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Case
| HBS Case Collection
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2012
(Revised from original 2005 version)
New Songdo City
by
Arthur I Segel, Brandon Blaser, Gerardo Garza, Albert Kim, John Richard and Andrew Murphy
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Abstract
The government of South Korea has chosen John Hynes and Gale International to construct New Songdo City. This is an entirely new city, about the size of Boston, between the new Incheon airport and the capital of Seoul. The proposed city is the government's attempt to create an Asian financial and business center to rival Shanghai and Tokyo. But how to design, market, build, and finance a whole city is up for grabs. Is this the typical developer hubris or can it really work?
Keywords: Buildings and Facilities;
Urban Development;
Construction;
Design;
Weather and Climate Change;
South Korea;
Citation:
Segel, Arthur I., Brandon Blaser, Gerardo Garza, Albert Kim, John Richard, and Andrew Murphy. "New Songdo City." Harvard Business School Case 206-019, June 2012. (Revised from original September 2005 version.)