According to Business Insider and a number of other real estate development outlets, the “Dream Hub” project in Seoul Korea that drew designs from internationally renowned architects including Daniel Libeskind -designer of the master plan – MVRDV, Dominique Perrault, BIG, REX, KPF and Tange Associates is on the verge of collapse. The Yongsan Development Corporation reportedly defaulted on a major loan repayment, citing difficulties in raising funds due to the real estate slump since the 2008 global financial crisis. The collapse of the project is still speculative, as it is unclear how the next round of loans that are to mature in June will fare.
The $28 billion real estate “Dream Hub” project was to develop 56-acres in central Seoul into a modern business hub. In its planning it included shopping malls, hotels, department store, apartment blocks, and mixed-use office towers. Follow us after the break for a recap of the projects that were planned for this development.
Architects: Joh Sungwook Architects
Location: Seongnam, Korea
Design Team: Joh Sungwook, Kim Chin Kyung
Area: 346.63 sqm
Photographs: Kim Yong Kwan
This amazing South Korean film tries to express captivity and its consequences for an escaped hostage. A range of spaces, from underground rooms where the crime operates to luxury apartments owned by the leaders, reveal a mix of carefully prepared colours and compositions, with patterns on the walls, strong contrasts and several kinds of lighting atmospheres. Enjoy and let us know your ideas about architecture and captivity in the comments!
Designed by DMP Partners, their winning proposal for the Sejong Art Center (SAC) is composed of two theaters, a main theater with more than 800 seats, a medium sized theater with 300 seats, a film theater with 250 seats, and an art gallery. Located in the international cultural area between nature-scape and urban-scape, the building combines nature and city through its straight, linear shape. This form is applied in accordance with the city and its curvature shape is in accordance with nature to create a comfortable feeling. More images and architects’ description after the break.
Designed by Archiplan, their second prize winning proposal for the Performing Arts Studio of the National Theatre of Korea is an extension design concept for the performers practice facilities in the basement of the existing plaza. The main issue is the vitalization of the environment which is now ‘blocked’ by the retaining wall on the edge of the main road and by the steep slope that makes a disconnection of the site. By embracing art, culture, and the city itself, this proposal connects the two-dimensional old theatre-plaza and the nearby park to link the performer and the citizens while allowing the art and culture flow well. More images and architects’ description after the break.
As the main ice sports facility for the 2018 Pyeongchang winter olympic games, the master plan proposal by Idea Image Institute of Architects (IIIA) has expressed local natural specific characteristics which is very beautiful and clean based on the New horizons, which is the vision of 2018 Pyeongchang Winter Olympic games. Their design concept for the speed skating arena has beautiful shapes inspired by dynamic movement of speed skaters. More images and architects’ description after the break.
Architects: Mass Studies
Location: Jeju Province, South Korea
Architect In Charge: Minsuk Cho, Kisu Park
Design Team: Kim, Jisoo Kim, Sungpil Won, Nikolas Urano, Sebastien Soan, Junghye Bae, Jangwon Choi, Kwonwoong Lim, Youngjoon Chung, Bhujon Kang, Zongxoo U, Taehoon Hwang, Sangkyu Jeon, Younkyoung Shin, Vin kim, Daeun Jeong, Yuseok Heo, Kyungmok Park, Wonbang Kim, Jieun Lee, Sanghoon Lee, Songmin Lee
Area: 1,095,000 sqm
Photographs: Kyungsub Shin, Yong-Kwan Kim
Architects: Coop Himmelb(l)au
Design Principal / Ceo: Wolf D. Prix
Project Partner: Michael Volk
Project Architect: Günther Weber
Design Architects: Martin Oberascher, Jörg Hugo
Project Team: Sergio Gonzalez, Rob Henderson, Guthu Hallstein, Matt Kirkham, Veronica Janovska, Dieter Segerer, Markus Baumann, Jasmin Dieterle, Anja Sorger, Jana Kucerova, Jan Brosch, Ivana Jug
Client: Municipality of Busan: Kim, Byung-Heui; Cho, Seung-Ho; Chai, Young-Eeon; Seo, Myoung Seok
Photographs: Duccio Malagamba, Courtesy of Coop Himmelb(l)au