‘The Sky City Zenis & Frau’ Commercial Facilities Enjoying Stable Demand in Large Complex

- Street-type commercial complex with excellent customer attraction
- Commercial facilities of ‘The Sky City Zenith & Frau’ enjoying fixed demand from a mammoth complex of over 4,300 households

Doosan Construction and Kolon Global are supplying street-type commercial spaces within the complex ‘The Sky City Zenith & Frau,’ boasting an overwhelming scale of 400 meters.

The commercial facilities, officially launched for sale in November, consist of 301 units across 13 zones from Area A to Area M, spanning the 1st and 2nd floors above ground.

The project site is a unique street-type independent commercial complex that can monopolize a fixed demand of 4,393 households and approximately 15,000 people. It is emerging as a one-day one-stop commercial facility combining road shops and a complex mall.

In particular, the 400-meter European-style street mall, reminiscent of Milan and Paris, is sufficient to establish itself as a landmark commercial district in the region. It is expected to be composed of lifestyle-oriented sectors such as LIFE ZONE, Food & Beverage (F&B) ZONE, RETAIL ZONE, MEDICAL ZONE, and EDU ZONE.

An industry insider stated, “There are no large supermarkets nearby, and being located at the gateway to the Yulha district of Gimhae Tourism Distribution Complex and Lotte Water Park allows it to absorb floating populations,” emphasizing the rarity by adding, “It is hard to find commercial investment opportunities with this level of premium and future value.”

The street mall lined along the main road on the 1st floor is expected to form a main commercial area where healthy encounters and shining moments of life harmonize, attracting abundant foot traffic. Zones G and H, selling lifestyle, culture, emotion, and convenience, are anticipated to become lifestyle cultural spaces serving diverse life needs.

Designed for convenient access for residents at the back of the complex, daily accessibility is enhanced, while a garden-style park spanning 26,000 pyeong (approximately 85,950 square meters) is located in front, providing a relaxing resting space. The complex shopping town, designed for the convenience of customers and store owners, will be established on the 2nd floor commercial facilities. It is expected to offer an environment full of diverse cultural desires and shopping pleasures, including gourmet dining, educational facilities, and total healthcare.

‘The Sky City Zenith & Frau’ is the first blue ocean commercial facility in the area, equipped with abundant hinterland demand, floating population, and advantages specialized for future value appreciation.

Forming the same living zone together with nearby Jangyu, Yulha district, Gimhae Tourism Distribution Complex, garden-style park, Lotte Outlet, and Lotte Water Park, it is highly likely to generate tremendous synergy in securing fixed demand and floating population. Additionally, early tenants will enjoy the premium of a newly built commercial facility without key money.

The transportation environment allows access to major cities and industrial complexes such as Changwon and Busan within 30 minutes by car, supported by excellent wide-area transportation networks including the Namhae 2nd Expressway Branch Line and Namhaean-daero. Access to the old downtown via Route 58 (Geumgwan-daero) and Chilsan-ro is also convenient.

Nearby educational facilities include Gwandong Elementary School, Jangyu Middle School, Gimhae Foreign Language High School, Yulha, and Sunam High School, along with leisure and recreational environments such as Banryongsan Mountain, Gwandong Historic Sports Park, and Yulha Stream.

A sales official stated, “System air conditioning and heating units are installed as standard in all stores, providing customers with a comfortable and enjoyable shopping environment,” and added, “Significant key money formation or price premium is expected in the future.”

The sales promotion center for the ‘Gimhae Yulha The Sky City Zenith & Frau’ commercial facilities is located near Yulha 2 District, Gimhae-si, Gyeongnam.