Overview of the Multi-functional City
- The airport is undergoing a transformation into a vast industry that generates high added value to cultivate diverse sectors such as logistics, culture, tourism, and commerce, expanding far beyond its conventional role as a mere landing space for aircraft. In keeping with global trends, countries are strategically investing in their airports; Incheon International Airport is also gearing up to evolve into an airport city with ambitions to become a thriving hub for tourism and business in Northeast Asia.
- The initial phase of the International Business Complex (IBC-I) and the 5th runway (golf course) are currently under development. Simultaneously, we are seeking investments for both IBC-I and IBC-II and working on the development of a resort complex in IBC- III to attract additional investments. The development of the airport city is projected to strengthen support for the airport, stimulate new demand in aviation, and contribute to both national and regional growth.
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1 Phase 1 of International Business Center 1
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Total Project Cost : KRW 666 billion
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Facilities : 4 officetel buildings, medical center, Grand Hyatt Hotel, Best Western Hotel, etc.
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2 Phase 2 of International Business Center 1
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Phase 1 Construction : Opened in April 2017
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Total Project Cost : KRW 2.2 trillion
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Phase 1 : Hotel (796 rooms), Casino, etc.
(Total cost: KRW 1.5 trillion) -
Phase 2 : Commercial facilities, International conference rooms, etc.
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3 1st International Business District 2-2:
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Racing facilities, indoor activity facilities, etc. (59,000 ㎡)
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Facilities : KRW 2.2 trillion
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4 Orange Dunes & Yeongjong Golf Club
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Total Project Cost : KRW 40 billion
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Project Area : 825,000 ㎡
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Facilities : Golf course (18 holes) and auxiliary facilities (Opened in June 2021)
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5 T1 Long-term Parking Lot Site Landmark
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Site Area : 380,000 ㎡
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Combining passenger processing functions (ticketing, parking, etc.) with cultural and artistic elements to create a representative landmark (tourist attraction)
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6 Southern Water Retention Pond (Water Park)
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Project Area : 400,000 ㎡
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Racing Training Center : Training facilities, accommodations, maintenance facilities, lecture rooms, etc.
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Nest Hotel : Hotel with 370 rooms, convention facilities, F&B, etc.
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7 3rd International Business District (Inspire IR)
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1A Phase (461,000 ㎡, KRW 1.5 trillion for integrated leisure facilities)
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Three hotel buildings with 1,275 rooms, casino, arena, full-dome, etc.
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Scheduled for completion in September 2023
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8 MRO
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Maintenance, Inspection, Disassembly, and Repair Complex for Safe Aircraft Operation
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Hangars, engine parts MRO facilities, maintenance, training centers, etc. forming a one-stop MRO cluster
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9 FBO
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Providing services for business aviation (General Aviation)
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Dedicated terminal, apron, hangars, and other related facilities
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10 Art Storage Development Project
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Site Area : 33,000 ㎡
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Art storage auxiliary facilities
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11 2nd International Business District
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Accommodations (hotels, etc.), office, commercial facilities
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Attraction of investment from project operators in progress
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12 Airport Logistics Complex
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Phase 1 : 992,000 ㎡, 28 units
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Phase 2 : 651,000 ㎡, 12 units
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Phase 3 : 326,000 ㎡ (Scheduled for supply in the first half of 2022)
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13 Cargo Terminal
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AACT 2nd Cargo Terminal : Built using the BOT method, newly constructed (Operational since 2020)
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FedEx Cargo Terminal : Built using the BTS method, newly constructed (Operational since 2022)
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DHL Cargo Terminal : Expanded using the BOT method (Scheduled for supply in the first half of 2022)
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14
72-Hole Public Golf Course
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72-Hole Public Golf Course : 3,695,000 ㎡, 72 holes with 300-bay practice range
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BMW Driving Center : 300,000 ㎡, circuit, sports park, etc.
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Facility Status
Category | Facility Name (Project Developer) | Site Area: | Land Use Term |
Facility Size | Remarks | ||||
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Total Floors | Gross Floor Area | ||||||||
Integrated Resorts | Paradise City (Paradise Sega Sammy) |
330,000㎡ | 50 years | Basement 2 10 floors aboveground |
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Hotel | IBC-I | H1 | Hyatt (KAL Co., Ltd.) |
16,348㎡ | 50 years | Basement 2 11 floors aboveground |
75,411㎡ (534 rooms) |
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H2 | Hyatt (KAL Co., Ltd.) |
16,348㎡ | 50 years | Basement 2 11 floors aboveground |
70,547㎡ (490 rooms) |
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H3 | Best Western (Hub Ville Co., Ltd.) |
5,475㎡ | 35 years | 1 floor underground 10 floors aboveground |
21,446㎡ (305 rooms) |
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IBC-II | H4 | IBIS Style (AI Development Industry Co., Ltd.) |
8055.8㎡ | 50 years | 1 floor underground 11 floors aboveground |
20,487㎡ | |||
Southern Waterside | Nest Hotel (Nest Co., Ltd.) |
42,982.98㎡ | 50 years | 1 floor underground 11 floors aboveground |
27,517㎡ (370 rooms) |
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Commercial Facilities | B2 | WorldGate (Samsung C&T/Kumho Engineering & Construction) |
7,534㎡ | 50 years | Basement 2 12 floors aboveground |
34,035㎡ (461 offices, 31 shops) |
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B3 | SkyWorld (Daewoo E&C Co., Ltd.) |
5,095㎡ | 50 years | Basement 2 12 floors aboveground |
25,398㎡ (401 offices, 13 shops) |
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B4 | LG Eclat (Yeolseong OfficeTel Co., Ltd.) |
6,718㎡ | 50 years | Basement 2 12 floors aboveground |
35,636㎡ (515 offices, 46 shops) |
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B5 | DioVille (Daewoo Construction Co., Ltd.) |
7,907㎡ | 50 years | Basement 2 12 floors aboveground |
39,714㎡ (553 offices, 24 shops) |
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B6 | Medical Center (Yeongjong Medical Center Consortium Co., Ltd.) |
6,146 | 50 years | Basement 2 10 floors aboveground |
20,903㎡ (Hospital, Office) |
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Commercial | C | Air Joy (Air Joy Co., Ltd.) |
12,147㎡ | 25 years | Basement 3 9 floors aboveground |
64,703㎡ | Bankruptcy proceedings underway |
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Leisure | Club 72 (KMH Shilla Leisure Co., Ltd.) |
3,648,000 ㎡ | Sea Course (3 years) | - Golf course with 72 holes - 300-bay practice range (10) |
33,751㎡ | ||||
Sky Course (10 years) | |||||||||
BMW Driving Center | 290,716㎡ | 6.5 years | |||||||
Racing Training Center (Korea Sports Promotion Foundation) |
22,943㎡ (97,000) |
50 years | Training center, accommodation building, and maintenance building | ||||||
Orange Golf Course (Yeongjong Orange Co., Ltd.) |
803,109,000㎡ | 20 years | Golf course 18 holes | 5,885㎡ |
International Business District (IBS-II)
Category | IBC-II | ||
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Area (㎡) | Composition Ratio (%) | ||
Total | 161,038 | 100.0 | |
Commercial and Office Facility Sites | 18,385 | 11.4 | |
Office Facilities | Subtotal | 18,385 | 11.4 |
B1 | 5,109 | 3.2 | |
B2 | 4,511 | 2.8 | |
B3 | 4,370 | 2.7 | |
B4 | 4,395 | 2.7 | |
Tourist Facility Sites | 76,471 | 47.5 | |
Accommodation (Hotel) | Subtotal | 24,620 | 15.3 |
H1 | 9,767 | 6.1 | |
H2 | 17,614 | 10.9 | |
H3 | 16,407 | 10.2 | |
H4 | 8,063 | 5.0 | |
Accommodation (Residence) | Subtotal | 51,851 | 32.2 |
R1 | 7,227 | 4.5 | |
R2 | 9,374 | 5.8 | |
R3 | 8,019 | 5.0 | |
Other Public Facility Sites | 66,182 | 41.1 | |
Roadways | 46,320 | 28.8 | |
Pedestrian Streets | 1,034 | 0.6 | |
Parks | 18,828 | 11.7 |
International Business Center (IBC-III)
- Location and Area: The area northwest of the airport covering 4,367,000 ㎡ (including the waterside spanning over 1,501,000 ㎡)
- Functionalities: Hotel, Entertainment, Shopping, Business Facilities, etc.
- Development Concept: As the top airport in Northeast Asia with world-class infrastructure, we are at the forefront of expanding our MRO business
- Progress
- Public announcement of the development plan under the Act on the Promotion of a New Airport for Seoul Metropolitan Area Construction (June 30, 2009)
- Development plan publicly announced under the Special Act on the Designation and Management of Free Economic Zones (July 7, 2010)
- Approval for the modification to the airport development plan (2nd modification) (March 28, 2022)
- Public announcement of the modification to the Incheon International Airport development plan (4th modification) (April 25, 2022)
- Currently attracting investment and constructing a resort complex
Southern Waterside Zone
- Location and Area: Northern site of the Southern Water Retention Pond, 42,060 ㎡
- Development Concept: Developed to provide support to the airport and generate aviation demand
- Functionalities: Accommodation facilities
- Progress
- Public announcement of the development plan under the Act on the Promotion of a New Airport for Seoul Metropolitan Area Construction (June 30, 2009)
- Phase 1 area (97,000 ㎡) is currently occupied by the Korea Sports Promotion Foundation for its boat racing training facility
- Phase 2 area (54,000 ㎡) is occupied by Nest Hotel
- Telephone : +082-32-741-4483
- Managing department : Airport City Development Team