[Urban Planning News] Guro G-Valley to Transform into "Game Industry Center"
Former Purification Plant Site of Guro G-Valley to Transform into "Game Industry Center"
The site of the former purification plant, which began supplying industrial water to firms in the Seoul Digital Industrial Complex (the present Guro G-Valley) in the 1960s, will be transformed into a game industry center in 2019. G-Square is a multifunctional business facility with a total ground area of 180,000㎡ comprised of seven floors underground and 39 floors aboveground.
The main body of business is the Project Financing Vehicle (PFV), established with the investment of Korea
Industrial Complex Corporation, which owns the site, and Netmarble Games Corp., which will relocate its head office to the site. Netmarble Games Corp. will develop the game industry ecosystem, and in cooperation with the Korea Industrial Complex Corporation, expand the business supporting facilities currently lacking in G-Valley such as R&D centers, game-related startup support centers, etc. in order to actively support venture startups of young entrepreneurs.
71% (13,553㎡) of the total area of the site will be used to create a park area open to residents and workers of G-Valley. In addition, a game industry museum and game character park will be built through the preservation and use of the remaining purification plant.
The Seoul Metropolitan Government plans to actively support the project in consideration of the development of content developed by the industry and the job creation effect generated by the project. It will ensure that the construction plan is in character with the surrounding area.