Songdo International Business District (Songdo IBD) is a $35 billion smart and sustainable city that is setting new benchmarks for urban development.
Songdo International Business District (Songdo IBD) is a $35 billion smart and sustainable city that is setting new benchmarks for urban development.
Today’s thriving metropolis is the result of a unique and long-term public-private partnership. Since 2001, that partnership has undertaken the development of Songdo IBD—from the initial master planning and implementation of advanced infrastructure, to the design and development in subsequent phases, and finally to the vitalization of the city.
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Songdo IBD lies at the heart of a larger urban area: Songdo City, located within the greater Incheon Metropolitan City. Here’s why this location is important:
1/3 of the world’s population is accessible within a 3 ½ hour flight from Incheon International Airport.
Travel times to major Asian cities:
Domestic travel times:
Developed on 1500 acres (6 sq km) along Incheon’s waterfront, Songdo IBD is designed around the people who live and work there. It is a city in perfect balance, combining the ideal mix of residential, cultural, business, retail, and recreational environments.
Hospitality 5 million SF (464,000 ㎡)
Public Space 10 million SF (929,000 ㎡)
100 millionsquare foot new city on 1,500 acres.
Commercial40 million SF(3.7 million sq m)
Residential35 million SF(3.25 million sq m)
Retail10 million SF(929,000 sq m)
By partnering with multinational technology companies, local service providers, and government organizations, Songdo serves as a proving ground for next-generation “smart” city solutions.
In addition to the widespread implementation of the U.S. Green Building Council’s LEED™ standard, 40% of the city has been set aside as green public space. Songdo offers residents, visitors, and businesses an idyllic and sustainable place in which to live, work, and play.
The city is a global leader in achieving LEED™ standards for the built environment:
A look at Songdo IBD to date:
Songdo is the host city of:
