AK Plaza to Open 'AK&Gwangmyeong' This October

Commercial Facilities in Large Complex Cultural Space, 46,305㎡ with 3,200 Parking Spaces
"Building a New Type of Shopping Mall Combining Shopping and Media"

AK & Gwangmyeong perspective view.

[Asia Economy Reporter Yuri Kim] AK Plaza revealed on the 8th the bird's-eye view and main facilities ahead of the opening of 'AK&Gwangmyeong' in Gwangmyeong, Gyeonggi Province, scheduled for October.

AK Plaza aims to develop AK&Gwangmyeong into a large-scale complex cultural space. It plans to offer shopping, culture, and accommodation experiences all in one place. The site area is 74,182㎡ (22,440 pyeong), the total floor area is 643,306㎡ (194,600 pyeong), and the sales area is 46,305㎡ (14,007 pyeong), with parking available for approximately 3,200 vehicles.

In addition to the commercial facility AK&Gwangmyeong, the complex cultural district will house ▲media creation facilities ▲premium office spaces ▲section offices ▲hotel ▲multiplex theaters. For the 'Molkokjok' (people who prefer staying inside), it plans to provide a variety of unique experiences such as a mobile live broadcast studio, XR immersive performance halls, concerts, and e-sports events.

AK&Gwangmyeong is located at a transportation hub where four railways and five expressways intersect. The KTX, Second Gyeongin Expressway, Seohaean Expressway, and Suwon-Gwangmyeong Expressway pass through, and railway networks such as the Wolgot-Pangyo Line and Sinansan Line, scheduled for completion in 2024, are also expected to be established. It is also a metropolitan commercial area with about 680,000 workers related to industrial complexes such as Chung-Ang University Gwangmyeong Hospital and Gwangmyeong International Design Cluster.

Meanwhile, 'AK&' is an NSC (Neighbourhood Shopping Center) brand operated by AK Plaza, expanding stores through a regionally specialized opening strategy. AK&Gwangmyeong is the fourth AK& store following Hongdae, Giheung, and Sejong.

AK Plaza signed a business agreement with Gwangmyeong City and the local small business association in February, amid growing interest as Gwangmyeong was recently selected as a 3rd phase new town development area. They agreed to continue activities for the development of the distribution industry and social contribution, including scholarships and welfare support for underprivileged groups, job creation within the region, marketing support for small businesses, and providing spaces.

Kim Jae-cheon, CEO of AK Plaza, said, "AK&Gwangmyeong will reflect the rapidly changing lifestyle by providing a one-stop shopping regional community space and will establish itself as a complex entertainment shopping mall that everyone from the MZ generation (Millennials + Generation Z) to families can enjoy. We plan to offer new and diverse experiences so that anyone can enjoy everything from shopping to healing."

AK&Gwangmyeong Interior Rendering.

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