Seoul's $31 Billion Yongsan Project

 - Jan 30, 2008
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Seoul, South Korea, is a city that is continually transforming itself, from huts a hundred years ago to high rises now. A new project is scheduled for the Yongsan business district that will cost $31 billion and transform the gritty to the glittery. The 152 story centerpiece is a pear-shaped landmark. The city hopes this will help transform the country into a more Northeast Asian business center similar to Hong Kong, Shanghai and Singapore.

It's the largest urban project in South Korea's history and will kick off in 2011, with funding from Samsung and The National Pension Fund. They hope the project will reach completion by 2016.