Plans are being discussed by the city government to open a huge underground city in Centum City.
The city is hoping to develop the nearly 35,000 square meters of underground into a complex development which will create a new hub with commercial, cultural, and MICE capabilities and Busan’s largest city center.
The Centum City underground space complex development is set to be modeled after the underground city PATH in Toronto and Lowline in Manhattan.
The city plans to develop a themed complex street mall and underground pedestrian walkways through the development of underground spaces on the main roads around BEXCO which can be used as an all-city center unaffected by weather.
In addition, an underground shopping plaza and natural light-type resting spaces for citizens with green spaces are hoped to be built, and the underground section of the urban road will serve as a comfortable interior space as well as have excellent pedestrian connectivity to help alleviate traffic congestion in the area.
The area hoped to be developed is from APEC-ro at BEXCO to Suyeonggangdae-ro at APEC Park to the Busan Cinema Center and from Centumdae-ro at Shinsegae Department Store to Home Plus.
Construction would likely take 2-4 years to complete.
Possible City Center Airport Terminal in the Works
Discussions are also underway as the parking lot across from Lotte Department Store — which is owned by Shinsegae — is emerging as a candidate for a City Center Airport terminal.
Construction of a six-story story structure on the land was expected to begin earlier this year — the third phase of the department store — but plans for that were delayed.
Shinsegae had been under pressure to develop the land from Haeundae District in 2017 after the second phase was delayed for three years due to a prolonged recession in the retail industry.
The city conducted a six-month feasibility study from March to September last year and concluded areas next to BEXCO would be the preferred spot for a city terminal.
The City Airport Terminal is a facility that provides the convenience of checking-in and handling of cargo in the city, instead of at the airport.