BlackBook Magazine

Subscribe
Subscribe

Posts Tagged 'New Songdo City'

Sigur Ros Sells New Songdo City

By

Ben Barna

Sigur Ros Sells New Songdo City The Port Authority can't even get one building in the air, while the South Koreans erect a whole new world with ease. Amidst delays and bloated budgets, Christopher Ward, executive director of the Port Authority of New York and New Jersey, wrote that "The schedule and cost estimates of the rebuilding effort that have been communicated to the public are not realistic," which means the city will not hit their desired deadline of 2011, the10th anniversary of 9/11. It's now expected to open sometime in 2013, and some even say that's optimistic. Meanwhile, on the other edge of the world, South Korea has designed and begun construction of an entirely new high-tech city they hope will reinvigorate the country's sagging economy.

READ MORE
BlackBook Visionaries
Subscribe