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Supertalls Discussions of projects under construction between 300-599m/1,000-1,999ft tall.
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Old August 16th, 2013, 12:42 AM   #381
Seoul_Korea
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Wow, cool towers, but are they still on hold? O.o
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Old November 30th, 2013, 04:12 PM   #382
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Any updates?
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Old December 1st, 2013, 10:48 AM   #383
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Quote:
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Any updates?
According to the news last week, the project is still on hold because of a lawsuit.

Here's the link below(in case you can speak korean. the revision, final trial, is ongoing now)

http://news.sportsseoul.com/read/economy/1275094.htm
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Old December 1st, 2013, 11:43 AM   #384
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Quote:
Originally Posted by antares031 View Post
According to the news last week, the project is still on hold because of a lawsuit.

Here's the link below(in case you can speak korean. the revision, final trial, is ongoing now)

http://news.sportsseoul.com/read/economy/1275094.htm
Thanks a lot
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Old December 3rd, 2013, 08:04 AM   #385
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Yeah, in agreement with Antares, funding hasn't occurred yet, once the dust from the lawsuit settles....
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Old December 4th, 2013, 12:29 AM   #386
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Yeah, in agreement with Antares, funding hasn't occurred yet, once the dust from the lawsuit settles....
You are very professional knowledge about Parc1.
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Old December 4th, 2013, 01:12 AM   #387
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Yeah, in agreement with Antares, funding hasn't occurred yet, once the dust from the lawsuit settles....
So, you are saying this will soon go ahead? When they reach a settlement.
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Old December 4th, 2013, 07:39 AM   #388
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Someone has to pay to restart construction. I'm hoping right after the lawsuit settles, then they can sit down to talk financing the restart of the project .
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Old December 4th, 2013, 08:36 PM   #389
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Someone has to pay to restart construction. I'm hoping right after the lawsuit settles, then they can sit down to talk financing the restart of the project .
Probably TONGILGYO must pay huge money for damage compensation for delayed Parc1 construction.
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Old December 4th, 2013, 08:37 PM   #390
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At the moment TOGLILGUY want to build "WORLD TONGILGYU SANTURARY BUILDING" instead of Parc1.

So they didn't give up legal battle.
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Old December 4th, 2013, 08:57 PM   #391
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Quote:
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You are very professional knowledge about Parc1.
All I know will seem like merely words on a computer...However this forum would be nothing without your awesome picture updates!
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Old December 4th, 2013, 09:00 PM   #392
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Quote:
Originally Posted by inno4321 View Post
At the moment TOGLILGUY want to build "WORLD TONGILGYU SANTURARY BUILDING" instead of Parc1.

So they didn't give up legal battle.
Well they cant after the final decision is made by the court.
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Old December 12th, 2013, 09:50 AM   #393
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So a 2014 restart date would be realistic?
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Old January 10th, 2014, 08:07 AM   #394
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I filmed some activity on the site on January 7th while I was in Seoul.

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Old January 10th, 2014, 06:27 PM   #395
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The best video on Youtube! This is probably going to start soon!
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Old January 10th, 2014, 08:18 PM   #396
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awesome! i hope they really continue building the towers asap!
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Old January 10th, 2014, 08:26 PM   #397
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Quote:
Originally Posted by melrocks50 View Post
I filmed some activity on the site on January 7th while I was in Seoul.

Thanks video good

Quote:
Originally Posted by Munwon View Post
The best video on Youtube! This is probably going to start soon!
Quote:
Originally Posted by humptydumpty7 View Post
awesome! i hope they really continue building the towers asap!

Accordding to the report it is for refresh construction due to prevent rust
earth anchor

Y22 said "anchor's life time finished..So it would bring big accident ... so without choice ...we have to prevent accident. Now underground concrete pumping...

http://www.edaily.co.kr/news/NewsRea...03&OutLnkChk=Y

Legal battle still ongoing.....not yet finished. If they resume construction without court permission, then they pay huge money to tongilgyou.
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Old January 10th, 2014, 08:32 PM   #398
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So a 2014 restart date would be realistic?
I don't know because TONGILGYO head CEO and family have strong ambition for to built TONGILGYO MECCA in PARC1 SITE.
But many expert expect parc1 resume and first and second court decision win Y22(parc1)...tongilgyo defeated.
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Old January 11th, 2014, 01:39 PM   #399
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I don't know because TONGILGYO head CEO and family have strong ambition for to built TONGILGYO MECCA in PARC1 SITE.
But many expert expect parc1 resume and first and second court decision win Y22(parc1)...tongilgyo defeated.
What exactly is the TONGILGYO Mecca? What do they want to build there?
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Old January 11th, 2014, 04:55 PM   #400
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A giant church, most likely. Tongil is one of South Korea's many unique and slightly strange new (i.e. mid-20th century) Christian religious movements.

Yeouido would be a weird place for them to build a giant church, though, and it seems like if they were looking for a property in which to house all their business affairs, the Parc 1 project would do just fine. Asking for compensation for their land beyond what they've already been paid just seems kind of greedy to me.
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