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INCHEON FREE ECONOMIC ZONE
Songdo International Business District (IBD)
Dr. Soleiman Dias, Ph.D
18 de dezembro de 2013
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
MIRACLE ON THE HAN RIVER

1954 – Aftermath of the Korean War

1960’s – Rising from the Ruins

1970~80’s – Economic Revolution

1990~Present – An Economic Powerhouse

.....But, Korea found itself with new set of challenges which it would swiftly
set about to conquer.
REGIONAL ECONOMIC PRESSURE
YELLOW SEA ECONOMIC BASIN
Shenyang
Shenyang
Benxi

Dynamics:
Benxi

Sinuiju
Sinuiju
Beijing

Beijing

Tangshan
Tangshan
Dalian

Tianjin

Jinan

Dalian
Pyeongyang
Pyeongyang

Tianjin

Jibo

Jibo Weifang
Weifang
Jinan

Tai’an

NORTH KOREA
NORTH KOREA
(GDP:$40 BIL)
(GDP:USD $40 bil)

Incheon
Incheon

Qingdao
Tai’an

Seoul
Seoul

SOUTH KOREA
(GDP:USD $930 bil)
SOUTH KOREA
(GDP:$930 BIL)

Daegu
Daegu
Busan
Busan

The Yellow Sea Sea
The Yellow

• A new Northeast Asian
economic integration
corresponding to the EU
and North America

1-5 MILLION

Nanjing Nanjing

CHINA
CHINA
(GDP: $4.33$4.33 tril)
(GDP: USD TRL)

Prospects:

POPULATIO
N

Xuzhou
Xuzhou

Wuxi

• A huge market with
abundant human and
material resources

Wuxi

Shanghai
Shanghai
Hangzhou
Hangzhou
Shaoxing
Shaoxing
NingboNingbo

Wenzhou
Wenzhou

Fuzhu Fuzhou

5-10 MILLION
JAPAN
KYUSHU AREA
(GDP: $370 BIL)
KYUSHU AREA
(GDP:USD $370 bil)

5-15 MILLION

YELLOW SEA BASIN
CHINA

NORTH KOREA
SOUTH KOREA
KYUSHU AREA
LIMITED LAND RESOURCES
Incheon Free Economic Zone
Cheongna
Yeongjong

Songdo IBD

Songdo

IFEZ
Zones

Songdo

Yeongjong

Cheongna

Developme
nt Period

1994-2020

2002-2020

2003-2010

Area

53.4 km²

138.3 km²

17.8 km²

Expected
Population

300,000

500,000

90,000

Major
Industries

International
Business Complex
Knowledge-based
Industry
Business, Leisure
Complex

Yeongjong Sky
City
Yongyu-Muui
Tourist Complex
Unbuk Leisure
Complex

International
Finance
Sports & Leisur
e Complex

Incheon Lippo
WTC Cheongna
Developers NSIC (Songdo IBD)
Development
Songdo, Yeongjong, and Cheongna are the three districtsConsortium up the
that make
Incheon Free Economic Zone (IFEZ). Songdo IBD is the central business district
of greater Songdo, located in the center of the IFEZ.
SOLUTIONS / FORESIGHT: Incheon International Airport
SOLUTIONS / FORESIGHT: Infrastructure
Korea Train Express (19922004)

Gaehwa Tunnel (2000)

IncheonAirport Train (20012009)

Yeongjong Grand Bridge
(1995~2000)
SOLUTIONS / FORESIGHT: Land Reclamation
A parcel of land
that the city of
Incheon had
been reclaiming
from the Yellow
Sea since 1992
gains viability as
the location for a
new hub city. This land, adjacent to the new airport,
will become Songdo International Business
District
Songdo -2001

Sector 9

Sector 8

Songdo IBD – 5.7 km2
Sector 1

Sector 6

Sector 2

Sector 3

Sector 7

Sector 4
Sector 8
Sector 11

Sector 10
SONGDO IBD LAND - 2003

600 Hectares/
1,500 Acres

In 2003, approx. 2,250 acres was reclaimed in greater Songdo
SONGDO IBD LAND - 2005

Convention Center and
First World Under Break Ground
Songdo - 2007

Chadwick
International School

Harbor View
Residential

Central Park I & II
Residential

POSCO
E&C H.Q.

Central
Park

NEATT
Songdo - 2008

North Canal Housing & Retail

CENTROAD

Jack Nicklaus Golf
Club Korea
Songdo - 2009

Incheon Bridge Opens

Harbor View II
Residential

Green Avenue
Residential
Sheraton Hotel
Opens

Performing Arts
Center

Subway Opens
(to Incheon& Seoul)

18/18
Songdo - 2010

Chadwick International School
Opens

POSCO E&C HQ Complete
(1,500 employees to Songdo)

Jack Nicklaus Golf Club Korea
Opens

Incheon University Opens
Songdo - 2011

Green Walk Residential

IBS Completed
CENTROAD Completed
Songdo IBD in 2012
20,000 residents
25,000 workers

$12 billion invested
4 million SM completed or under
construction (40% of total GFA)
LEED-ND pilot program; LEED
certification for individual
buildings
Open and operating
Korea-U.S. Free Trade
Agreement ratified by US
Congress and Korean National
Government
Songdo - 2012
Songdo IBD - 2013
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
SONGDO IBD MASTER PLAN
Estimated Population: 61,500 people/ 22,660 units Estimated Employees : 264,000 people
MASTER PLAN
2001 – 2016 ($35 B, 10 M Sq.M. Development)

• Master Plan
Office:

4 M Sq. Meters

Residential:

3.5M Sq. Meters
(22,000 units)

Retail:

1 M Sq. Meters

Hotel:

.5 M Sq. Meters

Civic Space:

1 M Sq. Meters

• LEED-ND pilot program
• U-Life: Ubiquitous technology
platform
SONGDO & SONGDO IBD LAND (1,500 acres)

Section
9

5.7 ㎢

Section
8

Section
6

Section
1
Section
2

Section
Section
3
7
Section
4
Section
Section
5
11
Section
10
Songdo International Business District
 Songdo IBD started as the Korean government‟s vision for 21st century, Hub of Northeast Asia.
Business area of 53.3 km2 (approximately 6.5-times the size of Yeouido)
Designation
International
Business District

Land Area
(km2)
5.77

Status
• NEATT
• Central Park
•Lotte Mall/E-LAND
• POSCO E&C / CISCO
• Chadwick
•KyoboIBM IDT
•Korea Institute of Industrial
Technology

Knowledge and
Information
Industrial
Complex

2.04

Town Complex

1.29

•Poonglim, I PARK APT
Government Offices, Schools, etc.

Bio-Complex

1.31

•Celltrion
•CJ Integration Lab

InternationalCom
plex

1.42

•Yonsei University
•Global Academy Park

High-tech
industrial
Cluster

14.65

Landmark City

5.83

•Samsung Bio/Dong-A
Pharmaceutical
•Global Campus
•Hankuk University of Foreign
Studies, Inha University, etc.
•Landfill under construction
(Second half of 2012)
•Not started

New Port
Logistics
Complex

12.54

•Landfill under
construction(~2014)

A-am
Logistics

3.89

•Landfill under
construction(~2014)

9

International Passenger
Terminal

Landfill Zones

8
1

6

A-am
Logistics

3

2
4
5

10

Landmark City

International
Business District
(Sondo IBD)

Town Complex

International
Knowledge and complex

information
Industrial Complex
Bio Complex
New Port
Logistics
Complex

High-tech industrial
Cluster

7
11
Songdo’s Educational Facilities & Network
Public schools (12)
Elementary Schools (6)
• Shinjung
• Haesong
• Myungsun
• Shinsong
• Meonwoogeum

Middle Schools (3)
• Shingjung
• Haesong
• Shinsong
High Schools (3)
• Haesong

Songdo Global
Campus
• State Univ. of New York
('12)
• George Mason Univ. ('13)
• Kent University ('13)
• MOUs ('14 ~ '15)
Univ. of Utah
Univ. of Illinois
St Petersburg Univ.
Moscow State Univ.
Univ. of Missouri

• Shinsong
*Total of 43 elementary,
middle, and high
schools planned

Domestic Universities
• Yonsei University ('11)
• Univof Incheon ('09)

International / private /
special purpose schools
• Chadwick International
School
• POSCO Science High
School
• Arts and Sciences
Academy

• Catholic Univ. ('09)
• InhaUniv. („14)
• Korea Univ. of Foreign
Studies ('16)
• Jaeneung Univ. ('14)
Quality of Life Facilities – Parks / Culture / Sporting Venues
International Hospital

Central Park

Sheraton (319)

Park(300)

Bridge
(214)

E4 (planned)

Arts Center

Water Front

Tribowl

NEATT(construction)

Moon Light Park

Morning Park

Sunrise Park

Meechuhol
Park

 Green space in Songdo:32% of total area
• Higher percentage than other new cities
 A total of 830 hotel rooms operating, including Sheraton, Best Western hotels
• NEATT, E4 Hotel development in progress

 More leisure amenities to be provided by Incheon’s Waterfront Development Plan
• Provide high Quality of Life with waterfront parks, yachts and boats operation, Incheon Art Center

JNGCK
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
Incheon Grand Bridge (21km Songdo IBD to ICN)
GREATER SONGDO INFRASTRUCTURE
 Songdo IBD is surrounded by well-developed

efficient transportation systems and infrastructure.
Central and Incheon governments have spent over
US$10 Billion to date for the Greater Songdo area
infrastructure including the airport, bridge,
reclamation works, subways, roads, and utilities
 Significant infrastructure investments include a

7.6 mile (US$1.4 Billion) Incheon Bridge,
completed in 2009, connecting Songdo IBD to
Incheon International Airport
 Incheon Subway Line 1 will link major business

and residential areas of the Seoul Metropolitan
areas such as Yeouido, Jongro, and Gangnam
 Major highways including Young-dong

Expressway and 3rd Kyungin Expressway will
also provide convenient access to Songdo IBD
and other major highways
 Construction of 163.7mile 2nd Outer Beltway is

expected to complete in 2020, connecting
Songdo IBD with the Greater Seoul Area, which
includes Paju, Yangpyeong, and Dongtan
 Construction of Great Train Express (GTX) is

expected to commence in 2013, with target
completion year in 2016 – upon completion, GTX
will provide direct connectivity (25 minutes) from
Seoul Cheongryang-ri to Songdo
SongdoIBD: International and Domestic Hub

GTX (Great Train Express) Est. Completion 2018~2020
Songdo to Seoul: 25 Minutes by express train

 Within 3.5 hours flight reach 1/3 of
world’s population
 Within 2 hours flight reach most major
cities in the heart of Northeast Asia






20 minutes by car to Incheon Airport
60 minutes by car to Seoul
45 minutes by bus & car to Gangnam
By 2018 ~ 2020, 25 minutes by GTX
express train to Seoul
Songdo IBD’s Access to Greater Road Network

Bupyeong
PUBLIC TRANSPORTATION

..
. .
.
BUS STOP
SUBWAY STOP

BIKE PATH
CANAL STOP
STREETSCAPE
CONVESIA CONVENTION CENTER
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
CITY OF SYNERGY
• Location, Location,
Location” – we are
creating the location
• Government develops
the infrastructure
• Developer creates
quality of life
• Proper location and
design create real
value
• Sustainable design
becomes the tipping
point

Residential
Culture
Commerce
Entertainment

Quality of
Life
Education
Retail
PUBLIC – PRIVATE PARTNERSHIP PLAYERS

Korean Central
Government
Local
Government
Developer

Incheon City/IFEZA

NSIC - Gale
Intl. and Posco
E&C

Consultants
Financial
Investors

A/E & Other
Service Providers

Debt & Equity

Users & Occupiers
Commercial & Residential
SONGDO IBD: A better quality of life

Master Planned Community
“City of Synergy”

Songdo v. other Asian cities

Multimodal Transportation
“10 minute walk to work”

Environmental Conditions
“Living Clean and Green”
SONGDO IBD: A better cost of living

Residential Units
Higher quality at significantly
lower costs

Commercial Office Space
Higher quality, lower cost,
better access to open space

Access to Open Space
40% of Songdo IBD dedicated to gree
n open space
SONGDO IBD: A Better Lifestyle
EDUCATION
 Chadwick International School (K-12)
 6 Public Schools opened
 Domestic and Foreign Universities
Yonsei University
SUNY Stonybrook (2012)
George Mason University
Incheon University

QUALITY OF LIFE
 International Hospital
(Daiwa/Samsung)
 Incheon Arts Center (2014)
 ConvensiA Convention Center
 Tri-Bowl Exhibition Hall
 Compact City Facilities

ENTERTAINMENT &
LEISURE
 5-star Sheraton Hotel: opened in
2009
 Lotte Shopping Town (2015)
 E-Land Shopping Complex (2014)
 Canal Walk Shops: opened in 2009
 Jack Nicklaus Golf Club: opened in
2010
Water Consumption & Re-use
•

Central park canal uses seawater instead
of fresh water, saving thousands of liters of
potable water per day

•

Potable water use will target a 90%
reduction versus international baseline (reuse of treated greywater from a city-wide
central system).

•

Potable water consumption in plumbing
fixtures will target a 20-40% reduction
based on the use type of the project.

•

Storm water runoff will be reused

•

Vegetated green roofs will reduce storm
water runoff, and mitigate the urban heat
island effect
BLACKWATER COLLECTION NETWORK

COLLECTOR
WATER TREATMENT PLANT

COLLECTING WASTE
CLEAN EFFLUENT FORIRRIGATION
SANITARY WASTE
GREY WATER SOURCES

FLUSHING
FILTERS

CHEMICAL
TREATMENT

UV
STERILIZER

NON-PORTABLE
USERS
IRRIGATION
DISTRICT HOT WATER DISTRIBUTION

POWER PLANT

DISTRICT HOT WATER—

HOT
WATER

USED IN BUILDINGS FOR SPACE
HEATING, COOLING (ABSORPTION
CHILLERS) & DOMESTIC HW
HEATING

BUILDINGS

ELECTRICITY
AUTOMATED WASTE MANAGEMENT

CENTRAL
COLLECTION
STATION
Open & Green Space (40%)
Sustainable City Operations
•

Integration of Cisco‟s intelligent IP-based
network platform to address energy, water
and gas management

•

Cisco technologies will help to increase
energy efficiency throughout the city by
30%

•

Sustainable procurement goals and
recycling guidelines will be integrated into
the operation structure of the city through
the facilities management digital interface

•

Facilities management and maintenance
contracts will mandate environmentally
friendly products
Today the vision is being realized….
Songdo – City of International Organizations
Central Government announced Songdo as a destination for “Int’l Organizations”
▶ I-Tower

International Organization
relocatingto Songdo(12)

Foundationdate

UN APCICT (UN Asian Pacific TrainingCentrefor Informationand
CommunicationTechnologyfor Development)

June,2006

UN ESCAP (UNEconomic & Social Commission for Asia and Pacific)

May,2010

NEASPEC(North-EastAsian SubregionalProgrammefor Environmental
Cooperation)

May,2010

UNISDR(UN Officefor Disaster Risk Reduction)

Aug, 2009

UN DepositaryLibrary

June,2009

EAAFP (East Asian -AustralasianFlyways Partnership)

July,2009

AFOB (AirForce OperationBase)

April,2010

UN OSD (UN Officefor SustainableDevelopment)

Oct,2011

UN CITRAL (UNCommission on InternationalTrade Law)

Dec, 2011

Recent Status of International Organization
GCF
(GreenClimate Fund)
-relocation decided • $100 billion/yearfund(from 2020)
• Large scale fundsimilar to IMF
• RelocationscheduledOctober, 2013

GGGI
(GlobalGreen Growth Institute)
-relocate expected • Developmentfundfor Green
Growthand climate change
• Relocationto Songdo(expected)

A-WEB
(Associationof World Election Bodies)
-relocationdecided • InternationalElection Organizationof 150
countries.
• A-WEB relocationto Songdoconfirmed
• I-Tower move-in scheduled

World Bank
-relocationexpected • WorldBank Korea
• Operate the international
organizationand GCF fund
• Expectingrelocationto Songdo
2018-2020
•GTX Opened

2014~15
2012
2009
2005
Groundbreaking

• Samsung Bio operational
• Songdo Global Campus
Opened (SUNY)
• IBD Infrastructure completed
• GCF Secretariat Selects
(09)
Songdo for Headquarters
• Incheon Subway opened (08)
• 3rdGyeongin Expressway opened (UN’s Convention on Climate
Change)
(10)
• JNGCK Opened (10)

Songdo: Rising Momentum in 2014~’15

• Incheon Host Asian Games
• LOTTE MALL 1st Phase completed
• E LAND MXD in construction
• Hyundai Dept. Store in construction
• NEATT Completed
• 2nd Seoul Beltway Opened
LEED™ Certified Projects:

Sheraton Incheon Hotel

NEATT*

ConvensiA Convention Center

*NEATT targeting LEED Silver certification

LEED™ Certified Expected in 2012:

Chadwick Int‟l School

CHADWICK INTERNATIONAL SCHOOL
The # Central Park I

JNGCK Clubhouse

Xi Harborview

The# Harborview
I.

BACKGROUND & HISTORY OF SONGDO IBD

II.

SONGDO MASTER PLAN

III.

INFRASTRUCTURE

IV.

SUSTAINABILITY INITIATIVES

V.

CURRENT STATUS
ConvensiA Convention Center
First World Residential
CENTRAL PARK II AND FIRST WORLD RESIDENTIAL
CENTRAL PARK & CANAL
Active Lifestyle

Central Park Water Taxi
Over 25 kilometers of bike paths

Car Free Community

Clean Air
Canal Walk – Retail Shopping
Canal Walk – Retail Shopping
CANAL WALK FLEE MARKET
CANAL WALK FLEE MARKET
Jack Nicklaus Golf Club Korea (16th Hole)

72
Education: Songdo Global Campus
 March 2012: State University of New York (SUNY)
launches graduate program
 2013 (planned): SUNY undergraduate programs,
Fashion Institute of Technology (FIT), George Mason
University / Ghent Univ. (Belgium)
 MOUs signed with Univ. of Utah, the University of
Illinois, University of Missouri, St Petersburg, Moscow
State University,
CHADWICK INTERNATIONAL SCHOOL
CHADWICK INTERNATIONAL SCHOOL
POSCO E&C HEAQUARTERS
City-Scale Development Global Partners
Master Planning
Design
Engineering
Technology
Sustainability
Construction
Brokerage /
Research
City Building Steps/Process
•Resource Discovery
•Outcome Prioritization

Visioning

Evaluation

•Needs assessment
•Market analysis
•Financial viability analysis
•Infrastructure analysis
•ICT network analysis
• Master Plan Creation
• Initial Phasing Plan

Planning
Design

• Create Control Plan
• Create Detailed Cityscape Plan
• Create Design & Sustainability Guidelines

Development

Operations

• Development Management
• Marketing & Public Relations
• Permitting & Approvals
• Investment Advisory/Capital Attraction
• Oversight Maintenance of Development Plan
• Investment Management
• Sales and Leasing Management
• Marketing and Public Relations
OBRIGADO
감사합니다

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Songdo, City of the Future

  • 1. INCHEON FREE ECONOMIC ZONE Songdo International Business District (IBD) Dr. Soleiman Dias, Ph.D 18 de dezembro de 2013
  • 2. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 3. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 4. MIRACLE ON THE HAN RIVER 1954 – Aftermath of the Korean War 1960’s – Rising from the Ruins 1970~80’s – Economic Revolution 1990~Present – An Economic Powerhouse .....But, Korea found itself with new set of challenges which it would swiftly set about to conquer.
  • 6. YELLOW SEA ECONOMIC BASIN Shenyang Shenyang Benxi Dynamics: Benxi Sinuiju Sinuiju Beijing Beijing Tangshan Tangshan Dalian Tianjin Jinan Dalian Pyeongyang Pyeongyang Tianjin Jibo Jibo Weifang Weifang Jinan Tai’an NORTH KOREA NORTH KOREA (GDP:$40 BIL) (GDP:USD $40 bil) Incheon Incheon Qingdao Tai’an Seoul Seoul SOUTH KOREA (GDP:USD $930 bil) SOUTH KOREA (GDP:$930 BIL) Daegu Daegu Busan Busan The Yellow Sea Sea The Yellow • A new Northeast Asian economic integration corresponding to the EU and North America 1-5 MILLION Nanjing Nanjing CHINA CHINA (GDP: $4.33$4.33 tril) (GDP: USD TRL) Prospects: POPULATIO N Xuzhou Xuzhou Wuxi • A huge market with abundant human and material resources Wuxi Shanghai Shanghai Hangzhou Hangzhou Shaoxing Shaoxing NingboNingbo Wenzhou Wenzhou Fuzhu Fuzhou 5-10 MILLION JAPAN KYUSHU AREA (GDP: $370 BIL) KYUSHU AREA (GDP:USD $370 bil) 5-15 MILLION YELLOW SEA BASIN CHINA NORTH KOREA SOUTH KOREA KYUSHU AREA
  • 8. Incheon Free Economic Zone Cheongna Yeongjong Songdo IBD Songdo IFEZ Zones Songdo Yeongjong Cheongna Developme nt Period 1994-2020 2002-2020 2003-2010 Area 53.4 km² 138.3 km² 17.8 km² Expected Population 300,000 500,000 90,000 Major Industries International Business Complex Knowledge-based Industry Business, Leisure Complex Yeongjong Sky City Yongyu-Muui Tourist Complex Unbuk Leisure Complex International Finance Sports & Leisur e Complex Incheon Lippo WTC Cheongna Developers NSIC (Songdo IBD) Development Songdo, Yeongjong, and Cheongna are the three districtsConsortium up the that make Incheon Free Economic Zone (IFEZ). Songdo IBD is the central business district of greater Songdo, located in the center of the IFEZ.
  • 9. SOLUTIONS / FORESIGHT: Incheon International Airport
  • 10. SOLUTIONS / FORESIGHT: Infrastructure Korea Train Express (19922004) Gaehwa Tunnel (2000) IncheonAirport Train (20012009) Yeongjong Grand Bridge (1995~2000)
  • 11. SOLUTIONS / FORESIGHT: Land Reclamation A parcel of land that the city of Incheon had been reclaiming from the Yellow Sea since 1992 gains viability as the location for a new hub city. This land, adjacent to the new airport, will become Songdo International Business District
  • 12.
  • 13. Songdo -2001 Sector 9 Sector 8 Songdo IBD – 5.7 km2 Sector 1 Sector 6 Sector 2 Sector 3 Sector 7 Sector 4 Sector 8 Sector 11 Sector 10
  • 14. SONGDO IBD LAND - 2003 600 Hectares/ 1,500 Acres In 2003, approx. 2,250 acres was reclaimed in greater Songdo
  • 15. SONGDO IBD LAND - 2005 Convention Center and First World Under Break Ground
  • 16. Songdo - 2007 Chadwick International School Harbor View Residential Central Park I & II Residential POSCO E&C H.Q. Central Park NEATT
  • 17. Songdo - 2008 North Canal Housing & Retail CENTROAD Jack Nicklaus Golf Club Korea
  • 18. Songdo - 2009 Incheon Bridge Opens Harbor View II Residential Green Avenue Residential Sheraton Hotel Opens Performing Arts Center Subway Opens (to Incheon& Seoul) 18/18
  • 19. Songdo - 2010 Chadwick International School Opens POSCO E&C HQ Complete (1,500 employees to Songdo) Jack Nicklaus Golf Club Korea Opens Incheon University Opens
  • 20. Songdo - 2011 Green Walk Residential IBS Completed CENTROAD Completed
  • 21. Songdo IBD in 2012 20,000 residents 25,000 workers $12 billion invested 4 million SM completed or under construction (40% of total GFA) LEED-ND pilot program; LEED certification for individual buildings Open and operating Korea-U.S. Free Trade Agreement ratified by US Congress and Korean National Government
  • 23. Songdo IBD - 2013
  • 24. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 25.
  • 26. SONGDO IBD MASTER PLAN Estimated Population: 61,500 people/ 22,660 units Estimated Employees : 264,000 people
  • 27. MASTER PLAN 2001 – 2016 ($35 B, 10 M Sq.M. Development) • Master Plan Office: 4 M Sq. Meters Residential: 3.5M Sq. Meters (22,000 units) Retail: 1 M Sq. Meters Hotel: .5 M Sq. Meters Civic Space: 1 M Sq. Meters • LEED-ND pilot program • U-Life: Ubiquitous technology platform
  • 28. SONGDO & SONGDO IBD LAND (1,500 acres) Section 9 5.7 ㎢ Section 8 Section 6 Section 1 Section 2 Section Section 3 7 Section 4 Section Section 5 11 Section 10
  • 29.
  • 30.
  • 31.
  • 32. Songdo International Business District  Songdo IBD started as the Korean government‟s vision for 21st century, Hub of Northeast Asia. Business area of 53.3 km2 (approximately 6.5-times the size of Yeouido) Designation International Business District Land Area (km2) 5.77 Status • NEATT • Central Park •Lotte Mall/E-LAND • POSCO E&C / CISCO • Chadwick •KyoboIBM IDT •Korea Institute of Industrial Technology Knowledge and Information Industrial Complex 2.04 Town Complex 1.29 •Poonglim, I PARK APT Government Offices, Schools, etc. Bio-Complex 1.31 •Celltrion •CJ Integration Lab InternationalCom plex 1.42 •Yonsei University •Global Academy Park High-tech industrial Cluster 14.65 Landmark City 5.83 •Samsung Bio/Dong-A Pharmaceutical •Global Campus •Hankuk University of Foreign Studies, Inha University, etc. •Landfill under construction (Second half of 2012) •Not started New Port Logistics Complex 12.54 •Landfill under construction(~2014) A-am Logistics 3.89 •Landfill under construction(~2014) 9 International Passenger Terminal Landfill Zones 8 1 6 A-am Logistics 3 2 4 5 10 Landmark City International Business District (Sondo IBD) Town Complex International Knowledge and complex information Industrial Complex Bio Complex New Port Logistics Complex High-tech industrial Cluster 7 11
  • 33. Songdo’s Educational Facilities & Network Public schools (12) Elementary Schools (6) • Shinjung • Haesong • Myungsun • Shinsong • Meonwoogeum Middle Schools (3) • Shingjung • Haesong • Shinsong High Schools (3) • Haesong Songdo Global Campus • State Univ. of New York ('12) • George Mason Univ. ('13) • Kent University ('13) • MOUs ('14 ~ '15) Univ. of Utah Univ. of Illinois St Petersburg Univ. Moscow State Univ. Univ. of Missouri • Shinsong *Total of 43 elementary, middle, and high schools planned Domestic Universities • Yonsei University ('11) • Univof Incheon ('09) International / private / special purpose schools • Chadwick International School • POSCO Science High School • Arts and Sciences Academy • Catholic Univ. ('09) • InhaUniv. („14) • Korea Univ. of Foreign Studies ('16) • Jaeneung Univ. ('14)
  • 34. Quality of Life Facilities – Parks / Culture / Sporting Venues International Hospital Central Park Sheraton (319) Park(300) Bridge (214) E4 (planned) Arts Center Water Front Tribowl NEATT(construction) Moon Light Park Morning Park Sunrise Park Meechuhol Park  Green space in Songdo:32% of total area • Higher percentage than other new cities  A total of 830 hotel rooms operating, including Sheraton, Best Western hotels • NEATT, E4 Hotel development in progress  More leisure amenities to be provided by Incheon’s Waterfront Development Plan • Provide high Quality of Life with waterfront parks, yachts and boats operation, Incheon Art Center JNGCK
  • 35. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 36.
  • 37. Incheon Grand Bridge (21km Songdo IBD to ICN)
  • 38.
  • 39.
  • 40. GREATER SONGDO INFRASTRUCTURE  Songdo IBD is surrounded by well-developed efficient transportation systems and infrastructure. Central and Incheon governments have spent over US$10 Billion to date for the Greater Songdo area infrastructure including the airport, bridge, reclamation works, subways, roads, and utilities  Significant infrastructure investments include a 7.6 mile (US$1.4 Billion) Incheon Bridge, completed in 2009, connecting Songdo IBD to Incheon International Airport  Incheon Subway Line 1 will link major business and residential areas of the Seoul Metropolitan areas such as Yeouido, Jongro, and Gangnam  Major highways including Young-dong Expressway and 3rd Kyungin Expressway will also provide convenient access to Songdo IBD and other major highways  Construction of 163.7mile 2nd Outer Beltway is expected to complete in 2020, connecting Songdo IBD with the Greater Seoul Area, which includes Paju, Yangpyeong, and Dongtan  Construction of Great Train Express (GTX) is expected to commence in 2013, with target completion year in 2016 – upon completion, GTX will provide direct connectivity (25 minutes) from Seoul Cheongryang-ri to Songdo
  • 41. SongdoIBD: International and Domestic Hub GTX (Great Train Express) Est. Completion 2018~2020 Songdo to Seoul: 25 Minutes by express train  Within 3.5 hours flight reach 1/3 of world’s population  Within 2 hours flight reach most major cities in the heart of Northeast Asia     20 minutes by car to Incheon Airport 60 minutes by car to Seoul 45 minutes by bus & car to Gangnam By 2018 ~ 2020, 25 minutes by GTX express train to Seoul
  • 42. Songdo IBD’s Access to Greater Road Network Bupyeong
  • 43. PUBLIC TRANSPORTATION .. . . . BUS STOP SUBWAY STOP BIKE PATH CANAL STOP STREETSCAPE
  • 45. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 46. CITY OF SYNERGY • Location, Location, Location” – we are creating the location • Government develops the infrastructure • Developer creates quality of life • Proper location and design create real value • Sustainable design becomes the tipping point Residential Culture Commerce Entertainment Quality of Life Education Retail
  • 47. PUBLIC – PRIVATE PARTNERSHIP PLAYERS Korean Central Government Local Government Developer Incheon City/IFEZA NSIC - Gale Intl. and Posco E&C Consultants Financial Investors A/E & Other Service Providers Debt & Equity Users & Occupiers Commercial & Residential
  • 48. SONGDO IBD: A better quality of life Master Planned Community “City of Synergy” Songdo v. other Asian cities Multimodal Transportation “10 minute walk to work” Environmental Conditions “Living Clean and Green”
  • 49. SONGDO IBD: A better cost of living Residential Units Higher quality at significantly lower costs Commercial Office Space Higher quality, lower cost, better access to open space Access to Open Space 40% of Songdo IBD dedicated to gree n open space
  • 50. SONGDO IBD: A Better Lifestyle EDUCATION  Chadwick International School (K-12)  6 Public Schools opened  Domestic and Foreign Universities Yonsei University SUNY Stonybrook (2012) George Mason University Incheon University QUALITY OF LIFE  International Hospital (Daiwa/Samsung)  Incheon Arts Center (2014)  ConvensiA Convention Center  Tri-Bowl Exhibition Hall  Compact City Facilities ENTERTAINMENT & LEISURE  5-star Sheraton Hotel: opened in 2009  Lotte Shopping Town (2015)  E-Land Shopping Complex (2014)  Canal Walk Shops: opened in 2009  Jack Nicklaus Golf Club: opened in 2010
  • 51. Water Consumption & Re-use • Central park canal uses seawater instead of fresh water, saving thousands of liters of potable water per day • Potable water use will target a 90% reduction versus international baseline (reuse of treated greywater from a city-wide central system). • Potable water consumption in plumbing fixtures will target a 20-40% reduction based on the use type of the project. • Storm water runoff will be reused • Vegetated green roofs will reduce storm water runoff, and mitigate the urban heat island effect
  • 52. BLACKWATER COLLECTION NETWORK COLLECTOR WATER TREATMENT PLANT COLLECTING WASTE CLEAN EFFLUENT FORIRRIGATION SANITARY WASTE
  • 54. DISTRICT HOT WATER DISTRIBUTION POWER PLANT DISTRICT HOT WATER— HOT WATER USED IN BUILDINGS FOR SPACE HEATING, COOLING (ABSORPTION CHILLERS) & DOMESTIC HW HEATING BUILDINGS ELECTRICITY
  • 56. Open & Green Space (40%)
  • 57. Sustainable City Operations • Integration of Cisco‟s intelligent IP-based network platform to address energy, water and gas management • Cisco technologies will help to increase energy efficiency throughout the city by 30% • Sustainable procurement goals and recycling guidelines will be integrated into the operation structure of the city through the facilities management digital interface • Facilities management and maintenance contracts will mandate environmentally friendly products
  • 58. Today the vision is being realized….
  • 59. Songdo – City of International Organizations Central Government announced Songdo as a destination for “Int’l Organizations” ▶ I-Tower International Organization relocatingto Songdo(12) Foundationdate UN APCICT (UN Asian Pacific TrainingCentrefor Informationand CommunicationTechnologyfor Development) June,2006 UN ESCAP (UNEconomic & Social Commission for Asia and Pacific) May,2010 NEASPEC(North-EastAsian SubregionalProgrammefor Environmental Cooperation) May,2010 UNISDR(UN Officefor Disaster Risk Reduction) Aug, 2009 UN DepositaryLibrary June,2009 EAAFP (East Asian -AustralasianFlyways Partnership) July,2009 AFOB (AirForce OperationBase) April,2010 UN OSD (UN Officefor SustainableDevelopment) Oct,2011 UN CITRAL (UNCommission on InternationalTrade Law) Dec, 2011 Recent Status of International Organization GCF (GreenClimate Fund) -relocation decided • $100 billion/yearfund(from 2020) • Large scale fundsimilar to IMF • RelocationscheduledOctober, 2013 GGGI (GlobalGreen Growth Institute) -relocate expected • Developmentfundfor Green Growthand climate change • Relocationto Songdo(expected) A-WEB (Associationof World Election Bodies) -relocationdecided • InternationalElection Organizationof 150 countries. • A-WEB relocationto Songdoconfirmed • I-Tower move-in scheduled World Bank -relocationexpected • WorldBank Korea • Operate the international organizationand GCF fund • Expectingrelocationto Songdo
  • 60. 2018-2020 •GTX Opened 2014~15 2012 2009 2005 Groundbreaking • Samsung Bio operational • Songdo Global Campus Opened (SUNY) • IBD Infrastructure completed • GCF Secretariat Selects (09) Songdo for Headquarters • Incheon Subway opened (08) • 3rdGyeongin Expressway opened (UN’s Convention on Climate Change) (10) • JNGCK Opened (10) Songdo: Rising Momentum in 2014~’15 • Incheon Host Asian Games • LOTTE MALL 1st Phase completed • E LAND MXD in construction • Hyundai Dept. Store in construction • NEATT Completed • 2nd Seoul Beltway Opened
  • 61. LEED™ Certified Projects: Sheraton Incheon Hotel NEATT* ConvensiA Convention Center *NEATT targeting LEED Silver certification LEED™ Certified Expected in 2012: Chadwick Int‟l School CHADWICK INTERNATIONAL SCHOOL The # Central Park I JNGCK Clubhouse Xi Harborview The# Harborview
  • 62. I. BACKGROUND & HISTORY OF SONGDO IBD II. SONGDO MASTER PLAN III. INFRASTRUCTURE IV. SUSTAINABILITY INITIATIVES V. CURRENT STATUS
  • 65. CENTRAL PARK II AND FIRST WORLD RESIDENTIAL
  • 66. CENTRAL PARK & CANAL
  • 67. Active Lifestyle Central Park Water Taxi Over 25 kilometers of bike paths Car Free Community Clean Air
  • 68. Canal Walk – Retail Shopping
  • 69. Canal Walk – Retail Shopping
  • 70. CANAL WALK FLEE MARKET
  • 71. CANAL WALK FLEE MARKET
  • 72. Jack Nicklaus Golf Club Korea (16th Hole) 72
  • 73. Education: Songdo Global Campus  March 2012: State University of New York (SUNY) launches graduate program  2013 (planned): SUNY undergraduate programs, Fashion Institute of Technology (FIT), George Mason University / Ghent Univ. (Belgium)  MOUs signed with Univ. of Utah, the University of Illinois, University of Missouri, St Petersburg, Moscow State University,
  • 77. City-Scale Development Global Partners Master Planning Design Engineering Technology Sustainability Construction Brokerage / Research
  • 78. City Building Steps/Process •Resource Discovery •Outcome Prioritization Visioning Evaluation •Needs assessment •Market analysis •Financial viability analysis •Infrastructure analysis •ICT network analysis • Master Plan Creation • Initial Phasing Plan Planning Design • Create Control Plan • Create Detailed Cityscape Plan • Create Design & Sustainability Guidelines Development Operations • Development Management • Marketing & Public Relations • Permitting & Approvals • Investment Advisory/Capital Attraction • Oversight Maintenance of Development Plan • Investment Management • Sales and Leasing Management • Marketing and Public Relations

Editor's Notes

  1. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."
  2. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."
  3. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."
  4. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."
  5. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."
  6. After Korea-U.S. FTA ratification, increased benefits to U.S.-based corporations, including increased transparency, greater protection of intellectual property rights, and greater access to international services..."