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Development Plans

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01. Hana Financial Town
  • Location : Block 3-4, Cheongna International City
  • Size : 248,000㎡
  • Project Cost : 730 billion won
  • Implementer : Hana Financial Group, Hana I&S
  • Period : 2012 ~ 2022
  • Features : Hana Financial Group Headquarters and integration of its subsidiaries’ functions including Finance research center
  • Promotion Status
    • Jul. 2014 : Project agreement signed
    • Sep. 2015 : Construction of ‘phase-1 Integrated Data Center’ started
    • Apr. 2017 : Phase-2 foreign investment received
    • May. 2017: Construction of ‘phase-2 Global Human Resource Development Center’ started
    • Jun. 2017: Construction of ‘phase-1 Integrated Data Center’ completed
    • May. 2019: Construction of ‘phase-2 Global Human Resource Development Center(Hana Global Campus)’ completed
    • Aug. 2019: Planning of phase-3 finance headquarters relocation in progress

* Section in Charge : PM at Service Industry Division(453-7391)

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02. Cheongna Startfield
  • Location : Block 2, Cheongna International City
  • Size : 165,000㎡
  • Project Cost : 1.3 trillion won
  • Implementer : Starfield Cheongna
  • Period : 2013 ~ 2024
  • Features : Shopping complex with culture, leisure and entertainment facilities
  • Promotion Status
    • Dec  23. 2013: Land purchase contract signed with Shinsegae foreign investment corporation
    • Aug 18. 2017: Traffic impact assessment passed conditionally
    • 2020 : Construction permission obtained and construction initiated
    • 2024 : Construction completed and Cheongna Starfield open

* Section in Charge : PM for Retail & Logistics at Service Industry Division(453-7321)

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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 billion won
  • Implementer : Blue Island
  • Period : 2007 ~ 2016
  • Features : Public golf course with 27 holes & detached houses with 355 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. Eco-Friendly Complex
  • Location : Northern area of Cheongna International City
  • Size : 419,000㎡
  • Project Cost : 166.4 billion won
  • Implementer : Korea Rural Community Corporation
  • Period : 2011 ~ 2021
  • Features : floral distribution center, flowers exhibition, wholesale center, museum, high-tech R&D center, accommodation, etc.
  • Promotion Status
    • Nov. 2014 : implementation design project launched
    • Mar. 2017 : infrastructure construction initiated
    • Feb. 2020 : infrastructure(SOC & landscaping) construction completed
    • Oct. 2020: infrastructure(electricity & communication) construction completed

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

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05. Cheongna Dalton School
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  • Location : 344, Cheomdandong-ro, Seo-gu, Incheon
  • Size : 46,000㎡
  • 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 : 155-11, Robotland-ro, Seo-gu, Incheon
  • Size : 769,000㎡
  • Project Cost : 711.3 billion won
  • Implementer : Incheon Robot Land Co., Ltd.
  • Period : 2009. 12.~ 2024. 12.
  • Features : Robot industry support facilities
  • Promotion Status
    • Sep. 2013 : Construction commencement
    • Sep. 2014 : Commencement of architecture works
    • Jul. 2017 : Completion & Move-in
    • Jun. 2020: Creation execution plan approved
    • Jun. 2021: Development plan changes approved

* 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 : 1,170,000㎡
  • Project Cost : 391 billion won
  • Implementer : Korea Land & Housing Corporation (LH)
  • Period : 2006 ~ 2021
  • Features : Attracting domestic and foreign investment focused on high-tech parts material R&D
  • Promotion Status
    • Feb. 2014 : section-1 infrastructure construction launched
    • Dec. 2015 : section-2 infrastructure construction launched
    • Dec. 2016 : section-1 land supplied
    • Jun. 2020 : section-1 infrastructure construction completed
    • Jun. 2021: development plan & implementation plan changes approved

* 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. Cheongna City Tower
  • Location : Within Central Lake Park in Cheongna International City
  • Size : 30-story building with 2 basement floors (448 meter tall)
  • Project Cost : 414.3 billion won
  • Project Owner : IFEZ Authority
  • Trustee : Korea Land & Housing Corporation (LH)
  • Developer : Cheongna City Tower Consortium (SPC)
  • Builder : Hanyang Corporation and main builder to be re-selected
  • Period : 2016 ~ 2023
  • Facilities
    • low-level  observatory(F9, 135M), mid-level observatory(F20, 319M), high-level observatory(F27, 351M), Skywalk
    • Glass floor(F22, 328.5M), Skydeck, top floor(F30, 378M)
  • Expected Benefits
    • 1. Improve  urban competitiveness
      • world-class observatory which views North Korean city of Kaesong
      • brand-new landmark for IFEZ 
    • 2. Attract tourists
      • promote international tourism benefited from its location closer to Incheon International airport and the 3rd landing bridge
      • enhance the city brand with the green building built at the heart of Cheongna Lake Park

  • Project Progress
    • Oct. 2007: International competition for City Tower opened
    • Aug. 2013: Construction permission completed
    • Jan. 2016 : Consignment agreement signed (IFEZ↔LH)
    • Oct. 2016 :City Tower developer(SPC) selected(BOSUNG Corporation, HANYANG Corporation & Tower Escrow Inc)
    • Feb. 2017 : City Tower Construction Agreement signed(IFEZ↔LH), City Tower Management & Operation Agreement signed(IFEZ↔Cheongna City Tower Corporation)
    • May 2018 : Construction permission changes completed
    • Feb. 2019: Construction commencement reported
    • Mar. 2019: Contract signed with High-rise building builder(SPC↔PoscoE&C)
    • Nov. 2019: Groundbreaking Ceremony held
    • Mar. 2020: Civil engineering work initiated(SCW, Earth Anchor)
    • Jun. 2020: Landscape review passed
    • Oct. 2020: Contract between SPC and Posco E&C terminated
    • Dec. 2020: Main builder re-selection voided
    • Mar. 2021: Phase-1 excavation completed
    • Jun. 2021: Bidding clarification meeting held
    • Sep. 2021: Bidding site inspection held

       

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10. Central Lake Park
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  • 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
  • Location : Cheongna International City Investment land Block 2
  • Period of business : 2014 ~2025
  • Size : 260,000㎡
  • Facilities : general hospital, specialized hospital, medical school, pharmaceutical company, medical research center & medi-tel(medicine+hotel)
  • Progress status
    • May. 2019 : competion-based contractor selection decided
    • 2020 : competition-based contractor selection being prepared

* Section in Charge : PM at Service Industry Division(453-7391)

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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 :  1.1996 trillion won
  • Developer : Cheongna International Finance Complex Consortium (SPC)
  • Period : 2015. 6. ~ 2025. 8.
  • Facilities : Business(fiance) facilities, apartment housing, dual-purpose(residental & commercial) buildings, hotels, cultural & retail facilities
    Project Status
  • Project Progress
    • Aug. 2015 : Project Agreement signed(LH↔HANYANG Consortium)
    • Jan. 2016 : Land Purchase Agreement signed(LH↔HANYANG Consortium)
    • Aug. 2016 : Apartment housing construction started
    • Mar. 2019 : Apartment housing construction completed
    • Oct. 2019 : Construction permission for ‘Business facility A’ obtained
    • Nov. 2019 : Construction of ‘Business facility A’ initiated
    • Nov. 2020 : Construction review for ‘3 dual-purpose buildings’ received
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15. International Business District
  • Location : B1, B2, B9, B10, C1, C2, M5, M6 at Cheongna International City
  • Size : 278,000㎡ (84,000 pyeong)
  • Project Direction
    • Consulting on future development strategies and implementation planning with consultation from experts

  • Project Details
    • Adding the 4th Industrial revolution technologies includnig AI and big data to the current development concepts which focuses on internatioanl busiess and finance
    • Including profit-generation facilities into the land usage plan for profitability
    • Initiating a competition-based process to pursue fairness and transparency of the project
  • Project Progress
    • Apr. 2020 : Development plan & Implementation plan changes announced
    • Jun. 2020 : Competition guideline preparation meeting held(two times)
    • Jul. 2020 : Competition opened for 3 months
    • Oct. 2020 : Project proposals received from 4 consortiums
    • Nov. 2020 : First preferred bidder(Mirae Asset Daewoo consortium) selected
    • Dec. 2020 : Preferred bidder project presentation held(First)
    • Apr. 2021 : Preferred bidder project presentation held(Second)
    • Oct. 2021 : Project agreement signed