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

• 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

• 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

• 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

• 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)

• 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

• 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

• 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

• 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

• 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