.co.kr/bbs/data/helicamimg3/LG_Tower_1_1.jpg
Another LG building in Gangnam district, Seoul.

http://img248.imageshack.us/img248/8356/78180953.jpg

no movement...
no process.
front pic's tower is LG Twin tower(LG Group HQ)

Is that the LG headquarter?
I thought the HQ is this one.

http://www.seojinlm.co.kr/LG.jpg

http://www.helicam.co.kr/bbs/data/helicamimg3/LG_Tower_1_1.jpg

Another LG building in Gangnam district, Seoul.

Is that the LG headquarter?
I thought the HQ is this one.

http://www.seojinlm.co.kr/LG.jpg

http://www.helicam.co.kr/bbs/data/helicamimg3/LG_Tower_1_1.jpg

Another LG building in Gangnam district, Seoul.

The LG Twin Towers are the headquarters. The one in Gangnam is
a commercial/office/multi-purpose building. In Seoul, large conglomerations
have many different buildings named after them so it can be quite confusing :)
All I know is that Samsung's HQ used to be in Suwon, not Seoul until
recently they moved into the new Samsung Seocho Town buildings in Seoul

Another Korean supertall on hold, no surprise here... :ohno:

I really envy the great designer for this marvelous building.

2009.8.20
NO all stop!! just very slow Process...
http://img22.imageshack.us/img22/4102/30508204.jpg
http://img22.imageshack.us/img22/1789/dscf7044.jpg

http://img97.imageshack.us/img97/1198/67637987.jpg

Hi all. I finished up my work on this project and moved on to other things. But I still keep in touch with former colleagues at Arup. It's rumoured that Parc1 is about to kick off again - apparently finance has been sorted out now. I could be wrong, but this is what I've been told (at the pub mind you)! :cheers:

I really want to see this finished because I spent a year of my life working on it. Some very serious challenges with a basement that large.

http://img31.imageshack.us/img31/599/0912084b1dd91f40d38.jpg

restart Construction!!
I will update related News about Parc1.

http://img189.imageshack.us/img189/2526/ec97acec9d98eb8f84ed8c8.jpg

사업명 : 여의도 PARC 1 project

발주처 : Y22 Financing Investment Ltd.

설계사 : RSH + Partners

대지위치 : 서울특별시 영등포구 여의도동 22번지 일대



대지면적 : 46,465 M2

건축면적 : 644,464 M2

연면적 : 630,361 M2 / 190,684 평


사업기간 : 2007. 06. ~ 2011. 08. (약 50개월)

건축물 개요
- OFFICE 1 (높이 332.7m / 지하7층, 지상 72층)
- OFFICE 2 (높이 262.85m / 지하7층, 지상 59층)
- HOTEL (높이 102.8m / 지하6층, 지상 30층)
- RETAIL (높이 48m / 지하7층, 지상 8층)

HMC · IBK 证, 9224 pakeuwon billion acquisition Promotion

HMC Investment Securities Investment Securities and IBK pakeuwon office towers of Yoido Ⅰ ₩ 922,400,000,000 to the acquisition price will hold. HMC · IBK Securities pakeuwon last September 22 Wi-business project financing and investment company principal (Y22) from the first office tower Ⅰ argument selected as the lead negotiator for the purchase money is looking.




18 days, according to financial HMC Investment Securities Investment Securities and IBK pakeuwon Office Tower Ⅰ purchase price of ₩ 922,400,000,000 by ₩ 13,000,000 levels per 3.3 ㎡, registration with the W-and honed silsabi contract.




HMC and the Y22 side IBK haejegwon the contract argument, present a relatively cheap price pakeuwon selected as priority negotiator said.




Y22, depending on the option contract three months until 12 months after completion insuja haejegwon side may exercise the contract. ₩ 92,000,000,000 give back the deposit is a deposit of about 18% of the year corresponding to the conditions and the compensation is paid.




Banking official "Y22 of the park won eopsayideu potential (potential increase) the consideration of these criteria were selected," said "Project Financing (PF) office buildings for the urgent pre-emptive, but every possibility of future price increases could not give up," he said.




9200 billion 4000 billion won fund the acquisition of shares (equity) investment and senior loan about 4000 billion mezzanine investment ₩ 150,000,000,000 divided due to plans to recruit.




Current and target life insurers and investors looking for equity investors after completion of recruitment to participate in lending financial institutions, Tapping (pre-demand survey) would not enter the industry is described. Approximately 7% of senior loans, mezzanine investments in line 9 percent interest rate will be determined.




Insujacheuk official "funding target for the current life insurance holding and" said "to go through deliberation gigwanbyeol investment that should give the exact figures, but equity investors to recruit close to the target," he said. After "negotiating with sellers and will finalize the acquisition in the year," he said.




He said he only recently selected by the first negotiator to Woori Investment & Securities - Asset Management jeyial the proposed acquisition by a consortium to go around ₩ 15,000,000 per 3.3 ㎡ exceeded the 1 trillion won said.




Pakeuwon (Parc.1) is a multinational real estate development company, Sky Development Group conducted the LAN, Y22, Yeouido business principals have one store in the East and two office buildings, hotels, and construction is a business. Mirae Asset Securities in Ⅱ office towers last year, and has sold around ₩ 900,000,000,000 Ⅰ current office towers are going on sale.


Focus-to assure Development's suceessful Distribution,HMC Investment Bank & IBK Bank(korean Bank) promote Parc1 Office tower 1's Selling.

National banks, financial advisors selected pakeuwon 1.5 trillion PF

National Bank regarding the Yeouido business pakeuwon to 1.5 trillion won from project financing (PF) has been promoting.




IB 17 days the industry, "National Bank in the last 22 Wi pakeuwon principal finance business investment company (hereafter Y22) has signed a contract with the financial advisor," said "the current number of national banks and financial institutions, PF personnel involved daejudan and during the discussion, "he said. The "PF significant progress in the consultations was that," he said.




National Bank of project geumyungbu official "size of 1.5 trillion won pakeuwon arrange PF," said, "Feels structure is confirmed through the sale to discuss progress in earnest," he said.




Pakeuwon business currently has committed up to ₩ 200,000,000,000 beuritjironman scale. After delays due to financial crisis, and office buildings seonmaegak said this delayed PF.




Brit is only one bank and the Lender's opinion Tong Yang Investment Bank, Shinhan Capital, Capital One consists of a single point and extended through the end due to expire by 2010 wolyida 4. Other funds paid for the land owner, land imchabi Unification Church, etc. were used.




Signed and implemented LAN daejudanin pakeuwon Sky Office Tower 1, respectively daetujeunggwon Ⅰ for sale are in progress.




Sky in September last LAN HMC Investment Securities, and a memorandum of understanding relating to the sale of office towers Ⅰ (MOU) was signed and will understand. HMC Investment & Securities to raise money for the argument that current investors are looking for. Daetujeunggwon one of our recent investment securities - Asset Management Consortium jeyial first side has informed the selection of negotiators.




Pakeuwon (Par.1) development of a business entity Y22, Sky Entertainment, Randy, Rob Bell, 22, Yeouido-dong, the implementation should take 4 1 만 6465 ㎡ scale office towers on the site Ⅰ, Ⅱ, including two office buildings, shopping malls East Hotel Construction is a business and. All 62 yeonmyeon pakeuwon less 만 7680 ㎡, promote the sale of two office towers are 22 만 3340 ㎡ Ⅰ won. Total project cost is approximately 2.3 trillion won.

Focus-Korean National Bank(KB) was decided Parc1's Development Advisor for Takeover.

coool!!!!

Great to see this one back

http://img412.imageshack.us/img412/1793/50777372.jpg
http://img204.imageshack.us/img204/7657/74290669.jpg

Really wish this one can finish soon. 63 Building really needs friends nearby. All it has are the Richensia apartments nearby :(

http://img37.imageshack.us/img37/1366/82826382.jpg

Macquarie 'Yeouido pakeuwon' bidders participating

Our investment 证 'First, negotiators remain' lawsuit

Macquarie Financial Institutions hojugye Yeouido in landmark anticipated 'pakeuwon Office Tower 1 (the pakeuwon) to underwrite the sale of late, perhaps he can take geupmulsaleul negotiations. As a result of our investment securities pakeuwon 'Our Town Financial, creating crisis plans fell musan preferred bidder status, attempt to maintain the preliminary injunction is raised attention.

13 days, according to securities industry in Yeouido, pakeuwon Project, Macquarie's real estate development company with the Sky pakeuwon LAN is discussing the sale. Macquarie acquired the building and promote better conditions than the present domestic securities firms to end talks said earlier.

LG headquarters in Yeouido, Seoul, Unification parking lot next to spring up from the tallest 72-storey domestic bildingin Park won the money lent to the developer's position due to differences between daejudan nanhang have had to sell. Sky LAN due to the financial crisis had problem finding pakeuwon insuja said early last year due to the size of the brie doraehan ₩ 200,000,000,000 theory side payments due to the difficulties of the gyeokja daejudan yeonjanghaeju said he would instead seek to direct buyers.

The lender only one sign of the subjective daetujeunggwon November last year, our investment securities, etc. and was first selected as a lead negotiator, at the same time enforce the sign lan Sky HMC Investment & Securities as lead negotiator for selecting the first aimed to conflict. But the stake in HMC Investment & Securities Co. investors are experiencing difficulty in recruiting, Woori Investment & Securities LAN and the sky did not narrow the opinion said.

In such a situation, Sky Trains negotiations between the LAN and Macquarie are split reporters last week, Woori Investment & Securities, and to target Sky daetujeunggwon LAN and one first attempt to maintain the status negotiator has filed a preliminary injunction. When the building was completed in Woori Investment & Securities, Woori Bank and Woori Financial Group and Woori Investment & Securities by moving the subsidiaries 'financial town we' and had announced plans to composition. Seukayiraen official "HMC Investment & Securities Co. is the absence of progress from the current negotiations are on sale with Macquarie" "Our investment securities without regard to the application of the disposable proceed with the sale process," he said.

The financial industry that "the future real estate market grows in the Sky LAN pakeuwon prices are expected to significantly increase the development benefits not want to be finalized," said "investment securities side, we present the argument that the higher the price the contract lan Sky haejegwon prefer and why the proposed Macquarie, "he said

I used Google Translator. sorry forumer... maybe you can't understand what this news tell.In my telling(Summarized Telling),I tell you what this news talk.
Focus-Macquarie Financial Group(Austrailia) participate in Yeouido Parc1's Takeover Finally.

Yeouido pakeuwon, named preferred bidder 'Vague' smoke

I can not select the preferred bidder 10 days
- Office Tower, 1 due to the sale of `vague` nanhang ..

[Miningmx.com Electoral Disabilities News] pakeuwon Upon entering office in Yeouido, Seoul Tower, one unified lot of construction delay due to selecting the preferred bidder has been on hiatus.

11 days, according to industry arguments pakeuwon original 10 days to select a preferred bidder, but said he only performed live and had been to narrow the ipjangcha. As a result, the target exclusive negotiation status to maintain first signed a memorandum of understanding was trying to Woori Investment & Securities (005.94 thousand) expectations were frustrated.

Office Tower 1 1 daejudan sale daetu ongoing operations and DTZ, PwC, etc. in November last year, our investment - jeyial (JR) Asset Management has selected a consortium as the preferred bidder. But ahead of the implementation lan Sky signed with HMC Investment & Securities as lead negotiator for the first argument conflicts by selecting the two sides aimed to place atmospheres.

Sky LAN due to the financial crisis had problem finding pakeuwon insuja said early last year due to the size of the Brit's opinion doraehan ₩ 200,000,000,000 in repayment difficulties due to the side gyeokja daejudan yeonjanghaeju for a buyer for them directly instead of the end naseotneunde ipjangcha is not to narrow.

Woori Investment & Securities Investment Commitment Letters (LOC), and said he only submitted a single preferred bidder to persuade the developer to have been waiting for the final seonjeonghaeju writer. The HMC Investment & Securities by the end of the last 10 jechulki not submitted to the LOC, including the fact this has been considered to be abandoned pakeuwon dill.

Nevertheless, the developer of investment securities side, we do not selected as preferred bidder has been touted as the time. Share prices for the further observation that the strategy be the Son has been raised.

One of the real estate industry officials "have been real estate market conditions are bad I did not like the deal and the current price increases slow down the progression to want to have seemed vague expectations," he said.

Focus-Yeouido Parc1's Takeover Bidder delay Takeover's Deadline.

www.parc1.com
http://img44.imageshack.us/img44/5939/48463265.jpg


Coming soon Website.

Developer is Skylan Real Estate Group
www.skylandev.com
http://img195.imageshack.us/img195/4334/21824731.jpg
Renewed websites..

http://img6.imageshack.us/img6/6313/ed8c8ced81acec9b90.jpg
http://img190.imageshack.us/img190/7084/ed8c8ced81acec9b907.jpg
http://img193.imageshack.us/img193/7853/ed8c8ced81acec9b902.jpg
http://img710.imageshack.us/img710/9173/ed8c8ced81acec9b903.jpg
http://img6.imageshack.us/img6/2171/ed8c8ced81acec9b904.jpg
http://img193.imageshack.us/img193/2058/ed8c8ced81acec9b905.jpg
http://img6.imageshack.us/img6/5861/ed8c8ced81acec9b906.jpg

Introduction

Parc.1 is a mixed-use development designed by one of the world’s best known architects 'Richard Rogers' and managed by international property firm Skylan. Relative to projects actually underway at present in Seoul, Parc.1 is the largest and will include Seoul’s tallest building . Parc.1 will feature two office towers 72 levels and 55 levels respectively, a 7 -story above-ground shopping mall and an internationally renowned hotel.

Key facts Development Manager
Skylan Development Lda.
Concept Architects
Rogers Stirk Harbour + Partners
Construction
Samsung C&T Corporation
Site Address
22 Yeouido-dong. Yeongdeungpo-gu, Seoul
Korea
Land Area
46,465 m2
Office
Tower 1: 223,340 m2, 68 floors(338m)
Tower 2: 166,540 m2, 52 floors(268m)
Retail
180,000 m2
6 levels above ground & 2 levels
underground
(over 300 shops, restaurants & entertainment
facilities)
Hotel
57,800 m2, Approx. 350 keys
Total Development

Development

GFA 627,680 m2


Total Cost

US $2.3 billion (KRW 2.3 trillion)

Completion

2012


http://www.skylandev.com/projects/parc1

http://img693.imageshack.us/img693/329/43000949.jpg


*Good News*

Parc1's Website(www.parc1.com)'s renewal will be released soon.(This week)
Coming Soon Website!!

http://img682.imageshack.us/img682/2378/ec97acec9d98eb8f84ebafb.jpg

Future is going on~

cant wait to see that skyline in a couple of more years!!

http://img43.imageshack.us/img43/4324/20412702146f03d4662008c.jpg
http://img69.imageshack.us/img69/9616/2041270214771088592008c.jpg
http://img269.imageshack.us/img269/6980/20412702147ab283c32008m.jpg
http://img26.imageshack.us/img26/8707/204127021477d8e1f62008c.jpg

Sunken Park
http://img43.imageshack.us/img43/5651/ed8c8ced81acec9b90ec84a.jpg

Retail Facility
http://img705.imageshack.us/img705/3172/ed8c8ced81acec9b90eba6a.jpg
Building Model
http://img705.imageshack.us/img705/897/ed8c8ced81acec9b90ebaaa.jpg

http://img41.imageshack.us/img41/7317/ed8c8ced81acec9b90eab3b.jpg

www.parc1.com

http://img638.imageshack.us/img638/4005/ec98a4ed94bcec8aa4ed838.jpg
http://img638.imageshack.us/img638/1425/ec98a4ed94bcec8aa4ed838j.jpg
http://img203.imageshack.us/img203/4005/ec98a4ed94bcec8aa4ed838.jpg
http://img716.imageshack.us/img716/4005/ec98a4ed94bcec8aa4ed838.jpg
http://img36.imageshack.us/img36/3584/32966145.jpg
http://img33.imageshack.us/img33/2087/29403871.jpg
http://img97.imageshack.us/img97/6956/48311626.jpg
http://img69.imageshack.us/img69/7416/27355613.jpg

Crown Plaza Parc1(Inter-Continental Hotel)
http://img402.imageshack.us/img402/1415/ed98b8ed8594.jpg
www.parc1.com

http://img638.imageshack.us/img638/6982/ec87bced9591ebaab0.jpg

http://img43.imageshack.us/img43/1634/3424274.jpg
http://img397.imageshack.us/img397/2672/3424276.jpg
http://img195.imageshack.us/img195/5720/65706604.jpg

Close-up Parc1
http://img8.imageshack.us/img8/2720/97648820.jpg
http://img37.imageshack.us/img37/7865/31826570.jpg

I really like the idea of highlighting the primary structural elements like that.

I really like the idea of highlighting the primary structural elements like that.

Second that, it's sublime !

I don't like the red outline they could have pick a better color like purple or a darker blue. But it's their building so they can do what they want with it.

Crown Plaza Parc1(Inter-Continental Hotel)
http://img402.imageshack.us/img402/1415/ed98b8ed8594.jpg
www.parc1.com

Hotel Hesperia L'Hospitalet (Barcelona)
http://upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Spain.Catalonia.Hospitalet.Hotel.Hesperia.Plantilla.JPG/400px-Spain.Catalonia.Hospitalet.Hotel.Hesperia.Plantilla.JPG

Annyohasaeyo!

I love these designs passionate. :)

Annyong~!
:lol:^^

http://img59.imageshack.us/img59/9665/96800883.jpg

The tallest building of this project is 72 floors, not 68floors


http://img59.imageshack.us/img59/9665/96800883.jpg

This construction is slowly in progress with 19% completion.

Wow! Big complex. And it is nice to see it U/C.

Looking good in this pic!

http://img43.imageshack.us/img43/4324/20412702146f03d4662008c.jpg

http://img28.imageshack.us/img28/3523/dsc9918factorno1.jpg

Main Core(Office Tower) is rising!!

http://img534.imageshack.us/img534/5867/86950394.jpg

how come there's so little progress compared to Seoul IFC?

Look at the left side! It is rising above the grond finally.

March
http://img41.imageshack.us/img41/7317/ed8c8ced81acec9b90eab3b.jpg

June
http://img534.imageshack.us/img534/5867/86950394.jpg

very nice project !

http://img149.imageshack.us/img149/5927/20100623183750054901.jpg

Yeouido pakeuwon, 英 take preventive duke spirit of Gloss

Seukayiraen group of international real estate development company in the 23 days Yeouido developing mixed-use project being developed pakeuwon (Parc.1) in the field shares the British Duke of Gloucester Richard, British Ambassador to the prevention of Technology received yudeun Martin said.




Seukayiraen group pakeuwon day at the field office as envoy of the Queen of England is visiting South Korea yudeun British Ambassador Richard Martin Institute of Technology, under the Prevention of attendants pakeuwon project over an hour about the event was held and on-site tours. The visit was designed by Richard Ball pakeuwon have expressed interest and encouragement for.




Dan Grover, managing director of seukayiraen group "to represent the Park won the British philosopher, architect and urban development designed by Richard Rogers and his partner, and British Sky real estate development company that developed the LAN," said, "as well as international interest in the Park won Many also expect to receive from the British royal family are delighted, "he said.




22 Yoido-dong Park, won the mixed-use commercial complex being developed in the 72 to 56 layers and layers agree scale, two grade A office towers, more than 300 shops and restaurants will be ipjeom shopping malls, and international business with 350 rooms the hotel will house. Completion is scheduled for the end of 2012.

Wow! Big complex. And it is nice to see it U/C.

Looking good in this pic!

Yes Looking good in this pic!,great Sam Sung Group :cheers:

pics from DC
http://dcimg1.dcinside.com/viewimage.php?id=city&no=29bcc427b78277a16fb3dab004c86b6f26e693b3c5145bfe0baa5c08902e9bdf93ea406a1b2e14a4d5da74022b684da7a2a6abf6760915048d38223303e4cb&f_no=7ee88819b08a6bf620b5c6b2

^^^ what are the buildings being built next to this one?

Which plot in the complex is the main tower?

Which plot in the complex is the main tower?

Front yard of the site.

^^^ what are the buildings being built next to this one?

IFC Seoul.

Wow! Big complex. And it is nice to see it U/C.

Looking good in this pic!

Looks much better in the opening post of this thread. ;)

http://img819.imageshack.us/img819/9440/sdc10280.jpg
http://img411.imageshack.us/img411/6813/sdc10282q.jpg
http://img338.imageshack.us/img338/8269/100701b.jpg
http://img27.imageshack.us/img27/828/9431405184c250791baffc.jpg

http://img52.imageshack.us/img52/8663/16066304.jpg
http://img441.imageshack.us/img441/9794/imageod02write2julie.jpg
http://img594.imageshack.us/img594/5678/imagere01write2julie.jpg

http://img291.imageshack.us/img291/5455/100715.jpg

Current Progress is 19%.

http://img837.imageshack.us/img837/5561/12808229462010080317105.jpg
http://img201.imageshack.us/img201/5561/12808229462010080317105.jpg
http://img823.imageshack.us/img823/1819/12808229462010080317110.jpg

Parc1 are rising.

pic from DC
http://uccfs.paran.com/PUD/ky/o122/IMG/20100811/1281518511_201008111825494533214301_0.jpg

so fast, thanks for update

This is going to look awesome! :)

Parc1 Overview
http://img205.imageshack.us/img205/2479/100813v.jpg
http://img838.imageshack.us/img838/1715/20100811siteoverview04.jpg
http://img265.imageshack.us/img265/2276/20100811siteoverview06.jpg

Office
http://img707.imageshack.us/img707/585/20100811tower175write2j.jpg
http://img837.imageshack.us/img837/9977/21184402.jpg
Retail
http://img21.imageshack.us/img21/6350/20100811retailsite203wr.jpg

Exposed to 1 trillion won pakeuwon procurement plans outlined PF 2.3


http://img638.imageshack.us/img638/7696/3720img1.gif
Had been delayed for over one year half-Yeouido pakeuwon project financing (PF) and revealed the outline of the funding plan.




1.2 East and downtown office towers, the hotel project is a pakeuwon PF spent 2.28 trillion won a total equity investment △ △ PF reserved △ Cost of contractors, including syndicated three-part Tron is one trillion months

Equity investment project finance and investment company of the pakeuwon PF (PFV) is a project finance investments Y22 (Y22) and procurement, and financial scale of 220 billion won.




Cost reserve minutes in a 250 billion won, construction signs pakeuwon PF Samsung of the construction cost 1.3 trillion won and 250 billion yuan is required to do division.




The remaining project cost 1.81 trillion won to financial advisors selected Shinhan Bank is looking through the theory of the syndicate.




Shinhan Bank's syndicated Ron designed the trench been divided into A and B, respectively, the scale of the recruitment fund 820 billion won, 990 billion won. Recruiting Trench divided into A and B to fund future payments Syndicator much for the cyclotron.




Senior 480 billion won, jungsunwi 180 billion won, including 160 billion won Subordinated a trench A total of 820 billion won, the Macquarie consortium, completed a key, and then buy 890 billion won, the sale of an office tower pakeuwon money used to fund the repayment be.




Trench B loan, senior circle 990 billion 770 billion won, 100 billion won jungsunwi, subordinated, is composed of 120 billion won. Repay the funds of Mirae Asset Securities purchased two office towers pakeuwon signed an MOU with the commercial, hotel sale is funded.




Tron syndicated loan with 42 months maturity, interest rate 8.25 percent if all conditions of the senior.




Last 18 days so far recruited 600 billion won scale syndicated cyclotron, Shinhan Bank and the Police Mutual Aid Association signed financial advisory, Science and Technology Mutual Fund, Mutual Construction, Dongbu Insurance, Jeonbuk Bank, Jeju Bank, Hyundai Securities, HMC Investment Securities, NH Capital Shinhan Capital, pension funds and other financial companies that are involved.




The remaining funds come the end of September and aim to complete recruitment, including life insurers are expected to be major investors.




Shinhan Bank official said, "For pakeuwon PF worth 2.28 trillion won, with 04 major landmarks as banking, securities, insurance, pension and 30 will participate over there," said "ongoing purchase of two office towers Cost is determined and confirmed reservations for admission to a syndicated cyclotron acceleration goin, "he said.




Focus- Parc1's Financing works(PF) will start in September.

http://img23.imageshack.us/img23/5668/3696967.jpg
http://img834.imageshack.us/img834/2441/3696970.jpg

Main Core
http://img547.imageshack.us/img547/3812/3696974.jpg
http://img267.imageshack.us/img267/2760/3696975.jpg
http://img687.imageshack.us/img687/2897/100910write2julie.jpg
http://img412.imageshack.us/img412/849/20100914tower110write2j.jpg
http://img442.imageshack.us/img442/7271/20100914towersite02writ.jpg
http://img121.imageshack.us/img121/8766/e3031.jpg
Retail site
http://img267.imageshack.us/img267/4744/20100914retailsite215wr.jpg

pics from DC

One month ago
http://img25.imageshack.us/img25/4575/20100914tower130write2j.jpg

http://img267.imageshack.us/img267/8766/e3031.jpg

October

http://img221.imageshack.us/img221/9096/p1060640.jpg (http://img221.imageshack.us/my.php?image=p1060640.jpg)
http://img831.imageshack.us/img831/751/p1060645g.jpg (http://img831.imageshack.us/my.php?image=p1060645g.jpg)

we're gonna have a better angle now that is rising higher

http://img213.imageshack.us/img213/1515/dscf3703.jpg

http://img715.imageshack.us/img715/511/20101029towersite57york.jpg
http://img139.imageshack.us/img139/8819/20fc371.jpg
http://img20.imageshack.us/img20/6492/21274603.jpg
http://img241.imageshack.us/img241/6899/2010104.jpg
http://img440.imageshack.us/img440/9929/20101029hcs09york9.jpg]
http://img689.imageshack.us/img689/9261/20101029retailsite239yo.jpg
http://img84.imageshack.us/img84/1184/20101029siteoverview25y.jpg
http://img404.imageshack.us/img404/5660/20101029tower221york9.jpg

Construction Progress rates-25%

http://img101.imageshack.us/img101/6346/c6c41.jpg

At the last minute in black and pakeuwon PF

Fold in the closing stages of the project financing was pakeuwon St. (PF) of funding for the long delays were fit.




PF Shinhan Financial advisory signs and bridges as well as the construction company, Samsung daejudan theory, performed an unexpected result, even sign lan Sky.




There seemed no danger pakeuwon PF land owner, the Unification Church Foundation's sudden entry of the land attributable to reversal. Business Promotion in 2005 and since its happening've lived through several projects in progress as this had never faced a debt.




PF pakeuwon superficies in the country's first introduced the concept of all major landmarks PF.




Sky sign lan performed the 2005 unification Unification Church Foundation and the St. Parking Lot for 99 years has signed an agreement to bilryeosseugi to superficies. Instead, it takes enormous resources to purchase land for 5% of land price to pay 99 years of land rental fees, but after 1999 the Unification Church to return to the Foundation are in the form of land and buildings.




International Finance Center in Yeouido business early in the meantime, although it was behind a building permit is delayed PF pakeuwon restriction has been without a large crowd.




Land charges last April were 200 billion won to pay the debt with maturity of the Brit was agnostic when central banks in the 2nd LAN Sky Bridge Ron financing new and handed over the crisis.




The bank then arranges for a new Brit Giron daejudan configuration, and 1.8 trillion won in recognition of the contribution of the PF was chosen as financial advisors.




Shinhan Bank funding recruitment PF while this is the most difficult to repay the loan were to provide a reliable device.




If the office tower of 1.2 PF pakeuwon copper project in advance as a condition of sale, but the structure was programmed copper buying two office towers with Mirae Asset Securities bongyeyak key to signing a while my heels The delayed recruitment rate did not lead to the PF .




But last Sept. 17 at Mirae Asset Securities pakeuwon office tower 2 through the Board of Directors made the decision to purchase agreement.




Payments are suggested as the PF total 1.8 trillion won for Shinhan Bank, the scale of 1.4 trillion won of the PF raise funds, and funding coming in December were in danger of closing.




Problem for the last 17 days cuz Unification Foundation (sihaengsa side) surface rights without the permission of the Ministry of Culture set up in Seoul Central District Court said acts invalid cancellation of registration of superficies set began with a suit.




Disposals of civil religious corporation must obtain permission from the Ministry of Culture p.m., but already from the beginning, the Supreme Court and the Justice Department and the surface rights set disposals received the matter that is independent interpretation pakeuwon PF officials could not hide his embarrassment.




The outcome of litigation, leaving the land owner, the Unification Church Foundation and the developer's conflict surfaced in the situation in the PF will invest a financial holding company for the investment approval, and eventually abandoned Shinhan Bank officials this year to configure the PF condition.




PF Shinhan Bank and the participating financial companies failed in the meantime, the efforts of committed funds went back at least I had never had a problem that causes a loss of points as a consolation victory.




Wavelet theory and construction company, while Samsung daejudanin 2 financial companies are worried about financial loss. Samsung is the worst-case cost of about 130 billion won to repay yubobun problem occurred, only the 160 billion won Brit Giron lenders because the loan is past due.




PF's current pakeuwon gongjeongryul crossed the 25% level. Financial companies' losses or to leave the Unification Church and the Foundation sihaengsa an agreement is not found soon pakeuwon PF St. landmark that is likely the time when the non-scar on the face.




Yongsan and Pangyo PF followed by another large-scale failures would not be concerned.

Focus-due to Parc1 Development's All-stop,Almost-Completed PF(Project Financing) work will be non-dated Postponing...

Now,Parc1's Development met Big Obstacle! That is,Religious Organization ' Unification'(통일교-종교)'s Problem...
Origin Land Owner is this Regious Organization,Origin Owner turned over Rights of Land Use to Parc1's Developer(Skylan Development).
but,for Religious Purpose,this Organization required take-over of the Land use.... So,Fight between organization and Developer started!

Finally,Parc1's Overall Development will be delay....