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Sunday, April 20, 2025

2025/04/21

Architecture translated into human organs

                         

Using AI for 3D modeling

                        

                        


5 most expensive shopping complexes in Seoul in terms of investment and construction costs:


1. Parc1 (파크원)

Located in Yeouido, Parc1 is a large-scale mixed-use development comprising a shopping mall, luxury hotel, and office towers.

  • Total Investment: Approximately $1.5 billion USD (~1.5 trillion KRW)

  • Developer: Skylan Properties Korea Ltd., with Morgan Stanley as financial advisor

  • It is one of the most ambitious real estate projects in Seoul and features some of the tallest buildings in the city.






2. Garden 5 (가든파이브)

Situated in Munjeong-dong, Songpa District, Garden 5 is one of Korea’s largest specialized shopping complexes.

  • Investment: Around 1.3 trillion KRW

  • Originally developed as a relocation site for Cheonggyecheon merchants, the complex faced high vacancy rates at first but has since evolved into a vibrant commercial and cultural space.




3. D-Cube City (디큐브시티)

Located in Sindorim-dong, Guro District, D-Cube City is a massive mixed-use development.

  • Construction Cost: Approximately 1.3 trillion KRW

  • Developer: Daesung Industrial Co., Ltd.

  • The complex includes a department store, office spaces, theater, hotel, park, residential units, and an art center.




4. Times Square (타임스퀘어)

Built on the site of a former textile factory in Yeongdeungpo District, Times Square opened in 2009 and remains one of Seoul’s most popular malls.

  • Construction Cost: About 600 billion KRW

  • It attracts approximately 210,000 visitors daily and integrates shopping, entertainment, and cultural facilities in a spacious layout.




5. Dongdaemun Design Plaza (DDP, 동대문디자인플라자)

Designed by world-renowned architect Zaha Hadid, the DDP is a landmark of Seoul’s contemporary architecture and a hub for design and fashion.

  • Construction Cost: About $451 million USD

  • Opened in 2014, it includes exhibition halls, a design museum, and multipurpose spaces.

  • Though not a traditional shopping mall, its impact on the commercial and cultural landscape of Seoul places it among the most significant investments.























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