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Old November 7th, 2012, 10:03 AM   #1081
inno4321
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Quote:
Originally Posted by đđeůx View Post
Inno what happens with the land if Lotte and Korail don't come to an agreement (who owns the land?)
If lotte and korail don't come to an agreement that is means dreamhub INC's "bankrupt"(IBD project cancelled)

If dreamhub bankrupt Then land will return to KORAIL own.(At the moment land is dremhub INC's own. Because korail sold land to dremhub INC)

But KORAIL afraid land return to S.korea goverment own. Because the ministry of transfer and land promoting for nationalization of KORAIL's land.

So land will be either KORAIL or S.KOREA goverment own.
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Old November 8th, 2012, 04:03 AM   #1082
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Ah thanks for clearing that up. And since Korail is afraid the government will get the land if they don't reach a deal with Lotte that should motivate them to compromise!
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Old November 8th, 2012, 04:36 AM   #1083
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Wait, so did ground works and what not begin for this at some point?
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Old November 8th, 2012, 09:33 AM   #1084
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Wait, so did ground works and what not begin for this at some point?

Right officialy ground works begins

However At the moment "soil remediation procedure stop" due to dreamhub have no money

By the way
fortunately Now(4'35'' pm seoul time) ALL members of the board of directors participate in dremahub office in seoul and begin talked about IBD project.

So wish for good news from meeting. soon I will inform.........
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Old November 8th, 2012, 12:45 PM   #1085
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The IBD's Board of director today unanimously confirmed to issued "2500 billion won(about 169 million U.S. dollars) as project financing.

Seoul Internation business district project get away from "bankrupt"

"In today emergency meeting All company's directors agree with IBD project get away from project default." Yongsan develop company concerns said.

"Based on today decision If PFV's shareholders accept Credit Bank 2500 billion won, then KORAIL have to pay deposit as Tripleone's landmark tower's 4,160 billion won come to Dreamhub INC. In result Dreamhub begin compensation and permission for construction with that money" Yongsan develop company concerns said.

Very Glad with SSC memebrs


- Though there is some risk which shareholders accept Credit Bank 2500 billion won until 13. december. But There is no doubt that PFV company accept Credit Bank.
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Last edited by inno4321; November 8th, 2012 at 03:40 PM.
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Old November 8th, 2012, 01:43 PM   #1086
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, finally some good news here !
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Old November 8th, 2012, 03:27 PM   #1087
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Great!!!
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Old November 8th, 2012, 03:31 PM   #1088
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Bravo Soul !
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Old November 8th, 2012, 03:46 PM   #1089
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it is a start, but i would not be too hyped, that amount of money is not enough to build any of these taller towers
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Old November 10th, 2012, 02:43 PM   #1090
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That's true. It's awesome news for now, but this isn't complete victory yet. However, it still deserves our celebration
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Old November 21st, 2012, 07:13 PM   #1091
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Some renders of the complex with final designs:



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Old November 22nd, 2012, 12:30 AM   #1092
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I still don't think there's enough of a connection between the individual tower designs for it to look cohesive as a single project.
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Old November 22nd, 2012, 01:14 AM   #1093
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Perhaps that's a good thing. Too much similarity to me just screams redundancy.
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Old November 22nd, 2012, 01:20 AM   #1094
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I wish the cluster was more spread out. I hate it when all the skyscrapers are just bunched together in one tiny spot. It looks like a blob from a distance.
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Old November 22nd, 2012, 07:18 AM   #1095
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As a whole one cluster IBD is ugly and inharmonious design. I'm agree.
However as a individual building these are fascinated and experimental skyscrapers.
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Old November 22nd, 2012, 07:46 PM   #1096
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Quote:
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I wish the cluster was more spread out. I hate it when all the skyscrapers are just bunched together in one tiny spot. It looks like a blob from a distance.
Wel, it seems as if Seoul has many skyscrapers spread and bundled together across the city..So this bundle wouldn't be an eye sore, just another cluster of skyscrapers.
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Old November 25th, 2012, 10:23 PM   #1097
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Great cluster!
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Old November 30th, 2012, 07:20 AM   #1098
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South Korea needs to get its construction act together, delaying all these projects...
It doesn't even have a single building over 300 meters constructed yet.
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Old November 30th, 2012, 02:06 PM   #1099
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Actually there is two skyscrapers above 300m in South korea http://en.wikipedia.org/wiki/Northeast_Asia_Trade_Tower and http://en.wikipedia.org/wiki/We%27ve_the_Zenith
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Old November 30th, 2012, 03:57 PM   #1100
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Quote:
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And 2 500m+ under construction
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