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Europa
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Seocho Lotte Town proposed again for Seoul City and finally approved.
Location: Teheran-ro, Seocho-dong, Gangnam-gu
Height: 250.00m
Floors: 60fl
Use: Commercial Office

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So... it's only going to take 3 or 4 yrs to construct this thing? Oh and has anyone noticed that all the skyscrapers in Seoul are near thr Han River? Also one more thing, does anyone have pictures of the construction ?:lol:
 

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http://news.mt.co.kr/mtview.php?no=2015122110345538682&type=2&sec=estate&pDepth2=Etotal

This project is back on. Lotte Group has recently submitted a project to the city of Seoul to redevelop what was known as Seocho Lotte Town, and might be renamed. Project will be located on Seocho avenue (which is actually like Teheran Avenue but west of the Gangnam Station intersection), right next to Samsung Town.

The new project includes a 249-meter tower (47 floors), and a 108-meter hotel (22 floors).

Many steps before this project is approved and starts off, but it's nice to see it coming back to life.
 

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Seocho District has rezoned the Lotte Chilsung and Kolon Sporex lots (which combined are much larger than Samsung Town right next to it) as commercial / international business area, instead of residential.

This should pave the way for the development of a large scale project on this site. It will take some time before this move forward, but important development nonetheless.

As Inno4321 mentioned, the financing of this project will help finance the reconstruction underground of the Gyeongbu Expressway.

The Northern extension of the Shinbundang line that is now underway should also help the viability of such a large project.

http://news.heraldcorp.com/view.php?ud=20170601000426
http://www.mdtoday.co.kr/mdtoday/index.html?no=287018
 

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Seoul to raise height limit on Teheran Avenue to 250 meters

Seoul City has announced plans to modify its city code regarding the construction of tall buildings along major avenues.

There were a special statute of rules for tall buildings along 45 major avenues in Seoul which dictated the height of the buildings. Such regulations were defined in the early 2000s, but haven't been updated since.

The exact height depended on the surroundings of each avenue, but Seoul will raise the height limit by up to 20% for some of the avenues which meet certain criteria.

As a result, starting from May 2019, the height limit of Teheran Avenue will be raised to 250m, which may (as I understand) contribute to enabling the development of the Seocho Lotte Town project.

http://www.fnnews.com/news/201804291744428114
 

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Seoul and Seocho have agreed to raise the height limit of the potential Seocho Lotte Town to 250m (from 200m). This would lead to way to the redevelopment of the area which has been proposed in one way or another for almost 20 years.

Initially reported by Victoria123.


Seoul City will be in talks with Lotte to develop the plot beside Samsung Town - global HQ in Seocho.
The plot will permit office towers with heights up to 250m





Previously, Lotte proposed to build an office town here:
View attachment 209732

Back in 2017, an article showed that GT Tower West was still being pursued by Garak Construction, but that's the last time we've heard about it. I wonder if all the recent rezoning plans will prompt Garak to talk more about it:


View attachment 209783
 
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