Gale International, together with its domestic partner, POSCO E&C, and its public sector partner, Incheon Metropolitan City, is leading the largest Korea-US joint real estate venture in history: Songdo International Business District (IBD). The $35 billion project is the product of a unique public-private sector partnership that has created thousands of jobs on the Korean peninsula and infused vitality into the local Incheon Metropolitan City economy.

Located on 1,500 acres on the western coast of South Korea, Songdo IBD is positioned to serve as a business hub for Northeast Asia. Located directly adjacent to the world’s highest rated airport, Incheon International Airport, Songdo IBD’s location is optimal for reaching the Northeast Asia region and its rapidly growing markets.

Working with the world renowned architectural firm, Kohn Pedersen Fox, Gale International has led the master plan process since the project’s inception in 2000, developing a city-scale living and working environment inspired by the great metropolitan areas of the world. Songdo IBD is also one of the world’s most sustainable cities and boasts the highest concentration of LEED-certified projects in the world.

The multi-phase development plan is underway, with an expected completion date of 2018. Gale International, together with its domestic partner POSCO Engineering and Construction, and its public sector partner, Incheon Metropolitan City, is building a city that will serve as the Northeast Asia region’s innovation center and hub of commerce. For over 10 years this successful public-private partnership has led one of the largest real estate endeavors in history. Gale International remains firmly committed to seeing the Songdo IBD project through to its successful completion.