The IBD currently measures 60 million square feet. By 2020, it will nearly double.
The developers hope that the city will become a model for other cities around the world.
For that reason, it could be too early to say whether Songdo will become a thriving urban center.
"In a lot of ways, it’s the city Koreans want to show the world, in that it’s a clean, futuristic-looking place with no visible poverty," Colin Marshall, a Seoul-based essayist who writes about cities, told The Los Angeles Times.
Around 70,000 people work in Songdo, which is far fewer than the 300,000 people the city government had envisioned.
However, some residents have complained that the IBD and the larger Songdo City are too secluded from Seoul — the country's economic, political, and cultural hub. It takes over an hour to reach the capital.
Source: The Los Angeles Times
Songdo City produces a third fewer greenhouse gases compared to another city of the same size.
Source: Fast Company
IBD has over 100 buildings that are LEED-certified — the world's most widely used green rating system.
The development is shooting for LEED certification at a neighborhood scale, and plans to recycle 40% of the water used.
Another perk of living in the district: there are no trash trucks. Instead, a pneumatic tube system sucks the trash from chutes in residential buildings to a central sorting facility in seconds. There, it's either turned into energy or recycled.
The IBD is one part of a larger development, called the Incheon Free Economic Zone in Songdo City, spearheaded by the South Korean government.
When the government started planning Songdo City in 2000, 500 tons of sand were poured into the marshland to lay the foundation.
Currently, 20,000 residential units are complete or under construction in IBD, where around 50,000 people live. Approximately 100,000 residents live in the greater Songdo City.
Around 40% of the area is reserved for green space (about double that of New York City), which also encourages residents to walk, Gale said.
IBD's largest park, measuring 101 acres, was inspired by Manhattan's Central Park.
"What you see today in Songdo, a city that is compact and very much walkable, is a direct outcome of this thoughtful approach to planning," Gale said.
Fifteen miles of bike lanes go through the district, connecting to a larger 90-mile network in Songdo City.
BD features a mixed-use urban plan, meaning its retail, office space, parks, medical facilities, and schools are all close to housing. Most non-residential buildings are walking distance from everything else.
Apartment buildings and businesses were built 12 minutes within bus or subway stops.
From the first planning stage, the developers aimed to make the district eco-friendly. One strategy was designing the area to reduce the need for cars.
In Songdo City, South Korea, Gale International is building the International Business District (IBD) on reclaimed land along the Yellow Sea.
Source: Business Insider India