Construction is set to begin early in 2025 on one of South Korea’s largest marinas.
The marina, at Jamsil Hangang Park, Seoul, will be able to accommodate 220 vessels, including yachts, as part of the city’s efforts to expand water leisure facilities.
An implementation agreement has been signed between the Seoul Metropolitan Government and private company Hangang Marina.
The facility, which will be the largest in Seoul, should be completed and open in 2026.
Seoul has a strategy to enhance water leisure culture and address the acute shortage of mooring spaces.
Figures show there were 3,054 registered recreational watercraft in Seoul in January 2024 with mooring facilities limited to just 285 spaces – around 9% of the demand.
$62.5 million
In the long term, officials are aiming to increase the city’s capacity to around 1,000 vessels to draw back to the city registered vessels that are currently moored in remote areas.
Jamsil Marina will include a clubhouse with management offices, cafes, and restaurants, as well as a floating barrier to protect docked boats.
The project is estimated to cost around $62.5 million and will be entirely funded by private investment.
Ownership will be transferred to the city of Seoul on completion, with the developer retaining operating rights for up to 20 years without charge.
The marina will also offer ‘Hangang Stay’ boats that will provide floating hotel experiences.
These boats will measure 11m in width and 13m in length and will be equipped with bedrooms, bathrooms, and other amenities with the aim of them becoming a new tourist attraction.
There are also plans for collaborative programs with professional groups to offer water sports activities.
