2017 ULI ASIA PACIFIC SEOUL PROPERTY TOUR APRIL 5-8, 2017
Tour Leader Kenneth RHEE CEO, Huhan Advisory & Chief Representative, ULI China Mainland Formerly Executive Director, Morgan Stanley Local Host Committee CHOI Min-sung, Ph.D. Chairman & CEO, DELCLO Realty Group Chairman, ULI Korea Organizing Committee Adjunct Professor, Hanyang University Graduate School of Urban Land Studies Assistant administrator, Overseas Development Finance Forum (National Assembly) LEE Bang-Joo Chairman & CEO, JR AMC Formerly: CFO & CEO, President, Hyundai Motor Company CEO, President, Vice Chairman Hyundai Development Company Chairman, Korea Housing Association LEE In-Keun, Ph.D. Assistant Mayor, Seoul Metropolitan Government (Retired) Former Head of LH Institute (retired) Former Head of Planning, Seoul Metropolitan Government AHN Sanghyun President & Partner, ARCHIAN (An architecture firm) Adjunct Professor, Korea University Why join the tour The tour will be led by experienced ULI-members and real estate professionals familiar with the projects and the local market conditions, giving you the opportunity to meet leaders of the local real estate industry, and connect with other tour participants from various counties in Asia Pacific. You will visit recently completed noteworthy development projects and tour neighborhoods that have undergone successful urban regeneration, where you will gain insight from senior executives directly involved in the projects. Tour key focus areas: Urban regeneration & historical preservation High-density transit-oriented mixed-use projects Retail property Smart city Large-scale office park development In addition, you will experience Korea s popular and traditional culture and local cuisine. 2017 ULI ASIA PACIFIC SEOUL PROPERTY TOUR
Indicative Itinerary* APRIL 5-8, - 82017 Date Activities Description 5 Wednesday 6 Thursday 7 Friday 8 Saturday 9 Sunday Arrive Hotel Dinner Breakfast Meeting Tour Day 1 Dinner Breakfast Tour Day 2 Dinner Historical & Culture Tour Lunch Depart for Airports Optional Extra Day for Self-guided Tour 5:00pm - Check-in at Lotte City Hotel, Mapo 6:00pm - Depart from hotel for casual dinner & drinks in Hongdae Breakfast meeting & market update Tour Day 1 Digital Media City IFC Seoul D-Cube Dongdaemun retail shopping area Cheonggyecheon Dinner in Myeongdong Breakfast with local real estate industry leaders Tour Day 2 Lotte World Tower Pangyo Techno Valley Smart city monitoring center Dinner in Garosu-gil Historical & culture tour Bukchon Hanok Village Insadong (pedestrian street) Lunch in Insadong 1:00pm - Depart for airports Self-guided tour suggestions Itaewon Hongdae Myeongdong Suwon 2 1 11 12 14 5 4 8 WED, April 5 THU, April 6 Tour Map 6 3 13 10 7 Hotel: Lotte City Hotel, Mapo 1. Hongdae FRI, April 7 7. Lotte World Tower 8. Shinsaegae Starfield Hanam 9. Pangyo Techno Valley 10. Garosu-gil Optional Self-Guided Tour 2. Digital Media City 3. IFC Seoul 4. Dongdaemun Market 5. Cheonggyecheon 6. D-Cube SAT, April 8 11. Bukchon Hanok Village 12. Insadong * Please note that the schedule may change. 9 15 (1 hour drive from Seoul) 13. Itaewon 14. Myeongdong 15. Suwon
Tour Locations Named after Hongik University, known as a college town near downtown Seoul the neighborhood was built on a foundation of artistic souls since the 1990s. Known for its urban arts and indie music culture, clubs & entertainments. In 2016, Hongdae was ranked one of the most unique neighborhoods in the world. Hongdae Source: Flickr, Minyoung Choi DMC is a high-tech and broadcasting complex for digital technologies, broadcasting companies, networked offices, apartments, exhibition & conference halls in Seoul. Constructed in 2002 across 570,000 sqm. Attracted well-known IT companies such as LG Telecom, Pantech and LG CNS, and facilities public exhibition including the Korean Film Archive & the Korean Film Museum. Located on Digital Media City Station, Seoul Subway Line 6, AREX and Gyeongui Line. Source: http://seouldmc.kr Digital Media City (DMC) 2nd tallest building in Seoul, and the 6th tallest in Korea. A mixed-use integrated commercial development in Seoul. international consortium (AIG) Officially launched in 2005, and is part of Seoul Metropolitan Government's plan to IFC Seoul Source: http://www.ifcseoul.com D-cube is a winner of ULI Global Award for Excellence. D-Cube City is a Transit-Oriental-Development (TOD) mega-complex. This mixed use facility was developed by the same groups that developed Roppongi Hills in Tokyo. D-Cube City s six acres of parks, plazas, and gardens are spread across the structure s stepped roofs. Built on a former coal storage facility. Source: http://english.visitkorea.or.kr D-Cube
Tour Locations Designated a Special Tourism Zone since 2002. Dongdaemun Market Source: Flickr, Nestor Lacle 26 shopping malls over 10 blocks, 30,000 specialty shops, and 50,000 manufacturers. The area has recently undergone a major redevelopment and upgrade anchored by the development of Dongdaemun Design Plaza (DDP). Designed by Zaha Hadid and Samoo, the 85,000 sqm GFA structure was built on a site formally used as a baseball stadium. Cheonggyecheon is a 10.9 km (7.0 miles) long, modern public recreation space in downtown Seoul. economic development caused it to be covered by road and elevated freeway. A restoration project with the purpose of preserving the unique identity of the natural environment and the historic resources in the CBD of Seoul. Reinforce the surrounding business area with information technology, international affairs and digital industries. Source: Flickr, el_ave Cheonggyecheon Lotte World Tower Designed by KPF, it is currently the tallest building in the Organization for Economic Co-operation and Development (OECD). The 5th tallest building in the world. Source: Flickr, by Minyoung Choi The name Garosu-gil is from the Korean word which means tree-lined streets, as the area is adorned with ginkgo trees. The area is known for its galleries, restaurants, bars, cafés, as well as clothing boutiques and art design bookshops. Seen as one of the key fashionable and trendsetting destinations in Korea. Source: Flickr, Alejandro Garosu-gil
Tour Locations Developed by Shinsegae Group and Taubman Asia. Multi-level lifestyle shopping mall that is among the largest in Korea a regional mega-mall, with an approximate ground leasing area of 1.7 million square feet. The mall opened in September, 2016. Shinsaegae Starfield Hanam Source: Kenneth Rhee Pangyo Techno Valley (PTV) is an industrial complex in the city of Seongnam, located immediately south of Seoul. The complex focuses on information technology, biotech, cultural technology and fusion technology. Pangyo Techno Valley covers about 46 hectares of land (455,000m²). Source: http://www.pangyotechnovalley.org Pangyo Techno Valley Bukchon Hanok Village Bukchon Hanok Village is a Korean traditional residential neighborhood in Seoul located between Gyeongbok Palace, Changdeok Palace and Jongmyo Royal Shrine. The traditional village is composed of lots of alleys, hanok ( Korean home ) and is preserved to show a 600-year-old urban environment. Now it is used as a traditional culture center and hanok restaurant, allowing visitors to experience the atmosphere of the Joseon Dynasty. Source: Flickr, by Minyoung Choi Insadong is a dong, or neighborhood of the Jongno-gu district of Seoul. The main street is Insadong-gil, which is connected to a multitude of alleys that lead deeper into the district, with modern galleries and tea shops. it was once the largest market for antiques and artworks in Korea. Insadong was originally two towns whose names ended in the syllables "In" and "Sa" that were divided by a stream which ran along Insadong's current main street. Insadong began 500 years ago as an area of residence for government officials. Source: Flickr, Tim Walker Insadong
Optional Self-tour Itaewon is a unique place in Seoul with diverse nationalities and cultures. Itaewon internationals to enjoy a diversity of culture, shopping, and entertainment experiences. The formation of this exotic and global tourism site is closely associated with modern Korean history. In the aftermath of the Korean War, American soldiers began to stay in the Yongsan Garrison and consequently numerous businesses and housing complexes were formed. Source: Flickr, Aleksandr Zykov Trendiest shopping area, with over 300,000 square meters of fashion & cosmetics. Many department stores also have a major presence here. Day or night, young people crowd into the numerous restaurants, cafés, coffee shops, and night clubs in the area. Myeongdong Cathedral and the Myeongdong Nanta Theatre. Source: el_ave Myeongdong Suwon Source: Flickr, dconvertini Suwon was built as a planned city during the reign of Jeongjo (1752-1800), the 22nd monarch of the Joseon Dynasty (1392-1910). The urban construction was based on Silhak, a new school of philosophy at the time that emphasized science and practical learning. Due to its geographical location, Suwon is the southern gateway to Seoul. The city has a number of attractions, including the Hwaseong Fortress, an example of fortress architecture that is designated as a UNESCO World Cultural Heritage Site. ULI MEMBERSHIP Become a ULI member and be part of the ULI network. enjoy discounted regisration fee for tours and other ULI events. For application, please email: stephanie.ng@uli.org.
Key Details TRANSPORT You will be required to organize your own international flights arriving in Seoul by April 5, 2017 and then departing after 1:00pm from April 8, 2017 onwards. Each participant is responsible for arranging transportation to the hotel on April 5 and to the airport on April 8. Please note that the hotel is on top of a major subway directly connected to both airports. You will also be required to obtain your own visa for Korea. For further assistance, please contact ULI Asia Pacific Email: uli_asiapac@uli.org. S COST ULI MEMBERS Single room occupancy: USD2,450 Double room occupancy: USD2,200 (Excluding international airfares) NON-ULI MEMBERS Single room occupancy: USD2,950 Double room occupancy: USD2,700 (Excluding international airfares) * An option to stay an extra day for self-guided tour for an additional Single room occupancy: USD150 Double room occupancy: USD100 COST INCLUDE: 3 Nights stay at Lotte City Hotel, Mapo, a 4-star hotel. Breakfast from April 6-8; Lunch on April 8 & Dinner from April 5-8. Ground transportation from the arrival at the hotel till the end of the official tour on April 8. BOOKINGS If you would like to join the tour, please email a completed registration form to uli_asiapac@uli.org Registration deadline: March 16, 2017. 2017 ULI ASIA PACIFIC SEOUL PROPERTY TOUR