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Development Plans

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01. Hana Financial Town
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  • Location : Block 3-4, Cheongna International City
  • Size : 247,749㎡
  • Project Cost : 730 billion won
  • Implementer : Hana Financial Group, Hana I&S
  • Period : 2012 ~ 2018
  • Features : Headquarters, finance research center, etc of Hana Financial Group
  • Promotion Status
    • Second half of 2014 : Ground breaking ceremony
    • Second half of 2015 : Construction commencement
    • First half of 2018 : completion & move-in

* Section in Charge : Financial Tenant Team, Strategic Service Industry Division(453-7422)

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02. Shinsegae Complex Shopping Mall
  • Location : Block 2, Cheongna International City
  • Size : 165,000㎡
  • Project Cost : 400 billion won
  • Implementer : Shinsegae Investment Development Co., Ltd.
  • Period : 2013 ~ 2020
  • Features : Shopping mall complex with recreation, shopping, culture, leisure spaces
  • Promotion Status
    • First half of 2016 : Construction Commencement
    • Second half of 2018 : Completion & Opening

* Section in Charge : Logistics Team, Infrastructure Service Industry Division(453-7323)

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03. Bear’s Best Cheongna Golf Club
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  • Location : Block 3,4, Cheongna International City
  • Size : 1,492,000㎡
  • Project Cost : 344.0 billion won
  • Implementer : : Blue Island
  • Period : 2007 ~ 2017
  • Features : Public golf course with 27 holes & detached houses with 255 household (Fairway Village)
  • Promotion Status
    • Sep. 2011 : Construction commencement
    • May. 2012 : Opening
    • Oct. 2016 : Completion of site development
    • Dec. 2018 : Completion of housing area in golf club
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04. Cheongna Dalton School
  • Location : Northern area of Cheongna International City
  • Size : 418,000㎡
  • Project Cost : 172.6 billion won
  • Implementer : Korea Rural Community Corporation
  • Period : 2011 ~ 2018
  • Features : floral distribution center, flowers exhibition, wholesale center, museum, high-tech R&D center, accommodation, etc.
  • Promotion Status
    • First Half of 2015 : Construction commencement for infrastructure facility
    • First Half of 2016 : selling of eco-friendly complex
    • Second Half of 2016 : project completion

* Section in Charge : Cheongna Planning Team, Yeongjong-Cheongna Investment Division(453-7612)

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05. Cheongna Dalton School
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  • Location : 344, Cheomdandong-ro, Seo-gu, Incheon
  • Size : 46,200㎡
  • Project Cost : 38 billion won
  • Implementer : School corporation Bongdeok Academy
  • Period : 2009 ~ 2011
  • Features : library, gym, pool, dormitory, etc.
  • Promotion Status
    • Aug. 2010. : Construction commencement of foreign school in Cheongna International City
    • Sept. 2011. : Opening of foreign school in Cheongna International City
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06. Robot Land
  • Location : Block 7, Cheongna International City
  • Size : 767,286㎡
  • Project Cost : 758.4 billion won
  • Implementer : Incheon Robot Land Co., Ltd.
  • Period : 2009. 2.~ 2017. 12.
  • Features : Robot industry promotion center, entertainment and subsidiary facility
  • Promotion Status
    • Sep. 2013 : Construction commencement
    • Sep. 2014 : Commencement of architecture works
    • First half of 2017 : Completion & Move-in

* Section in Charge : New Growth Industry Team, Future Creative Economy Policy Team, Division, Incheon Metropolitan City(440-3107)

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07. Incheon Hi-Tech Park (IHP)
  • Location : Southern area of Cheongna International City
  • Size : 1,132,000㎡
  • Project Cost : 490 billion won
  • Implementer : Korea Land & Housing Corporation (LH)
  • Period : 2006 ~ 2018
  • Features : Attracting domestic and foreign investment focused on high-tech parts material R&D
  • Promotion Status
    • Feb. 2014 : Commencement of infrastructure works in zone 1
    • Second half of 2016 : Supplying of industrial land
    • First half of 2017 : Completion of infrastructure works in zone 1
    • Second half of 2018 : Completion of infrastructure works in zone 1

* Section in Charge : Cheongna Planning Team, Yeongjong-Cheongna Development Division(453-7613)

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08. GM Korea R&D Center
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  • Location : Southern area of Cheongna International City
  • Size : : 507,605㎡
  • Project Cost : 152 billion won
  • Implementer : Incheon Metropolitan City
  • Period : Dec. 2004 ~ Oct. 2007
  • Features : CTT (performance test center), laboratory
  • Promotion Status
    • Sept. 2005 : Construction commencement for site renovation
    • Apr. 2007 : Completion of site renovation
    • Oct. 2007 : Completion and opening of GM Daewoo R&D Center
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09. City Tower
  • Location : Within Central Lake Park in Cheongna International City
  • Size : Tower (450m of height)
  • Project Cost : 303 billion won
  • Implementer : LH
  • Period : 2012 ~ 2020
  • Features : tour tower, F&B, entertainment facility, shop, etc
  • Project Direction
    • Extend subway line no. 7, build a station at City Tower
    • Establish a culture and tourism network with the City Tower at its center
  • Featured Facilities
    • High-rise observation deck for IFEZ
    • A sky garden 262m in the air for visitors
    • Major shopping and tourism complex
  • Expected Benefits
    • 1. Improve the city’s competitiveness
      • 448m-tall observation tower
      • Offers views of the Seoul N Tower, Gaeseong-si, and the Yellow Sea
      • A new landmark for the Incheon Free Economic Zone
    • 2. Attract tourists
      • Attract foreign and domestic tourists with the high-rise observation deck, commercial facilities, and beautiful view of the surrounding landscape
    • 3. Provide momentum for development and attract investment into the development of Cheongna
      • Commence major development projects near the target site, stimulate the International Finance District
    • 4. Stimulate the local economy
      • Interface with exhibition, experience, entertainment facilities, and shopping establishments to secure the ability to attract consumers
    • 5. Generate synergy with Incheon Free Economic Zone Authority
      • Take advantage of the limitless potential as a global hub for the high-tech financial industry as well as various development possibilities
  • Project Progress
    • January 2012 : Selected the winner of the City Tower Construction Blue Print Contest
    • November 2014 : Signed a business implementation agreement (IFEZ Authority ↔ Korea Land & Housing Corporation)
    • January 2016 : Signed a consignment agreement (IFEZ Authority ↔ Korea Land & Housing Corporation)
    • October 2016 : Selected the developer for the integrated facilities at the City Tower
    • February 2017 : Signed a business agreement
    • May 2017 : Established an foreign investment corporation
    • March 2018 : Began construction for the City Tower and integrated facilities
    • March 2022 : Finished construction for the City Tower and integrated facilities
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10. Central Lake Park
  • Location : Within Cheongna International City
  • Size : 693,000㎡
  • Project Cost : 78.5 billion won
  • Implementer : Korea Land & Housing Corporation
  • Period : 2012 ~ 2015
  • Features : Circular trail, large musical fountain, underwater square, floor fountain, music facility
  • Promotion Status
    • Jun. 2012 : Construction commencement
    • Sep. 2014 : Temporary public opening of landscaping facility
    • Dec. 2015 : Completion of construction

* Section in Charge : Park Development Team, Cheongna Management Division(453-7682)

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11. Canal Way
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  • Location : Within Cheongna International City
  • Size : Canal Width 5~10m, Extension Total 4.5km
  • Project Cost : 75.9 billion won
  • Implementer : Korea Land & Housing Corporation
  • Period : 2012 ~ 2015
  • Features : trail, fountain, sports facilities, etc.
  • Promotion Status
    • Jun. 2012 : Construction commencement
    • May. 2013 : Completion of Step 1, Canal Way
    • Dec. 2015 : Completion of construction

* Section in Charge : Park Development Team, Cheongna Management Division(453-7682)

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12. Cheongna International City Station
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  • Location : Within North-Incheon IC of Incheon Airport Highway
  • Size : 21,850㎡
  • Project Cost : 66.8 billion won
  • Implementer : Korea Rail Network Authority
  • Period : Nov. 2011 ~ Dec. 2013
  • Features : Station & platforms
  • Promotion Status
    • Nov. 2012 : Construction commencement for Cheongna Station
    • Jun. 2014 : Opening of Cheongna International City Station

* Section in Charge : Metro Rail Team, Transportation Division, Incheon Metropolitan City(440-3893)

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13. Cheongna Medical Complex Town Development
  • Location : Cheongna International City Investment land 2Block
  • Period of business : 2014 ~2020
  • Expenses : 500,000,000,000 KRW (Level 1 hospital business)
  • Main facilities : a general hospital, Specialized hospital, medical college, drug company, Institute of Medical Research, Meditel
  • Business entity : CHA Medical Group, overseas investor
  • Progress status table
    • April 2014 : Cheongna Medical Complex Town MOU Contract
    • December 2014 : Submit business plan
    • August 2015 : supply of site fulfillment
    • November 2016 : Foreign investment corporation establish

* Section in Charge : Service Industry promotion Division (032-453-7393)

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14. International Financial Complex
  • Location : B4, B5, A5, Ju-25 at Cheongna International City
  • Size : 159,000㎡ (48,000 pyeong)
  • Project Cost : KRW 1.1996 trillion
  • Implementer : Hanyang Consortium
  • Period : June 2015 ~ August 2025
  • Features : Business (finance) facilities, apartment housing, officetells, hotels, cultural facilities, retail facilities, etc.
  • Project Progress
    • August 2015: Signed business agreement (Korea Land & Housing Corporation↔Hanyang Consortium)
    • January 2016: Signed real estate transaction agreement (Korea Land & Housing Corporation↔Hanyang Consortium)
    • August 2016: Began construction
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15. International Business District
  • Location : Business zone to the right of the Investment Attraction-5BL lot
  • Project Objective
    • Attract tenants with international business operations in all fields, including finance
    • Develop business hotels, commercial facilities, etc. to support international business
  • Investment Attraction Method
    • Attract foreign investment through companies capable of direct investment, including domestic construction companies