‘Luxor Putseu Biz Tower’, Attracts Attention with Expanded Investment in Cheonan Area

[Cheonan Luxor First Biz Tower Expected Perspective, Source=Luxor First Biz Tower]

Samsung Electronics is recently investing in expanding the existing Samsung Display LCD production line in the advanced strategic industry cluster area of Cheonan into a packaging line for mass production of High Bandwidth Memory (HBM). An investment worth 53.7 trillion KRW is expected over the next 10 years, which is anticipated to further enhance the value of knowledge industry centers such as the Cheonan 2nd General Industrial Complex and Luxor First Biz Tower.

Located just 900 meters from Samsung Display’s Cheonan Campus, where Samsung Electronics’ investment is underway, Luxor First Biz Tower sits on a land area of 10,208m2 with a total floor area of 63,159m2, spanning from one basement floor to 12 floors above ground. It offers state-of-the-art facilities including manufacturing and office-type knowledge industry centers, dormitories, rooftop gardens, and electric vehicle charging stations. Neighborhood amenities such as meeting rooms, cafeterias, convenience stores, and cafes are also supported.

In particular, practical space designs such as a drive-in system and door-to-door layout provide a creative working environment for knowledge industry workers. The parking capacity totals 489 spaces, which is a generous 314% of the legally required parking spaces, and an advanced security system operates to ensure user convenience.

The dormitories within Luxor First Biz Tower are available for individual sale despite amendments to related laws. Not only does it provide a modern working environment for advanced strategic businesses and knowledge industry workers, but it is also the only knowledge industry center newly supplied in the Cheonan area equipped with dormitory facilities, enhancing convenience and efficiency in daily life to support a differentiated work environment. Furthermore, it is offered at a highly economical price of around 4 million KRW per pyeong, which is competitively priced compared to the average supply price of 6 million KRW per pyeong for typical knowledge industry centers supplied in Cheonan.

It boasts excellent transportation accessibility to metropolitan areas such as the Seoul metropolitan area, Gwangju, and Daejeon, as well as outstanding compatibility with marine logistics distribution networks like Pyeongtaek Port and Dangjin Port. Public transportation infrastructure includes Jiksan Station on Seoul Subway Line 1 and Cheonan-Asan Station on the KTX, along with major road infrastructure such as National Route 1 and the Gyeongbu Expressway. With the scheduled completion of the Cheonan-Cheongju Airport double-track railway in 2024, the 2nd Gyeongbu Expressway in 2025, and the Cheonan-Dangjin Expressway, the distribution of human and material resources is expected to become even more active.

A sales representative stated, “The value of a knowledge industry center depends on how closely it is connected to the startup ecosystem within the region. The future of a knowledge industry center changes depending on how innovative development is possible and whether unlimited growth can be achieved based on cooperation with the local community.” He added, “Luxor First Biz Tower is more than sufficient as a foundation where various companies and institutions can flourish successful business activities, based on the advanced strategic industry and knowledge industry ecosystem in Cheonan, where aggressive investments are underway.”

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