Hyundai Motor to Build 110-Story Skyscraper in Seoul
The Hyundai-Kia Automotive Group has unveiled a blueprint for a 110-story skyscraper near the Seoul Forest, an environment-friendly park in Ttuksom. If the tower, which will house the Hyundai Automotive Group headquarters, is built, it will change the Seoul skyline.
An artist’s impression of a 110-story skyscraper the Hyundai Automotive Group plans to build on Ttuksom.
A Hyundai spokesman said Wednesday the company decided to erect the building, which is tentatively named the Seoul Forest Waterfront Tower, on the site of a plant by affiliate Sampyo Remicon covering some 30,000 sq.m in Seongsu-dong. The company is in discussions with the Seoul Metropolitan government and Seongdong-gu District Office about the plan. Besides a convention center, electronic and IT research and development centers, a hotel and office space, the building will also house a car museum and an “experience space for future cars.” About W1 trillion (US$1=W958) will be spent on construction. The company expects construction to create economic effects worth W2 trillion and 30,000 jobs.
The automobile theme park will be modeled on overseas car theme park like German carmaker Volkswagen’s Autostadt or "Motor City" next to its Wolfsburg plant and a showroom like Toyota’s MEGA WEB near Tokyo.