From Seoul Station to Yongsan Station: "CORDIA" at the Heart of Seoul's Downtown Development Cluster
- Development Axis Expanding from Seoul Station to Yongsan Station
Yongsan Station to Become Transportation Hub
- Seoul Station North Redevelopment Area
Establishment of a Mixed-Use Complex Integrating MICE Facilities, Prime Offices, Hotels, Resi
The axis of development in central Seoul is expanding in a north-south direction, stretching from Seoul Station to Yongsan Station. The Seoul Station North Station Area Development Project moved beyond the planning stage to actual implementation with groundbreaking in November 2024. Meanwhile, around Yongsan Station, significant transportation infrastructure projects, such as the GTX (Greater Seoul Metropolitan Express Railway), airport railroad extension, Shinbundang Line extension, and railway burial (undergrounding) projects, are being solidified.
Large-Scale Mixed-Use Complex Integrating MICE Facilities, Prime Offices, Hotels, Residences, Commercial, and Cultural Spaces
The Seoul Station North Station Area mixed-use development is an urban innovation project that will restructure and revitalize the organization and functionality of downtown Seoul. Located in Bongnae-dong 2-ga, Jung-gu, Seoul, the project covers approximately 30,000 square meters with a total floor area of 340,000 square meters, and will consist of five buildings ranging from six underground levels to 39 above-ground floors. Upon completion, it will be a large-scale mixed-use complex featuring MICE facilities, prime offices, hotels, residences, commercial, and cultural spaces. Construction commenced in November 2024, with completion expected in the first half of 2029. Once development of the Yongsan International Business District begins in earnest, it is expected the development axis from Seoul Station to Yongsan Station will further expand, forming a major cluster centered around both stations.
Accordingly, the areas surrounding Seoul Station and Yongsan Station are likely to evolve from work-centric commuter districts to urban lifestyle areas that incorporate a diverse range of living functions.
This project will introduce a global top-tier hotel brand to accompany the prime office spaces. The northern section of Seoul Station, long characterized by railway land and low-rise buildings, is expected to be transformed into a new hub with work, lodging, and convention functions. This redevelopment will also alter the nature of the north-south urban corridor between Seoul Station and Yongsan Station.
Yongsan Station to Become a Transportation Hub: GTX-B, Airport Railroad Extension, and Shinbundang Line Phase 2
Yongsan Station is already a major transportation hub served by the KTX Gyeongbu, Honam, and Jeolla lines, the ITX-Cheongchun line, Seoul Subway Line 1, and the Gyeongui-Jungang Line. Additional plans for metropolitan railways further solidify its hub status. According to data from the Ministry of Land, Infrastructure and Transport, the full opening of the GTX-B line, which will connect Songdo International City to Maseok, is scheduled for 2030. Yongsan Station will be a stop on this line.
An extension of the airport railroad to Yongsan Station is also being pursued. The Ministry of Land, Infrastructure and Transport plans to include a direct connection between the Incheon Airport Railroad and Yongsan Station in the 5th National Railway Network Plan (2026–2035). In addition, the Shinbundang Line Phase 2 project, connecting Yongsan and Sinsa, is slated to begin construction in 2027, with operations starting in 2032. Plans to bury above-ground sections of the Gyeongbu Line and others underground are also under discussion. If these plans are realized, Yongsan Station will serve as a true transportation hub where high-speed rail, metropolitan express railways, airport rail, and urban subways converge.
Urban environment improvement projects, such as burial (undergrounding) of the Gyeongbu Line and Gyeongui-Jungang Line and creation of above-ground green corridors, are also underway. Around Yongsan Electronics Market, plans are in place to create a designated "AI·ICT Special Development Promotion District" centered on the special planning zone.
As large-scale development projects proceed around Seoul Station, a new residential offering, "CORDIA," utilizing Seoul Dragon City infrastructure, is being planned. This project is being undertaken by Seobu T&D, a KOSDAQ-listed company.
CORDIA will be developed as a complex comprising 88 units, ranging from eight underground to 27 above-ground floors, with exclusive areas between 66.89 and 273.66 square meters. It will combine officetels, retail facilities, office spaces, and fitness amenities.
The complex will provide residential services utilizing the infrastructure managed by the Seoul Dragon City operator. Basic services will include concierge, porter, valet parking, and security/access control, while optional paid services will offer housekeeping, room service, breakfast and lunch, and limousine rentals.
Onsite amenities will include a golf practice range, fitness center, pilates room, infinity pool, sauna, and lounges. The "CORDIA Bridge," a canopy-structured pedestrian bridge connecting the complex to the adjacent park, will enhance access to Seoul Dragon City and Yongsan Station areas.
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The CORDIA Gallery is scheduled to open for pre-reservation in October 2026.
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