Alphadom City at Pangyo Station is often called Korea’s ‘Silicon Valley’. The project was originally born of a 17-party consortium that included the Public Officials Benefit Association (POBA), LH, and Lotte E&C, formed just before the global financial crisis in 2007. It was finally completed after 15 long years with Kakao Pangyo Agit in Alphadom City 6-1 which has been used as the Kakao headquarters since last October. The project was left stranded after the global financial crisis, after which the investor structure was changed to center around POBA, the largest shareholder, which raised funds by sequentially selling assets. Now, the major Korean tech companies, including Naver and Kakao, have […]