Parc1 Explained

Parc1
Native Name:파크원
Native Name Lang:ko
Status:Completed
Address:108, Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea
Coordinates:37.5261°N 126.9282°W
Groundbreaking Date:June 5, 2007
Start Date:February 15, 2008
Completion Date:July 13, 2020
Opened Date:July 31, 2020
Architectural:333m (1,093feet)
Roof:318m (1,043feet)
Floor Count:69
Architect:RSHP
Structural Engineer:Arup Group
Main Contractor:POSCO E&C
Public Transit: Yeouido

Parc1 is a complex of buildings in Yeouido, Seoul, South Korea.[1] It stands 333m (1,093feet) and contain 69 floors.[2] [3] Construction stopped in 2011 but resumed in early 2017.

History

Parc1 is a US$1.5-billion shopping/hotel/office complex realized by Skylan Properties Korea Ltd., a foreign-invested property development and management services group with offices in Seoul, Beijing and Kuala Lumpur. Morgan Stanley, a global investment bank, was engaged as the financial advisor to arrange financing for the project.

Parc1 was the current Tongil Parking Lot site, a 46,465 square metre plot set between financial and residential districts and bordering Yeouido Park.

Designed by architect Lord Richard Rogers,[4] chief architectural advisor to the mayor of London, the central structure will be a six-story glass mall, offering space for 400 stores.

Structures

Notable tenants

See also

Notes and References

  1. Web site: Richardrogers.co.uk.
  2. Web site: Parc1 Tower I - The Skyscraper Center. 2021-05-22. www.skyscrapercenter.com.
  3. Web site: Parc 1, Tower A, Seoul | 301129 . https://archive.today/20130409090844/http://www.emporis.com/application/?nav=building&id=301129&lng=3 . dead . 9 April 2013 . Emporis . 2022-05-02.
  4. News: . December 30, 2019 . Korea's top culture stories of 2019: A look back at why galbi-flavored fried chicken, Bong Joon-ho and, of course, BTS dominated the headlines this year . .
  5. News: Jo . He-rim . February 26, 2021 . [From the scene] Seoul’s newest, biggest department store offers new shopping experience ]. .
  6. News: Jun . Ji-hye . August 4, 2021 . Fairmont Ambassador Seoul wins five stars . .
  7. News: Chung . Seung-hwan . Chung . Ji-sung . Cho . Jeehyun . January 16, 2021 . NH Investment & Securities to buy new office building in Yeouido for $863 mn . .