Seoul City Grants GBC Construction Permit on the 6th: "Prioritizing Construction Safety and Civil Complaints Response"

Aerial view of Hyundai Motor Company's new headquarters Global Business Center (GBC) /

[Asia Economy Reporter Yuri Kim] On the 6th, the Seoul Metropolitan Government announced that it has accepted the construction commencement report for Hyundai Motor Group's Global Business Center (GBC) new building project and issued the construction commencement certificate. This comes five months after the building permit was issued on November 26 of last year.

After the building permit, GBC completed excavation and structural safety reviews, approved the safety management plan, and finalized the licensing procedures by submitting the construction commencement report.

GBC will be located in Samseong-dong, Gangnam-gu, Seoul, with a total floor area of 913,955.78㎡, spanning 7 basement floors to 105 above-ground floors. It is a large-scale complex facility including office spaces, lodging facilities (tourist accommodations), cultural and assembly facilities (performance halls, assembly halls, exhibition halls), tourist rest facilities, and retail facilities, scheduled for completion in the second half of 2026.

The city stated, "During construction, comprehensive measures regarding safety and health environment factors will be established and implemented, and comprehensive countermeasures for traffic issues will be devised." In this regard, the city plans to form a technical advisory group to comprehensively respond to safety accidents and disaster situations to ensure citizen safety. To prevent traffic congestion caused by construction vehicles, a 'Traffic Countermeasure Task Force (TF)' will also be operated by supplementing the database on surrounding traffic facilities and monitoring traffic conditions during construction.

The Seoul Metropolitan Government said, "Together with Gangnam District Office and the project operator, we will establish and implement measures step-by-step after commencement to minimize resident damage and complaints."

This content was produced with the assistance of AI translation services.