Gangnam-gu mayor’s request for an interview with Chairman Eui-seon Chung’s GBC design change

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GBC aerial view

Regarding the design change of the Global Business Center (GBC), which Hyundai Motor plans to build in Samsung-dong, Seoul, Gangnam-gu Mayor Jeong Soon-gyun said, “It must be carried out as the original plan,” and requested an official interview with Hyundai Motor Chairman Eui-sun Eui-sun.

In a public post posted on Facebook this evening, Mayor Jeong wrote, “We made an official request for a meeting with Hyundai Motor Company Chairman Eui-seon Eui-seon today to urge the promotion of the original draft on the 105th floor.”

At the site of the former KEPCO in Samseong-dong Hyundai Motor (005380)The GBC, which the group decided to build, is planned to be 569m high, and it will be the tallest building in Korea as planned. Currently, the highest building in Korea, Lotte World Tower in Sincheon-dong, Songpa-gu, has 123 floors and is 555 meters high.

The city of Seoul gave out GBC’s construction permit in November 2019 and a certificate of start of construction in May 2020.

“If GBC is completed six years later, it will become the tallest building in Korea and become a landmark in Korea.” “It is expected not only as a landmark building, but also creating 1.25 million new jobs and an economic effect of 268 trillion won. It is a large project that contains the wishes of our Gangnam-gu residents who wish for development.”

He said, “But since last November, rumors of a design change to two buildings on the 70th floor and three buildings on the 50th floor have been spreading, and this year, media reports that it is being organized into three buildings on the 50th floor is an absurd situation.” He expressed displeasure in the theory of change.

He said, “If you check with Hyundai Motor in this or that media report, it is a position that’the fact of the design change review is correct, but nothing has been reported or confirmed to the chairman.'” He said, “It is’unplanned’ about the design change (Snow) right after the first report last November. Contrary to the reaction (what was shown), Hyundai Motor Company is now also making design changes as the default.”

Mayor Jung expressed his regret as the mayor of the competent ward, saying, “I have doubts about the high level of media play.”

He said, “Of course, it is common for large-scale construction-related projects to change their design on the way due to company circumstances or other reasons,” he said. If changes are needed, the process must be carried out with pride and transparency,” he stressed.

/ Reporter Park Yoon-sun [email protected]

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