Songdo IBD/ConvensiA Convention Center Slide Show
1 / 6
123456

$35-billionSongdo

|

The $150-million phase one occupies about one-third of the34.4-acre convention center site in the 1,500-acre Songdo district,says John B. Hynes III, CEO of New York City-based GaleInternational. He tells GlobeSt.com that the most challenging partof the convention center project was to design a 1.3-million-sfexpandable building with a 300,000-sf first phase. "The otherphases won't start until this one generates enough juice to justifythe expansion," he stresses. But if it's as successful asprojected, he says the next phase could get under way in oneyear.

|

Designed by the internationally renowned firm, Kohn Pedersen FoxAssociates of New York City and London, ConvensiA is being toutedas one of the largest column-free exhibition spaces in the world.The structure has 8,390 m2 [90,309 sf] of column-free space, with agross floor area of 54,157 m2 [582,941 sf] on five levels. Fromground to roof, the building rises 34 meters, with four floorsabove ground and one below. The 108-meter by 90-meter exhibitionhall has a capacity for 450 booths. The design includes a 1,806 m2[19,439 sf] theater-style banquet hall with up to 2,000 seats; 23meeting rooms totaling 2,286 m2 [24,606 sf]; and an interpreter'sbooth where eight languages can be simultaneously translated.

|

ConvensiA's overseer is the Incheon Tourism Organization, whichhas booked 15 events for this year, including Music Korea 2008. The2009 calendar has 29 conventions and exhibitions, thus far,including Asia Pacific Cities Summit 2009. The tourism group hopesto lure more than 180 international conferences, business meetingsand seminars and 30 exhibitions each year to the venue.

|

"The completion of ConvensiA has special meaning in that it isthe first facility completed in Songdo IBD. I believe this facilitywill greatly contribute to attracting foreign direct investment andmultinational companies to Songdo," Han Soo-Yang, CEO of PoscoE&C, the lead contractor, says in a press release about theconstruction milestone.

|

Songdo IBD will open in August 2009, creating a gateway toNortheast Asia. It is the first new city in the world to come offthe drawing boards as an international business district. Atbuild-out, the 1,500-acre development will have 100 million sf,providing an urban core for South Korea's 10,000-acre masterplan.

|

Hynes says Gale's first charge as developer was to buy the first100 acres, spending $50 million, and then build the conventioncenter anchor. "None of this was easy. It was certainly the mostunconventional project we've ever built," he says. "We don'ttypically build convention centers. We had to find the architectand assemble the consultants. We did it because it was part of theland deal." The convention center was developed by New SongdoInternational City Development LLC, a 70-30 joint venture betweenGalen and Posco.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.