Shinsegae Property and Aman said Wednesday they will develop Aman Seoul in Cheongdam-dong, Gangnam District, marking Aman’s first project in Korea.
The development will span about 70,000 square meters, with eight underground levels and 38 floors above ground, and will include a hotel, 49 residences, and retail and cultural spaces.
Shinsegae Property will oversee planning, strategy and development, while Aman will participate in architecture, design and operations.
Shinsegae Group Chairman Chung Yong-jin said Aman Seoul would go beyond hotel development and become a new landmark for Seoul’s high-end lifestyle market.
Vlad Doronin, chairman of Aman Group, said Seoul’s mix of culture, design, technology and wellness had made it a global lifestyle center and that Aman Seoul would create a new base for its brand in the city.
By Lee Kyung-min