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Old March 8th, 2012, 07:43 PM   #761
aquaticko
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I have to say I am a bit confused as to why this mayor is so against the development. I know that it's being pushed heavily by some of the chaebols, which I tend to agree need to be reigned in. I could also see this as being thought of as a development that will only directly benefit a relatively small portion of Seoul's population, and know Seoul has many other areas that are in more immediate need of redevelopment. Also, economic inequality is usually thought to be a growing problem in South Korea. He might also be concerned that the city can't afford a project of this size (although I thought it was mostly a private-sector project).

But even still, it seems like a super-valuable piece of real estate, a massive one right in the middle of one of the world's largest and most important cities, and obviously construction will provide some jobs, even if they're low paying ones, and services will create more jobs after construction is complete. Inno, what is the mayor's reason for stopping the project? Why is he so against this development?
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Old March 8th, 2012, 08:51 PM   #762
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Quote:
Originally Posted by aquaticko View Post
I have to say I am a bit confused as to why this mayor is so against the development. I know that it's being pushed heavily by some of the chaebols, which I tend to agree need to be reigned in. I could also see this as being thought of as a development that will only directly benefit a relatively small portion of Seoul's population, and know Seoul has many other areas that are in more immediate need of redevelopment. Also, economic inequality is usually thought to be a growing problem in South Korea. He might also be concerned that the city can't afford a project of this size (although I thought it was mostly a private-sector project).

But even still, it seems like a super-valuable piece of real estate, a massive one right in the middle of one of the world's largest and most important cities, and obviously construction will provide some jobs, even if they're low paying ones, and services will create more jobs after construction is complete. Inno, what is the mayor's reason for stopping the project? Why is he so against this development?

In short, new idiot mayor is going to deleted a predecessor-mayor's policy and project(Mr oh se hoon who is pioneer of "design Seoul policy")

As you know Mr oh is resigned as seoul mayor after defeated war against with so called "무상복지-Musang bookji(free welfare politicain).
New idiot mayor Mr park is side of free welfare politicain(they connect with Anti-Lee myoung bak-solidary who is president of s.korea also a former Hyudai construction company's chariman). Therefore he want to deleted all major project of seoul which start or planned from a predecessor time.
Morefore IBD yongsan project is very essence of "한강르네상스han river renassance project" of predecessor Mr oh sea hoon.

Aquaticko Your point is correct!!! that is common sense especially for seoul city which like low graded slumism place.
Seoul need develope and needs more job and measures to stimulative economy!! That is common sense
But new mayor park is doesn't have the least interest at Seoul's prosper or Future. Nevermind...

He just concerns about sucess as politician. shame on monkey mayor.
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Old March 9th, 2012, 10:00 AM   #763
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But this project is progressing well and the tower will be build with its full height so I don't quite get what he actually did so bad for this project.
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Old March 9th, 2012, 02:11 PM   #764
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Quote:
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But this project is progressing well and the tower will be build with its full height so I don't quite get what he actually did so bad for this project.
on the beach side there was supposed to be a bit more green space and few nice smaller buildings. those have been denied and instead the commie blocks will stay and block the view to the new project. that's the major thing people rant about, but i have to admit that the tower is still rising, so it's nothing too bad.
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Old March 9th, 2012, 02:51 PM   #765
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I know the commie blocks problem, but they can't expect him to force people to move just like that, right? Well I don't no noting about this mayor, but the fact that he won't force people to move from their apartments isn't something that makes of him such a monster, right? After all South Korea last time I checked is democratic country so they can't just move hundreds of people like they do it in China...
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Old March 9th, 2012, 07:57 PM   #766
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I am sure they don't want to repeat the Yongsan fire incident then set the project back even further. Just be patient, the blocks will likely be redeveloped at some point in the future even if it is after the dream hub is completed.
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Old March 9th, 2012, 10:38 PM   #767
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Yeah, I really don't think the mayor's changes are going to be that devastating to the overall good this project could do.
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Old March 10th, 2012, 11:50 AM   #768
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I am sure they don't want to repeat the Yongsan fire incident then set the project back even further. Just be patient, the blocks will likely be redeveloped at some point in the future even if it is after the dream hub is completed.
The blocks is already fully got 400% floor space index. Accordding to building standard law that blocks's redevelope is almost impossible!!! Even block know that....they already know

Otherwise commie block.... back side normal house are almost 90% agree with project.

Which means is they-commi just want little bit more compensation. Why? Just in the favor of han river prospect right!!
They say "we are infront of river! very expensive!"

But han river is just like Thames/Seine river not commi block's own but seoul all citizens public area!!
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Old March 12th, 2012, 11:49 AM   #769
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http://www.newspim.com/view.jsp?newsId=20120312000348

Daily News
Dreamhub sucess publish to 1 billions USD ABCP.
Rate interest is 3.72%
SCB in Hongkong asia Head Bank invest 200 million USD.
Whithin this years permissions to enforcement plan
Construction start permissions at January, 2013.
Completion at 2016
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Old March 12th, 2012, 02:35 PM   #770
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Good news.
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Old March 12th, 2012, 02:38 PM   #771
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Quote:
Originally Posted by inno4321 View Post
Construction start permissions at January, 2013.
Completion at 2016
Are those dates for the tower construction or for the whole district?
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Old March 12th, 2012, 04:09 PM   #772
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Quote:
Originally Posted by patrykus View Post
Are those dates for the tower construction or for the whole district?
Maybe Towers.
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Old March 12th, 2012, 04:52 PM   #773
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Quote:
Originally Posted by patrykus View Post
Are those dates for the tower construction or for the whole district?
Above timetable is cite from today Newpapaer interview whom dreamhub concerns crew.

http://news.naver.com/main/read.nhn?...aid=0002052762

This project go as one-unit. So above interview understood as "WHOLE UNIT"

btw This project no problem. Only obstacle is idiot mayor
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Old March 13th, 2012, 12:01 AM   #774
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trust me you guys have got it easy compared to us in Adelaide, a couple of years ago the council rejected a 40m building for being way to tall! I really hope this one goes forward, definitely one of my favourite projects, just can't wait to see the final design!
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Old March 14th, 2012, 05:13 PM   #775
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trust me you guys have got it easy compared to us in Adelaide, a couple of years ago the council rejected a 40m building for being way to tall! I really hope this one goes forward, definitely one of my favourite projects, just can't wait to see the final design!

Thanks for your consolation. Europe's beauty came from old architect and preserve history. Also europe's council is much more democratic than korea. At the moment new idiot mayor act like a tyrant.
BTW in theses day I'm really stressful and desperated by "mayor"
I'm very worry about the IBD project's future. Frankly speak I'm really in panic.
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Old March 14th, 2012, 05:43 PM   #776
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demolition is under way now and construction is set to start already in January 2013? that would be awesome, but sounds a little bit too optimistic for me But maybe they mean groundbreaking or piling works start by January. we will see how this goes.
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Old March 19th, 2012, 05:04 PM   #777
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sorry
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Old March 22nd, 2012, 12:32 AM   #778
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http://blog.naver.com/PostView.nhn?b...o=120154418278
6,MARCH
If commi block to demolish, I would promise almost every week or everyday i'll take a photos by myself(not only IBD but also others lotte/seoullite etc)
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Old March 22nd, 2012, 06:58 AM   #779
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Wow, the site is really being cleared quick.
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Old March 27th, 2012, 11:13 AM   #780
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sorry
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