North Port Redevelopment Project
- Location: North Port piers
- Phase 1 : Costal Ferry Pier ~ Pier 4 (1,527,247㎡)
- Phase 2 : Piers 5 and 6
- Projected Expenses : 8.519 trillion won (2.39 trillion won for infrastructure, 6.48 trillion won for facilities construction (commerce, business, prismatic composition)
- Function Various → waterfront park, port facilities, commerce, business, etc.
- Project Period: Stage 1 ( ~ 2020), Stage 2 (from 2020 ~ )
- Changes in Busan's port, such as construction of the Busan New Port, have created the need to re-organize Busan's port functions
- Changes in the social environment have increased the need for waterfront development
- There is now the need for an integrated passenger terminal
- Simultaneous development of the port and the surrounding areas is needed, especially the former downtown area which used to be the dynamic and vibrant in order to revitalize heart of the city.
- Make the port the international marine tourism hub of the Southeast Coast tourism belt
- Develop the port to serve as a gateway to the Eurasian continent and remain a focal point for global shipping
- Create opportunities for residents to enjoy their leisure time at newly developed waterfront areas
- Stimulate stagnant local economy and revitalize Busan through integrated development of the port and former downtown areas. .
Geographical conditions of Busan North Port
- Busan North Port, situated at the pivotal point of the southeast coast tourism belt in Korea, serves as a key gateway to the Eurasian continent as it is located closely to the KTX Busan railroad station, which are day serve as the terminus for trains from Europe and Asia.
- The area where the port is being redeveloped has great potential as it will be encompassed within a commercial district, according to Busan City's urban plans for the year 2020, and is also adjacent to central commercial zones in Busan such as Nampo-dong, Gwangbok-dong, Jagalchi and the 2nd Lotte World skyscraper currently under construction.
- With Busan residents' high expectations for it, political and social attention is being centered on the project, which is expected to contribute to the revitalization of the local economy.
Busan North Port Redevelopment Project
- Offering a gateway to the Eurasian continent and the Pacific, cementing Busan's status as an international gateway.
- Securing the city's status as an international marine tourism city by developing the waterfront to international standards and at the same time providing residents with a variety of waterfront urban spaces.
- 1. Revitalizing the heart of the city and the local economy through the simultaneous development of North Port and the surrounding areas.
Busan North Port Redevelopment Project
The Busan North Port redevelopment concept is subdivided into the following three concepts.
- City Structure Concept: International marine tour city, gateway of sea transport, environmentally friendly complex city
- City Function Concept: Its tourism function to attract global visitors, its marine function to facilitate sea transport, its history function to restore the identity of the city
- City Design Concept: Rising sun, dynamic waves, soaring sea gull symbolizing opportunity, a new beginning and the city taking hight as an international city.
Port layout (tentative)
Main facilities to be built (tentative)
- Port Facility District
- Cruise and marina facilities, marina club house, coastal ferry terminal, etc.
- Multi-purpose Port District
- International passenger terminal, cruise dock, convention center, shopping and discount malls, business facilities, etc.
- ITㆍMediaㆍExhibition District
- Theater, Shops, movie theaters, E-Sport and X-Sport facilities, etc.
- Urban District Complex
- Tourist hotel, traditional Korean food restaurants, food court, wellbeing facilities, cutting-edge medical facilities, etc.
- Maritime Culture District
- Marine life exhibition hall, gallery, arts center, outdoor theme park, etc.
- Commerce and Business District
- Financial institutions, outlet malls, shopping centers, businesses, etc.
- International effect
- Serving as a Eurasian gateway connecting continent and ocean traffic
- Securing Busan city's status as an international marine tour and culture city
- Social effect
- Providing pleasant resting areas for residents
- Presenting a new development model balancing Busan's city functions and port functions
- Economic effect
- Reviving currently stagnant commercial zones in the former downtown area
- Boosting the economy by creating jobs and increasing production volumes