Songdo International Business District in South Korea is a prime example of a new city that brings together the world’s best technologies, building design and eco-friendly practices to create the ultimate lifestyle and work experience. Built from the ground up on reclaimed land near the Yellow Sea, the $35-billion-dollar Songdo project is a model for smart cities around the globe.
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.
Smart: the model for next generation cities
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.
A look at Songdo IBD to date:
- Over 20,000 residential units are occupied or under construction.
- 36,000 residents currently live in Songdo IBD (90,000 in Songdo City).
- Over 1,000 retail and hospitality businesses are open and operating.
- Over 1,600 domestic and global companies are currently located in Songdo City, with 60,000 employees.
The Daily Conversation made a nice video on the development of Songdo.
Smart City As A Service (SCaaS): South Koreas new export product
South Korea is ambitious about exporting its advanced smart city technology and experience. Another model city is the city of Bundang. Bundang is one of South Korea’s wealthiest and highest developed areas, being the nation’s first and largest completely artificial city built in the early 1990s. Many high-rise luxury condos moved in the early 2000s, with a second planned city built in the late 2000s called Pangyo in the same district.
Secondly, we already reported that South Korea was exporting its smart city project into Kuwait. In Kuwait, LH will build a four billion dollar project. The name of the city will be South Saad Al-Abdullah and will provide accommodations for between 25,000 — 40,000 families. The new city will be 15,913 acres in size. Construction will start in 2019.
You mays also want to take a look at this video about the future of cities in general.