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'Gayang Station The Live Honor Biz Tower' Commercial Facility with Easy Inflow of Back-Demand in Street-Style Shopping Area

- Commercial Facility with New York Style Exterior Design in Double Station Area of Line 9 Gayang Station and Jungmi Station
- Knowledge Industry Center Commercial Facility in Prime Location, Securing Demand 365 Days a Year on Weekdays and Weekends

'Gayang Station The Live Honor Biz Tower' Commercial Facility with Easy Inflow of Back-Demand in Street-Style Shopping Area

As more investors turn their attention to commercial facility investments in the real estate market, the key point of commercial investment is being emphasized as the '365-day commercial district.'


The 365-day commercial district refers to an area that can secure abundant foot traffic regardless of weekdays or weekends. Commercial facilities located in such districts have the advantage of generating stable profits not only on specific days but throughout the entire week and, furthermore, 365 days a year through diverse customer bases.


Amid the rising prominence of the 365-day commercial district as a central keyword in the real estate market, commercial facilities established within knowledge industry centers are receiving particular attention. On weekdays, stable demand can be secured from workers in the knowledge industry centers and partner companies' foot traffic, while on weekends, large-scale 'malls' accessible to nearby residents can attract local weekend foot traffic.


Knowledge industry centers with integrated commercial facilities provide convenience to workers and help improve the quality of life for nearby residents by expanding the commercial district. They attract various franchises that can draw customers regardless of weekdays or weekends and introduce cultural and leisure key tenants, sometimes becoming regional 'landmarks.'


Real estate experts advise, “Since knowledge industry centers house many workers in their 20s and 30s and have corporate officials with strong purchasing power, it is necessary to first check whether the location can perform well on weekdays and secure foot traffic demand on weekends.” They add, “It is advisable to target locations where the scale of office facilities within the knowledge industry center, transportation environment, and proximity to residential areas with many apartment complexes contribute to stable business operations 365 days a year.”


Noteworthy ‘Gayang Station The Live Honor Biz Tower’ Commercial Facilities


In this context, the commercial facilities of ‘Gayang Station The Live Honor Biz Tower,’ supplied by SGC E-Tech Construction, are attracting significant attention from investors.


Located in the very center of Gangseo-gu, within walking distance of Gayang Station and Jungmi Station on Subway Line 9, it can smoothly secure foot traffic passing through this area.


Within a 1km radius, about 10,000 apartment units and residential officetels can be expected to activate the commercial district through demand absorption, and derivative demand can also be absorbed through connections with large tenants such as Homeplus and E-Mart.


Additionally, it is designed as a street-type facility facing the busy Yangcheon-ro main road, featuring excellent visibility and recognition with specialized design elements that catch the eye.


The commercial facilities on the lower floors feature rare arched windows and vintage brick designs that enhance elegance and modernity, introducing a unique exterior design that seems to intersect the past and the future.


‘Gayang Station The Live Honor Biz Tower’ commercial facilities are built together with the knowledge industry center in the Gangseo-gu area of Seoul. The commercial facilities consist of 49 units, and the knowledge industry center comprises 241 units.


The knowledge industry center supplied alongside the commercial facilities is offered in a section office format, allowing companies to purchase spaces tailored to their size, unlike typical knowledge industry center office spaces. A specialized duplex structure with high space utilization is applied to some floors. Additionally, a rooftop garden is provided, ensuring a pleasant working environment in the city.


The sales promotion center for ‘Gayang Station The Live Honor Biz Tower’ is located in Gangseo-gu, Seoul. The center is designed with a unique gallery-like appearance and features digital media such as kiosks to provide detailed information about the sales in an easy-to-understand manner.


Meanwhile, SGC E-Tech Construction, responsible for constructing the ‘Gayang Station The Live Honor Biz Tower’ commercial facilities and knowledge industry center complex, signed a sponsorship contract with the professional baseball team Kiwoom Heroes in 2021 and is actively promoting the ‘The Live’ brand, so the preference and recognition of ‘Gayang Station The Live Honor Biz Tower’ are expected to increase further.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

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