Tower in Gale International’s Songdo City set to open

New York City-based firm developed city that is home to South Korea’s tallest building

TRD New York /
Jul.July 09, 2014 01:20 PM

South Korea’s new tallest building, located in the city developed by New York City-based development firm Gale International and designed by Kohn Pedersen Fox Associates, opens tomorrow.

The 1,001-foot, 68-story Northeast Asia Trade Tower cost roughly $614 million to build and is located within the Songdo International Business District, a 1,500-acre, 100 million-square-foot new city jointly developed by Gale International and steel company POSCO E&G of South Korea.

The skyscraper is comprised of 2 million square feet of gross floor area, and includes a three-story underground parking garage, pedestrian subway access and an observation deck on the 65th floor. Daewoo International, Korea’s largest trading company and a subsidiary of POSCO, owns the tower and will relocate its offices and 1,500 employees to the tower from the company’s current headquarters in Seoul this October. The 34th-64th floors will be occupied by the 423-suite Oakwood Premier Incheon hotel. — Julie Strickland


Related Articles

arrow_forward_ios
Gale International CEO Stanley Gale

A developer’s dream of a smart city in South Korea may be over

Gale International launches two penthouses at Flatiron project

Gale International launches two penthouses at Flatiron project

The Wrap: Washington passes NYC as priciest US city to live in, Alloy unveils penthouse renderings for One John Street in Dumbo … and more

The Wrap: Washington passes NYC as priciest US city to live in, Alloy unveils penthouse renderings for One John Street in Dumbo … and more

Local buyers trump international investors: developers

Local buyers trump international investors: developers

Plush penthouses at new Flatiron condo hit market

Plush penthouses at new Flatiron condo hit market

Placeholder image

Gale International’s Flatiron deal with Extell fueled by site’s turnkey status

Gale International moves forward with Flatiron condo plans

Gale International moves forward with Flatiron condo plans

Placeholder image

Extell sells Flatiron development site to first-time Manhattan buyer

arrow_forward_ios