Parc1

Parc1 (Korean: 파크원) is a complex of buildings in Yeouido, Seoul, South Korea.^[1] It stands 333 m (1,093 ft) and contain 69 floors.^[2][3] Construction stopped in 2011 but resumed in early 2017.

Parc1
파크원
Parc1 in 2022
General information
Status	Completed
Address	108, Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea
Coordinates	37°31′33.94″N 126°55′41.51″E
Groundbreaking	June 5, 2007
Construction started	February 15, 2008
Completed	July 13, 2020
Opened	July 31, 2020
Height
Architectural	333 m (1,093 ft)
Roof	318 m (1,043 ft)
Technical details
Floor count	69
Design and construction
Architect(s)	RSHP
Structural engineer	Arup Group
Main contractor	POSCO E&C
Other information
Public transit access	Yeouido
Website
www.parc1.com

History

Parc1 is a US$1.5-billion shopping/hotel/office complex realized by Skylan Properties Korea Ltd., a foreign-invested property development and management services group with offices in Seoul, Beijing and Kuala Lumpur. Morgan Stanley, a global investment bank, was engaged as the financial advisor to arrange financing for the project.

Parc1 was the current Tongil Parking Lot site, a 46,465 square metre plot set between financial and residential districts and bordering Yeouido Park.

Designed by architect Lord Richard Rogers,^[4] chief architectural advisor to the mayor of London, the central structure will be a six-story glass mall, offering space for 400 stores.

Structures

• Tower I
• Tower II
• The Hyundai Seoul^[5]
• Fairmont Ambassador Seoul^[6]

Notable tenants

• NH Investment & Securities^[7]
• LG Energy Solution

See also

• List of tallest buildings in Seoul
• List of tallest buildings in South Korea

References

1. "Richardrogers.co.uk".
2. "Parc1 Tower I - The Skyscraper Center". www.skyscrapercenter.com. Retrieved 22 May 2021.
3. "Parc 1, Tower A, Seoul | 301129". Emporis. Archived from the original on 9 April 2013. Retrieved 2 May 2022.{{cite web}}: CS1 maint: unfit URL (link)
4. "Korea's top culture stories of 2019: A look back at why galbi-flavored fried chicken, Bong Joon-ho and, of course, BTS dominated the headlines this year". Korea Joongang Daily. 30 December 2019.
5. Jo, He-rim (26 February 2021). "[From the scene] Seoul's newest, biggest department store offers new shopping experience". The Korea Herald.
6. Jun, Ji-hye (4 August 2021). "Fairmont Ambassador Seoul wins five stars". The Korea Times.
7. Chung, Seung-hwan; Chung, Ji-sung; Cho, Jeehyun (16 January 2021). "NH Investment & Securities to buy new office building in Yeouido for $863 mn". Maeil Business Newspaper.