Seoul approves Hyundai Motor’s revised headquarters plan
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Seoul city officials have approved a redesign of Hyundai Motor’s planned headquarters in the southern part of the capital, reviving a project that had been mired in delays by setting a new 2031 completion target and replacing the original single-tower plan with three separate buildings. Seoul Metropolitan Government announced on Tuesday that negotiations triggered by the company’s request to alter the original plan wrapped up on Dec. 30, clearing procedural hurdles that had kept the Global Business Complex (GBC) project in limbo. The development on the former Korea Electric Power Corporation site near COEX was originally envisioned as a single 105-story “super tall” tower that would house offices, a hotel and cultural facilities. But objections from the military over potential interference with operations, combined with changing market conditions, pushed Hyundai to abandon the plan in favor of slimmer and shorter office towers. The negotiations resulted in an agreement that allows for three buildings on the 79,341 square meter plot, each 49 stories and about 242 meters high, KimWeiter zum vollständigen Artikel bei Korea Times
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Quelle: Korea Times