1. Title
- International Invitation and Proposal Competition for 「Global Start-up Hub Busan」
2. Background
- This design competition aims at creating a Korean-style "Station F"to foster domestic and international start-ups by utilizing the historical, urban, and technological values of the North Port in Busan, which is returning to the citizens after 146 years since its opening.
- Besides, given the project site and the existing building are currently registered as cultural heritage of Busan and are being considered for inclusion in the UNESCO World Heritage list as part of the former wartime capital's heritage, the goal is to derive architects'innovative solutions that can create new values from the historical heritage.
3. How the Competition Works
- This competition will be conducted in two phases: an invitation for nominations to select nominated architects (Phase 1), followed by a proposal competition in which only the nominated architects can participate (Phase 2).
4. Project Overview
- Project location: Within the logistics warehouse area of Pier 1, North Busan Port, Busan, South Korea
- Site area: 23,871.9㎡
- Gross floor area of existing building(warehouse) : 4,213.35㎡
- Gross floor area of renewal building : 9,128㎡
- Projected construction cost: 20.5 billion KRW (※including VAT)
- Projected design cost: 1.2 billion KRW (※including VAT)
5. Official Website and E-mail Address
- Competition website: compe.biacf.or.kr
- Official e-mail: compebaf@gmail.com
6. Schedule
- Notice of invitation : Jan. 13 (Mon), 2025
- Submission of applications : Jan. 24 (Fri), 2025, by 17:00 / via the official e-mail
- Deliberation for nominations : Feb. 03 (Mon), 2025
- Announcement of nominated architects : Feb. 05 (Wed), 2025
- Notice of proposal competition : Feb. 05 (Wed), 2025
- Registration of participations : Feb. 07 (Fri), 2025, by 17:00
- Submission of proposals : Mar. 21 (Fri), 2025 / via the official e-mail
- Announcement of the final result : Mar. 28 (Fri), 2025
7. Winning and Compensation
- 1st place (winner) : Exclusive negotiation rights for schematic and working design
- The other nominees : Each 25 million KRW (including VAT)
※ For foreign architects, airfare will be supported up to 10 million KRW
Download the information related to this competition here.
Title
International Invitation and Proposal Competition for "Global Start-up Hub Busan:" Phase 1 - Invitation for NominationsType
Call for SubmissionsWebsite
Organizers
Submission Deadline
January 24, 2025 03:45 PMVenue
Busan PortPrice
Free