Seoul unveils master plan to transform its southern district
into global convention district
The Seoul Metropolitan Government unveiled its final plan to turn the area around Jamsil Sports Complex in southern Seoul into a convention district with exhibition centers, hotels and other amenities by 2025.
Under the plan, the Seoul government will build a convention center that would be as large as the nation’s biggest Korea International Exhibition Center (Kintex) located on the north of Seoul with a total exhibition area of 108,483 square meters in a bid to bolster the city’s competitiveness in the international business meetings industry.
Once it is built, the business convention district including neighboring Coex Convention & Exhibition Center, Hyundai Motor Group’s Global Business Center and Seoul Trade Exhibition & Convention (SETEC) will stretch across 195,000 square meters in southern Seoul. The city of Seoul aims to create the world’s renowned exhibition brand like international trade fairs CeBIT of Hannover, Germany, and CES of Las Vegas, the United States.
Within Jamil Spots Complex, the main stadium will be remodeled to house amenities like shops and restaurants, museums, and hotels including a 1,500-room luxury hotel and a 250-room youth hostel. The baseball stadium will be relocated to northwestern part of the complex, and will be expanded to enclose 35,000 seats, the largest in the country. The city is even mulling to transform the ballpark as a domed stadium, but the decision will be made in the second half of this year after gathering public opinions from baseball league experts, fans and local residents. The indoor gymnasium and swimming pool will be housed together as an indoor sports complex, and the site nearing Han River will be converted into an area for cultural events and leisure activities.
The city of Seoul is planning to select private developer to start the construction in 2019 with a target completion date of 2025. (Pulse)
By Kim Gi-jung and Lim Young-sin
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]