Major Project
Development Plans

- 1. Hana Financial Town
- 2. Shinsegae Complex Shopping Mall
- 3. Bear’s Best Cheongna Golf Club
- 4. Eco-Friendly Complex
- 5. Cheongna Dalton School
- 6. Robot Land
- 7. Incheon Hi-Tech Park (IHP)
- 8. GM Korea R&D Center
- 9. City Tower
- 10. Central Lake Park
- 11. Canal Way
- 12. Cheongna International City Station
- 13. Cheongna Medical Complex Town Development
- 14. International Financial Complex
- 15. International Business District
01. Hana Financial Town
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- 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)
02. Cheongna Startfield
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- 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)
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
04. Eco-Friendly Complex
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- 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)
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
06. Robot Land
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- 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)
07. Incheon Hi-Tech Park (IHP)
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- 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)
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
09. Cheongna City Tower
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- 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
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)
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)
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)
13. Cheongna Medical Complex Town
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- 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)
14. International Financial Complex
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- 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
15. International Business District
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- 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