Parc1


Parc1 is a complex of buildings in Yeouido, Seoul, South Korea. It stands tall and contains 69 floors. Construction stopped in 2011 but resumed in early 2017.

History

Parc1 is a US$1.5-billion shopping/hotel/office complex realized by Skylan Properties Korea Ltd., a foreign-invested property development and management services group with offices in Seoul, Beijing and Kuala Lumpur. Morgan Stanley, a global investment bank, was engaged as the financial advisor to arrange financing for the project.
Parc1 was the current Tongil Parking Lot site, a 46,465 square metre plot set between financial and residential districts and bordering Yeouido Park.
Designed by architect Lord Richard Rogers, chief architectural advisor to the mayor of London, the central structure will be a six-story glass mall, offering space for 400 stores.

Structures

  • Tower I
  • Tower II
  • The Hyundai Seoul
  • Fairmont Ambassador Seoul

    Notable tenants

  • NH Investment & Securities
  • LG Energy Solution