The search for the new LCT shopping center operator is over.
Shinsegae’s Starfield City has signed on to operate the shopping mall according to local real estate officials last month for a commercial facility in the LCT Podium.
Shinsegae Properties is a subsidiary of Shinsegae Group and operates shopping malls Starfield and Starfield City in the country.
LCT’s commercial facilities are located on the Podium 1st and 3rd floors with the water park on the 4th and 6th floors.
The total private area is about 29,000 square meters, the contract area is about 78,000 square meters, and the parking area will hold 680 cars.
LCT was having problems finding a tenant to house the shopping center, as finding an operator to take a risk on the new property was proving to be more difficult than expected.
The shopping mall is expected to open next June in line with the Lotte Signiel Hotel.
Starfield City recently opened their first Busan location in Myeongji International New City.