MRED Around the World student Adam Loser sends a report from Seoul, South Korea, about the group’s visit to Songdo, home of a new global university that includes the University of Utah’s participation, as well as a few company visits.
Today we started the day out on the Korean children’s holiday traveling to one of the world’s largest master-planned developments, Songdo. Located just outside the city of Incheon, Songdo is a $35 billion public/private city master-planned by Gale International, in partnership with POSCO E&C as a principal general contractor, and the Korean government.
For several years, the underlying seabed was the fill site from many of the nearby underground excavation projects, including Seoul’s subway system, one of the world’s largest and best-ranked. Now as a reclaimed city, Songdo boasts more than 1,500 acres of land with over 100 million square feet of buildings, comprised of 40 million commercial, 35 million residential, 10 million retail, 5 million hospitality, and 10 million of public space. Songdo is positioned to serve as a business hub for Northeast Asia. Located directly adjacent to the world’s highest-rated airport, Incheon International, Songdo’s location is optimal for reaching the Northeast Asia region and its rapidly growing markets. Over one-third of the world’s popula