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 : 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)

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)

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

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)

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

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)

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)

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. 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

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)

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 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)

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

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