Hyundai Global Business Center


Hyundai Global Business Center is a 105-floor, supertall skyscraper which began construction in May 2020 in Samseong-dong, Gangnam District, Seoul.

History

Construction has begun in 2016 with the demolition of the existing KEPCO building in May 2016. The actual construction begun in May 2020 with an opening planned for 2026.
The Hyundai Motor Group had previously planned to construct a 553-meter-tall building, but had to revise it to 569 meters due to some systemic issues.
The building complex will stand on a floor space of 926,162 meters to house the new headquarters building with 105 floors on a 560,443-square-meter space. The building will also host a 155,082-square-meter hotel and facility building with 35 floors, 67,768-square-meter concert hall with 9 floors, 68,895-square-meter convention center with 6 floors and 20,006-square-meter exhibition hall with 4 floors, according to the draft. An observatory will be located on 553 meters above the ground as originally planned. The concert hall with 2,000 seats will become the largest one in Gangnam. The Hyundai Motor Group will also build a sunken square connecting the complex to the underground of Yeongdong Bridge, public open space and public pedestrian passage, the group said in the draft.