Overview
- City officials concluded four years of talks with the Hanwha-led Seoul Smart MICE Park consortium after 160 negotiation rounds.
- Construction is slated to start later in 2026 and finish in 2032, centering on a 30,000-seat domed baseball stadium designed for international games and offseason concerts.
- During construction, the Doosan Bears and LG Twins will play home games at Seoul Olympic Stadium from 2027 to 2031.
- The redevelopment covers roughly 350,000 square meters and adds a major MICE complex about 2.5 times the size of Coex, plus 841 hotel rooms across three properties.
- The plan includes riverfront public spaces, a large retail zone and a vertiport enabling roughly 15-minute trips between Jamsil and Gimpo International Airport.