thomas projects

IFC Seoul
Seoul, South Korea

International Finance Centre (IFC) Seoul is a +500,000 m² mixed use project developed by AIG Korea in the Yeouido Business District that opened in August 2012. The Project is comprised of:

  • 3 Class A office towers (dubbed as 'Korean Wall Street');
  • Conrad Seoul Hotel;
  • 40,000 m² shopping mall (3 floors);
  • Cultural complex;
  • 35 restaurants;
  • 10-screen cinema; and
  • Outdoor sculpture park and exhibition grounds.

With a direct station link to Seoul's extensive subway system, an estimated 25,000 people will work at IFC Seoul daily.

Designed Benoy Architects, the mall's underground nature is configured to maximize natural light exposure (using 'glass pavilion' ceiling) throughout the mall's interior spaces, creating a bright shopping environment.

Operated by experienced shopping centre developer Taubman Asia, the mall features some of Korea's trendy retail brands, including Banana Republic (flagship store), Hollister, H&M and Frisbee (Apple outlet).

Thomas Consultants was retained by the AIG and Taubman Asia to prepare a market study and identify the following in order to maximize sales potential and project success:

  • Project role and function;
  • Retail market positioning;
  • Retail program and tenant mix plan; and
  • Collaboration with design team to refine retail and tenant layout plan.