There are 530 brands operating boutiques at the department store, and the number will increase to over 1,000 once construction is completed. To be qualified as a mega shopping mall, more restaurants will be added, along with an art gallery, bookstore, pet playground and a park on the rooftop of the newly constructed building. Shinsegae Department's Centum City branch in Busan is the biggest. After construction is completed, the Gwangju branch will become Korea's second biggest department store. It will be called Gwangju Shinsegae Art & Culture Park, and construction will start next year. Shinsegae Department Store announced Wednesday it will build additional facilities on a 132,230-square-meter area next to the venue. It is currently on a 37,000-square-meter piece of land. The Shinsegae Department Store in Seo District isn't considered a mega shopping mall, but it will be expanded to become one. The company announced in July a mega mall project on a 310,000-square-meter (3.3-million-square-feet) plot of land in Buk District, Gwangju. Hyundai Department Store is also planning to build a mega shopping mall in the city. Kang Gi-jung, the current Gwangju Mayor, also promised one for the city while running in local elections in June. President Yoon Suk-yeol pledged a mega mall in Gwangju during his election campaign in March. Gwangju is the only major city in Korea that doesn't have a mega shopping mall, and that fact has become a political issue. "We will do our best to finalize creating a construction master plan and go through necessary administrative procedures so we can start construction," said Im Young-rok, CEO of Shinsegae Property, at a press conference Wednesday. A specific timeline for construction wasn't presented.
A water park and an entertainment center, where visitors can play sports and games, will be built at the venue. Around 300 brands will open their stores in the Starfield mall.
COEX in Gangnam District, southern Seoul, and other Starfield malls are some examples. Mega shopping malls are bigger than regular malls and department stores, having various facilities, such as theaters, restaurants, outdoor parks and hotels. The mall, tentatively called Starfield Gwangju, will be built in the Seo District, Gwangju, near the Eodeungsan Tourist Complex, according to the Emart subsidiary. Korean media regulator to expand probe on app stores for unf.Īdvance virus testing removed for all entrants to Korea rega.A rendering of Starfield Gwangju Shinsegae Property is building a mega shopping mall in Gwangju, joining the race to develop retail of scale in the city. Naver Z teams up with Thai teleco True to expand Zepeto meta. Sales of Galaxy Z Flip 4, Z Fold 4 doubling their predecesso. Secondary stock offering in fashion among smaller Korean Inc. Samsung and LG vie in smart control over home chores at IFA. Kakao becomes latest big tech in Korea to roll back hiringĪctivist fund protests to SK discovery’s buy of SK chemical. Samsung and LG vie in smart control over home chores at IFA themed on hyperconnectivity Sales of Galaxy Z Flip 4, Z Fold 4 doubling their predecessors in Europe Korea’s inflation softens to under 6% Aug on easing in fuel import prices GS Caltex mulls refining facility conversion into petrochemicals Retailers migrate from stock to bond market in Korea, with net buy at record $7.5 bn Seoul, HMG scurry to respond to US IRA stripping of tax credits to Korean EVs Number of big paying employers increases in Korea amid digital demandĬasCure Therapeutics aims to market cancer cure gene-editing in 5-10 yearsĬelltrion Healthcare to directly market all biosim lineup in Europe in H2 “We hope it will serve as a central shopping hub for not just the 1 million population of Changwon but also neighboring big cities such as Busan and Daegu.” “Starfield Changwon will host a range of shopping, cultural and entertainment facilities to establish itself as a landmark shopping mall in the region,” said an unnamed official at Shinsegae. Shinsegae estimates the Changwon outlet to generate 1 trillion won and hire up to 17,000 workers. It is readying more openings in Anseong, Gyeonggi Province and Cheongna, Incheon. Shinsegae has since then opened one in COEX mall, Seoul, and most recently in Goyang, Gyeonggi Province. The company has been expanding the Starfield chain after the first opening in Hanam, Gyeonggi Province in 2016 became a hit, drawing over 25 million visitors a year. The mall, commanding an area of 300,000 square meters, will be slightly smaller than the one in Goyang, which opened in August as the largest indoor shopping mall in northwestern Seoul. The retailer said on Sunday it will build its fourth Starfield mall in Changwon, South Gyeongsang Province, at a former military base it bought for 75 billion won ($68.6 million) in May last year. Starfield Goyang South Korean retail giant Shinsegae is branching out of the capital area with its mega shopping mall brand Starfield.
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