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Old November 30th, 2012, 09:41 PM   #1101
ThatOneGuy
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The diagrams didn't show them, oh well
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Old November 30th, 2012, 10:55 PM   #1102
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You mean my diagram? If yes then it didn't show them because it is a Seoul diagram. We have the Zenith is in Busan and Northeast Asia Trade Tower is in Incheon
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Old December 4th, 2012, 01:07 AM   #1103
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Any news about shareholders accepting the 2500 billion won? Is that what the project currently relies on? Or do we have to wait until 13 dec?
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Old December 6th, 2012, 08:02 PM   #1104
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Quote:
Originally Posted by Geass View Post
Any news about shareholders accepting the 2500 billion won? Is that what the project currently relies on? Or do we have to wait until 13 dec?

Shareholders must buy CB(Credit Bank) Expire is 12. DECEMBER.
However no one company buy CB.
At the moment Very very skeptical.

However Dremhub inc said "We believe that Shareholder company will be buy some CB. Due to No one wish to bankrupt IBD project. If bankrupt then 7 billion USD lost in empty sky"

KORAIL AND LOTTE STILL ONGOING BATTLE
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Old December 7th, 2012, 12:45 AM   #1105
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Well 6 more days.
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Old December 7th, 2012, 01:41 PM   #1106
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LOL, this is getting tense
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Old December 10th, 2012, 02:20 PM   #1107
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Quote:
Originally Posted by ThatOneGuy View Post
The diagrams didn't show them, oh well
Quote:
Originally Posted by čđđeůx View Post
Well 6 more days.
Quote:
Originally Posted by Kanto View Post
LOL, this is getting tense

Brief situation report.

- At 13, december credit bank($210 million usd) is going to issued.(5% rate for 12 month)
- If succeed then Landmarktower Tripleone's contract deposit($320 million usd) will be pay from KORAIL to Dremhub inc.
- If succeed then dreamhub escape from default and no worry until the beginning of next years.
- If fail then default project to canceled
- At the moment Dremhub have only $ 18 million usd
- Dreamhub have to pay $ 19 millions "Total Real estate tax" "financial rate" until 17.december.

- Dreamhub already finished for pay "Building design pay" of foreign company(adrian smith etc) "property tax pay' of seoul city.
- However still didn't pay for "Building design pay" of korean architecture firm.

Last edited by inno4321; December 10th, 2012 at 03:07 PM.
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Old December 24th, 2012, 02:08 PM   #1108
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KORAIL suggested to NEW president of korea dreamhub project designation as "Economical Free area" or "Special Tour area"

TWO days ago new president elect. So KORAIL expect national goverment support to this project.
If project designation as "Economical Free area" or "Special Tour area" then master plan will be changed to much more increased and taller.
Already Around Lotte tower was designated as "Special Tour area"

However KORAIL still stick with gradual plan(completion delay from 2016 to 2020)

Fortunatley NEW president she is very rational woman beside Mayor of seoul. Therefor I believe this project will be resume soon.
KORAIL want to project site as untied "Special Tour area" from CBD==>Myongdong==>Seoul station===>Yongsan(IBD)

Last edited by inno4321; December 24th, 2012 at 03:34 PM.
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Old December 24th, 2012, 03:07 PM   #1109
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It might be built even taller? That is awesome news
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Old December 24th, 2012, 03:13 PM   #1110
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I'm still hoping and praying for a redesign of this mess. And how about hiring some Korean architects for the job? I'd love to see a Mass Studies vision for this site.
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Old December 24th, 2012, 08:38 PM   #1111
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Quote:
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It might be built even taller? That is awesome news
Lets hope for a 700m+ tower
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Old December 24th, 2012, 10:45 PM   #1112
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I wonder how much such a tower will cost in Seoul? Must be over a bilion $.
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Old December 25th, 2012, 04:48 AM   #1113
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Quote:
Originally Posted by Kanto View Post
It might be built even taller? That is awesome news
If new president accept then i believe it will taller or increased size. New president different party with anti develop seoul mayor. Very optimistic

Quote:
Originally Posted by aquaticko View Post
I'm still hoping and praying for a redesign of this mess. And how about hiring some Korean architects for the job? I'd love to see a Mass Studies vision for this site.
Agree. However i shock when i was saw miniature of IBD in dreamhub compnay's office. I really suprised even i can't move during see miniature.

Very huge and elegance! I will take a picture sooner or later.

Quote:
Originally Posted by ZZ-II View Post
Lets hope for a 700m+ tower
me too i like a daniel's archio21.

Quote:
Originally Posted by krkseg1ops View Post
I wonder how much such a tower will cost in Seoul? Must be over a bilion $.
In the case of Tripleone, KORAIL buying tripleone about $4 billion ( 4조1632원)

Last edited by inno4321; December 25th, 2012 at 05:04 AM.
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Old December 25th, 2012, 09:38 PM   #1114
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Well if I have learned anything at ssc over all those years is that you should never be overexcited about any korean project. One they they say they are increasing it and next the whole project is canceled So I will wait for some construction till I open champagne. But I am moderately happy for the good news. Let's hope for the best for this project
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Old December 26th, 2012, 05:25 AM   #1115
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Quote:
Originally Posted by patrykus View Post
Well if I have learned anything at ssc over all those years is that you should never be overexcited about any korean project. One they they say they are increasing it and next the whole project is canceled So I will wait for some construction till I open champagne. But I am moderately happy for the good news. Let's hope for the best for this project
OK I understand your opinions, I agree no one know what will happen in project until it comes to reality.
Above all article is true Except "taller". But it is true If new pesident accept KORAIL's suggestion then master plan will be changed to much more bigger.
So i just assume that is will be "taller"
I'm just inform korean news as possible as i can.

By the way I admit it your experience in SSC which means wait and let's hope and just see We needs a lot of time
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Old December 26th, 2012, 10:22 AM   #1116
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well it would be amazing if the height gets increased, but i have the feeling they will still push it further and further away and it will never get built
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Old December 26th, 2012, 11:22 AM   #1117
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well it would be amazing if the height gets increased, but i have the feeling they will still push it further and further away and it will never get built
lotte world tower also took a quite long time until it was U/C...and now it's over 120m tall already
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Old December 26th, 2012, 12:48 PM   #1118
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Quote:
Originally Posted by KillerZavatar View Post
well it would be amazing if the height gets increased, but i have the feeling they will still push it further and further away and it will never get built

Yeap Let's hope!

Quote:
Originally Posted by ZZ-II View Post
lotte world tower also took a quite long time until it was U/C...and now it's over 120m tall already

Exactly
Lotte tower took about 10 years from proposal to u/c.
Especaily what I'm trill is Lotte tower approve very beginnig of new goverment by New president of korea(Lee myong bak)

Therefore I hope new president of korea she will push up yongsan IBD as like a lotte tower case.
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Old January 10th, 2013, 01:11 AM   #1119
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At the moment KORAIL and Dreamhub all stop financial process.

And waiting for decision by new pesident of s korea who miss gun he park.

Presidential inauguration in 25 feb 2013.
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Old January 10th, 2013, 01:03 PM   #1120
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Doh! Another delay of this beautiful tower
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