Daegu City Center

Format
Brief

City
Daegu

Country
South Korea

Metro Area
Daegu

Project Type
Mixed Use

Location Type
Central Business District

Land Uses
Entertainment
Hotel
Parking
Restaurant
Retail

Keywords
City center revitalization
Healthy place features
Luxury hotel
ULI Awards for Excellence 2009 Finalist
Upscale retail

Site Size
0.74 acres
acres hectares

Date Started
2007

Date Opened
2008

A brief is a short version of a case study.

Daegu City Center is a 23-story integrated commercial center with an upscale retail mall, a luxury hotel, and nightlife venues in Daegu, Korea. Once a failed discount retail and low-end office complex, the building was redeveloped and repositioned by Doran Capital Partners, creating a financially viable lifestyle retail/entertainment destination and a 203-room hotel in an area in need of retail and commercial options. One of the largest commercial buildings in central Daegu, the 86,847-square-meter (934,813-sf) Daegu City Center has returned economic vitality and retail activity to the downtown core.

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Format
Brief

City
Daegu

Country
South Korea

Metro Area
Daegu

Project Type
Mixed Use

Location Type
Central Business District

Land Uses
Entertainment
Hotel
Parking
Restaurant
Retail

Keywords
City center revitalization
Healthy place features
Luxury hotel
ULI Awards for Excellence 2009 Finalist
Upscale retail

Site Size
0.74 acres
acres hectares

Date Started
2007

Date Opened
2008

Developer
Doran Capital Partners
Seoul, South Korea

Owner
Triseas Korea Property Fund LP
Seoul, South Korea

Design Architect
Dawon Design Company, Ltd.
Seoul, South Korea

Principal Author(s)
Theodore Thoerig, Alexandra Notay, David Leipziger

ULI Awards for Excellence 2009 Finalist

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