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Showing posts with label Jamsil. Show all posts
Showing posts with label Jamsil. Show all posts

Friday, January 12, 2024

Seoul Smart Life Week - What happens in Vegas stays in Seoul?

So taking more space at CES was not enough: Seoul wants to be a match with the World's leading consumer electronics show and launch 'Seoul Smart Life Week' later this year (Oct 7-9 in COEX).

Mayor OH Se-hoon announced the event at the 640 sqm Seoul Pavilion in Tech West Eureka Park, where 81 companies exhibited their solutions and gizmos (very strong biotech and A.I. verticals behind  Seoul Biohub and Seoul AI Hub). 18 of them claimed a CES Award, but the prize OH and Seoul Business Agency are after means even bigger bucks.

Well the first edition 'only' aims at 100 cities and 200,000 visitors, but it takes time to install a big show in a crowded calendar, and COEX can't host a Barnum the size of CES.

KINTEX would gladly oblige, but Korea's biggest exhibition venue is in Ilsan, Goyang, Gyeonggi-do, with limited hospitality capacity nearby. Seoul wants to become a global or at least an Asian leader, to put for good Tokyo, Hong Kong (and its half-yearly Electronics Fair), or Singapore (COMEX- ITSHOW-The Tech Show-Consumer Electronics Exhibition) behind. 

Seoul plans to change venues after the Jamsil Sports Complex is fully transformed into the Jamsil Sports MICE Complex, with a business hub connecting the COEX, SETEC, Hyundai Motors Global Business Center, Dominique Perrault's new Yeongdong-daero, and of course the Han River in this very vegassy vision mentioned in my recent focus (see 'Seoul waterways and urbanism - the full story'):

Seoul already hosts many tech-related events, but no top-of-mind brand emerges. At least, if it may not seem very original, 'smart life' sounds definitely more human-oriented than the old-tech-y 'electronics' or 'IT'. Unlike CES with the CTA, this new SSLW will not be led by an industry but by a local authority, with city pavilions rather than national spaces. To compete with Vegas, Seoul will not only need new hardware and software, but also the power hitters Korea Inc. sends to the national pavilion. And ultimately, Samsung LG, and Co. will have to be convinced to release buzzworthy novelties 3 months earlier than usual.


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Monday, May 2, 2016

Yeongdong-daero Underground City, Korea (YUCK?)

Last March, KEPCO surpassed Hyundai Motor in market capitalization (KRW 37 tn vs 34). Ironically, since Hyundai's financial trouble have something to do with their purchase from KEPCO, in September 2014, of prime land along Yeongdong-daero, for a whopping USD 10 bn.

As you know (e.g. Yeongdongwon focus in last year's "Diagonal crossings, High Lines, and Business Verticals (how pedestrians and businesses remodel Seoul... and vice-versa)"), that site will host the group's future HQ - Hyundai Motor Global Business Center - at the core of a redesigned COEX-Jamsil business district that will stretch over both sides of Tancheon stream (Samseong-dong and Daechi-dong in Gangnam-gu, Jamsil-dong in Songpa-gu), and grow what is already a significant transportation hub into a gigantic one.

Yesterday, Seoul Metropolitan Government released more details about that part of the puzzle, an 'underground city' to be delivered by 2021:
  • A big whale: 160,000 square meters under Yeongdong-daero (6 underground floors, 630 m long, 70 wide, 51 deep). Cost: KRW 1.169 tn
  • A multimodal hub: subway (Samseong Station on Line 2, Bongeunsa on Line 9), bus (including the City Air Terminal), express railways (GTX-A Samseong-Dongtan, GTX-C Uijeongbu-Samseong-Gunpo, KTX Northeast extension), LRT (Wirye-Sinsa Line - see "Seoul LRT Projects Update (Part 2/2)"). Expected gains in commuting times to Dongtan and City Hall: from respectively 41 and 29 mn by car, to 20 and 5 mn by rail

Views presented last year

The hub will also include various culture and service facilities, and a shopping area complementing the COEX Mall. Pedestrians shall have a better time navigating a space until now devoted to Car Almighty.

With its countless traffic lanes, Yeondong-daero looks like a pre-Gwanghwamun-plaza Sejongno on steroids, and this project seems to consider a similar, tree-less, tip-of-the-iceberg central walkway. But it's not as if masses will roam the surface like downtown: distances are even greater, and most of the fun will remain indoor. As nice as Bongeunsa is, it doesn't rival with Jongno landmarks and Bugaksan.

Still, this transport hub certainly looks less nightmarish than Banpo's Express Bus Terminal, because the Yeongdong-daero / Teheran-ro intersection is far less messy, and because you don't have 'apateu' blocks the scale of say a Banpo Xi. One can also hope that the user experience will be better thought through, more seamless.

How much this will cannibalize business from COEX Mall or Lotte World remains to be seen. But it's already adding trouble to the old business center of Gangnamistan: vacancy rates are expected to keep growing in Gangnam Business District (around Gangnamdae-ro and Teheran-ro at Gangnam Station), even if Hyundai Motor is moving in the time to build its new extravaganza.
Common sense, demographic and economic trends tend to make us think that a success story here would mean a failure somewhere else. And this zero-sum game leaves us every year with more infrastructures to fill.

Let's hope that this 'underground city', which unlike many pharaonic projects does have a purpose, won't be the vast magma chamber of a supervolcano bubble, but at least a successful transport hub.


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Tuesday, September 2, 2014

New Town out, Redevelopment in, back to the Urban Jungle

Korean economy badly needs a boost, and the government opted for a quick fix with long lasting effects: in "the republic of apartments", easing apartment regulations always sounds like giving junkies one massive free shot (about this most typical Korean addiction, see for instance "The Republic Of Apartments", or "Inhuman, all too human Seoul").

This at a moment when the real estate market got a bit sounder, many empty apartments created by new town bubbles eventually finding tenants. And what to say of the recent easing of DTI (Debt To Income) and LTV (Loan To Value) ratios as household debt keeps skyrocketing (over 8% last year)... 

But this is less about supply and demand rationale than about giving work to construction conglomerates, and a boost to voters' morale. I don't have the details of the 30% of the 2,400 regulations that shall be dumped by 2017, but social welfare is unlikely to gain ground to short term profits. Typically, the proportion of apartments reserved for rentals in any given block will be reduced, and there will be fewer constraints on unit sizes. LH Corporation's key assets will be sold to private developers, who really seem to be the ones calling the shots here.

Not very P.C. for an administration supposed to fight speculation and defend the interest of the weakest citizens. Interestingly, the very day the set of measures were announced, Seoul Mayor Park Won-soon met with Deputy PM Choi Kyung-hwan, a first meeting at such level since 2006, to discuss collaboration on infrastructures, including facilities along Hangang riverside, and a second cable car on Namsan*.

The best measure in the package is the end of what I call the 'greenfield new towns' (see "Wet eyes for wetlands and urban mirages"): instead of improving existing neighborhoods, authorities prefer to create artificial cities ex nihilo and extra muros because land is cheaper. Now hopefully, Korea shall significantly reduce the risk of urban nonsenses.

The most anticipated measure is the reduction of minimum age requirements by up to ten years for the reconstruction of apartment buildings, which means that the bed towns erected around the Olympics in the late eighties shall be replaced much earlier.
 
Korea to cut construction regulations: no more satellite New Town, but apartment redevelopment accelerated / Urbanism deregulation means that apartment blocks in Sanggye, Mokdong or Jamsil will be redeveloped much sooner - twitter.com/theseoulvillage/status/506611541722935296
This set of maps shows the chronology of the development of habitations in Seoul (before 1980, during the 80s, 90s, and noughties).

Among the 1987 projects that could be up for reconstruction in 2017: Sanggye-dong (Jugong 3 blocks), Gaepo-dong (Useong 3 blocks), Mok-dong (5 blocks), or Apgujeong-dong (Hyundai 3 blocks). I wouldn't be surprised if the upscale Apgujeong moved first, and made the most of these tailor-suited gifts. Nowon seems also ripe, and there's a shortage of big apartments in this former bed town gone middle class. Some apartment blocks will grow taller and more exclusive, others will struggle to find investors. 

What bugs me most is what will happen to the rest of Seoul. This remains a non-zero sum where even winners in the short term can lose in the long run. Giving free reins to private developers could help speculation return to LEE Myung-bak-era levels, and torpedo the nascent efforts to develop a more consistent and sustainable urban planning. 

The risks are well known, and the cases of urban failures across Seoul already well documented. This is the last opportunity to apply a sustainable vision for urbanism in Seoul, and certainly not the moment to let anyone do anything anywhere. 

Good or bad, the years that come will define Seoul's cityscape for good, and local authorities cannot wash their hands of the future of the capital and its citizens.

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* e.g. Korea JoongAng Daily 20140902: "Apartments to be rebuilt sooner" and "Deputy prime minister, mayor talk cooperation"

Wednesday, December 7, 2011

You bet

There was an article about lotteries in Korea in Tuesday's Korea JoongAng Daily*.
What struck me was not the boom in bets, a classic in times of crisis, but the picture illustrating the article: I've known this store in Sanggye-dong for 15 years.

It used to be a small convenience store at the Southeastern corner of Sanggye Jugong Apt 10 Danji, between Madeul and Nowon stations, at the intersection of Dong-ro (the vertical backbone East of Jungnangcheon, along subway Line 7) and Nowon-gil / Banghwa-ro. That's a major crossroads surrounded by densely populated appartment blocks (clockwise: Jugong 7, 9, 10, and a medium-sized Daelim complex), but a rather quiet place because of the local urban development model. Like Jamsil, Nowon has been redevelopped during the eighties following a basic scheme: tombstone buildings lined up along a wide highway, with shopping areas concentrated near subway stations, except for small peripheral clusters like this one.

This store also happened to sell Lotto tickets, and one day, one customer won the national grand prize. Then it happened again, and I remember how people started talking about it. The place soon gained a reputation of lucky charm, drawing players from all over the country like a magnet. And a genuine big win epidepic followed, feeding the buzz. Last time I passed by they had already claimed a dozen or so grand prize, including two almost in a row.

Over the past decade, the place has radically changed: most of the space is now reserved for lotto players, who can write down their hopefully winning combos on large tables. Non-lotto sections, reduced to the minimum, propose mostly snacks and side dishes for players.

I don't know how many gazillion wons are spent every week on tickets in this mecca of Korean lotto, but probably too much for such a not so affluent area.

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* "
As economy dips, Koreans say 'You never know'" (Korea JoongAng Daily 2011106)

Sunday, July 26, 2009

Seoul Subway Line 9

The long expected Seoul Subway Line 9 (Gimpo Airport - Bangi-dong) has eventually been inaugurated on July the 24th, 2009.

Basically, the new line draws a perfect big smile under the pure Offenbach moustache of the Hangang :
- the fist section inaugurated Friday (25 stations out of 37) stretches from Gaehwa Station (Gimpo Car Depot in Gaehwa-dong) to ShinNonhyeon Station (on Bongeunsa-ro, near the Ritz Carlton Hotel), connects with all North / South lines, focuses on major business hubs (Gimpo Airport, Yeouido, Express Bus Terminal, Gangnam-gu), and of course improves public transportation coverage, most noticeably in Gangseo-gu.
- a second effort will connect line 9 with line 2 at the Jamsil Sports Complex (5 more stations), and
- a final (?) tail shall reach the frontier with Hanam city (not before 2015)

Line 9 starts in Ganseo-gu by completing a loop around Gimpo Airport with Line 5 : both lines connect at Gimpo Airport Station itself (where they meet the A'REX train, which leads to Incheon Airport) and backstage, there is a direct link between Banghwa car depot and Gimpo Car Depot. Line 9 creates two stations West and East of Gimpo Airport Station : respectively Gaehwa Station and Airport Market Station.

After that, the new line darts towards its next hub, Yeouido, mainly along Yangcheon-gil, a big street parallel to the river. Filling the big gap North of Line 5, it drops a lot of new stations on the way : Sinbanghwa, Magongnaru (to be connected to AREX), Yangcheon Hyanggyo, Gayang, Jeungmi, Deungchon, Yeomchang, Sinmokdong, and Seonyudo.

At Dangsan Station, Line 9 starts connecting with all the lines linking Gangbuk and Gangnam (both sides of the river) :
- Line 2 at Dangsan Station
(1 new station between Dangsan and Yeouido : National Assembly)
- Line 5 at Yeouido Station
(1 new station between Yeouido and Noryangjin : Saetgang Station - the island is now fully covered with 4 stations forming a cross between lines 5 and 9)
- Line 1 at Noryangjin Station
(2 new stations between Noryangjin and Dongjak : Nodeul and Heukseok / Chung-Ang University - NB: Noryangjin area is under renovation well beyond the market with a major newtown)
- Line 4 at Dongjak Station
(2 new stations between Dongjak and Express Bus Terminal : Gubanpo and Sinbanpo)
- Line 3 and Line 7 at Express Bus Terminal Station (more than ever a key hub)
(2 new stations after EBT: Sapyeong and Sinnonhyeon)

In its further developments, Line 9 will keep following Bongeunsa-ro between the parallel lines 2 and 7, until it connects with the former at Sports Complex Station. That's an area dense with hotels which for sure will benefit from a direct connection to Seoul airports. The four new stations between Sinnonhyeon and Sports Complex will be Samjeong, Samneung, Bongeunsa, and COEX.

Note that Samneung Station will also belong to the Bundang Line, another strategic North / South axis between Wangshimni and Suwon. The bulk of that line is already operational, between nearby Seollung Station and far away Bojeong Station (in Yongin city). The Wangshimni-Seollung section seems to be proceeding well, visibly with the help of many Cambodian workers : I noticed bilingual Korean-Cambodian signs on the construction sites at Seongsu / Seoul Forest. By the way : Wangshimni, surrounded with its new towns, will become a major transportation hub, with new connections to Seoul Station and future Gyeonggi-do express train systems.

But let's move back to our Line 9. After Jamsil Sports Complex, it should snake its way NorthEastwards, in the direction of Hanam city, filling some gaps in Songpa-gu subway network and establishing new connections. The last 7 stations shall be : Jamsil, Samjeon, Seokchon (connection with Line 8), Songpa (not far from Mongchontoseong Station - Line 8), Bangi, Olympic Park (connection with Line 5), and Oryun.

Overall, Seoul's extended metropolitan network keeps growing new tentacles at a very interesting pace. I was used to a Seoul with 4 subway lines plus the old Korail network, and after a spectacular boom during the 90s, densification seems now well advanced. Other cities grow new lines, connect to each other. Songdo stations just opened on time for the Incheon Festival.

Many areas remain poorly served, but light trains are also multiplying. Sometimes at a price : this week-end, five people were killed in Uijeongbu as a steel frame collapse during the construction of a light train bridge. Line 9 remains underground except for its first station.


NB: Line 9 is neither operated by Seoul Metropolitan Subway Co nor by Seoul Metropolitan Rail Transit Co, nor by Korail, but by a new and dedicated structure operated by Veolia Transport (website metro9.co.kr not in English version yet).

Monday, June 18, 2007

Nowon-gu

Copyright Stephane MOT
Nowon-gu (노원구; ) is Seoul's Northeastest and most populated district.
Population : 619,509 inhabitants (2006)
Area : 35.44 km² (max 6 km W-E, max 9 km N-S)
City Hall and official website : http://english.nowon.seoul.kr/.

Photo : "Nowon noway" (2004 - Copyright Stephane MOT)

Geography :

Nowon's main frontiers are :

  • to the West, the Jungnangcheon. Part of the district (Wolgye-dong) lies on the other side of this confluent of the Han river which also separates Nowon from Dobong-gu.

  • to the East, Buramsan and Suraksan mountains (and beyond, the city of Namyangju)

  • to the North, the city of Uijongbu

  • to the South, the district of Jungnang-gu (plus Seongbuk-gu for Wolgye-dong)
Nowon consists of 24 dong and 5 major areas (see map) :
  • Sanggye - North (10 dong)

  • Junggye - Center East (5 dong)

  • Hagye - Center South (2 dong)

  • Wolgye - South West (4 dong)

  • Gongneung - South East (3 dong)

History :

Originally a quiet and flat valley of fields dotted with a few villages of farmers (some names do subsit - ie Madeul Station), Nowon was untill 1988 the Eastern part of Dobong-gu.


The new "gu" was meant to become a bed town for the booming population, mainly newly formed households who couldn't afford more central areas. Like in Jamsil, this massive development included from the start tens of blocs of 5 to 15 storey appartment buildings. But here, most appartments were small and remote from the new city centers.

Yet, thanks to its strong internal / demographical dynamics, Nowon managed to grow from a cheap bed town into a major hub at the North of the capital, with a soul of its own and Nowon Station at its heart :
  • transports : the crossroads of subway lines 4 and 7 will also welcome a major city air terminal bound to serve the North of Seoul and the neighboring cities. The old train terminal will be relocated in Namyangju and the Dobong driving center in a more remote area of the district).

  • commerce : all businesses and national / international franchises, including a Lotte Department Store born a medium range Midopa Department Store in 1992 and now the most luxurious store in North East Seoul. The city air terminal will also host a major commercial center.

  • services : the city hall, major corporations' local branches, plus all the district's motels are near the station.

  • culture : the baby boomers turned teenagers boost the Dept Store's movie theaters, and the local cultural center regularily proposes foreign shows. A new stadium is under construction.

  • environment : Sanggye's central area is getting greener. Closer thant the old mountain's regional parks : the Jungnangcheon's riverside park, the future central park, restoration of a smaller stream...
The most select area of the gu, Junggye, remains the hottest spot for schools and housing (plus many important stores, including a Lotte Mart and a Carrefour turned Homever in 2006). A new subway line will connect Eunhaeng Sageori / 은행사거리 (Crossroads of the Banks), a major center. Between Nowon and Eunhaeng Sageori, the small stream joining Suraksan and Bulamsan mountains to Jungnangcheon, Danghyeoncheon (당현천), will be restored and could become an important cultural axis.

Sanggye New Town will totally reshape Danggogae Station area... destroying some of the few slums remaining after the completion of Seoul's circular highway 100. The remote Junggye maeul is also disappearing. I had the time to take a few pictures of both before realtors took the rest...

Nowon was meant as a popular district, as in popular for the people. Traditionnaly spared by the real estate bubble, Nowon is now getting popular for investors as well, and many Gangnam-gu speculators have recently contributed to a dramatic rise in housing prices. Many blocks are being redevelopped and all the ingredients of a pleasant place are already there.

Stephane MOT 2006

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