Hyundai Department Store in Busan Embraces Nature and Elegance in Its 2.0 Redesign
The highly anticipated Hyundai Department Store in Busan, South Korea, is slated for opening in the first half of 2027. Situated within the Eco Delta City Special Plan Zone, Daejeo-dong, Gangseo-gu, Busan, the expansive 200,000-square-meter facility spans a site area of approximately 111,000 square meters.
Constructed with a hybrid complex mall concept in mind, The Hyundai Busan will offer an indoor mall replete with high-end products expected of traditional department stores, seamlessly integrated with an outdoor mall focused on outlet-style, affordable stores. This novel retail model, named "The Hyundai 2.0," will break down conventional boundaries between department stores, outlets, and shopping malls.
The Hyundai Busan's innovative design caters to customer preferences, incorporating advanced interiors and immersive experiences. Situated adjacent to Gimhae International Airport, it boasts unparalleled accessibility through strong transportation infrastructure, including KTX, highways, and future urban rail plans for Eco Delta City. Hyundai aims to transform the department store into a new cultural landmark and lifestyle innovator for Busan and the surrounding Yeongnam region.
At present, no specific partnerships with external brands or companies have been announced. However, the project is expected to become a major retail and cultural destination for both Busan and the surrounding area, catering to the young population migrating to the western mountain area, considered a high-growth region.
In summary, The Hyundai Busan serves as a groundbreaking retail and cultural development for Busan, offering a fresh take on distribution models and prime connectivity to appeal to a wide customer base.
- The Hyundai Busan, with its focus on lifestyle innovations, is poised to strengthen the local culture and economy in Busan and the surrounding Yeongnam region.
- The 200,000-square-meter facility, located within the Eco Delta City Special Plan Zone, aims to create a unique blend of environment and business, offering both high-end and affordable shopping options.
- As a major retail and cultural destination, The Hyundai Busan will attract shoppers from various segments, including those interested in home-and-garden, sports, and fashion trends.
- Situated near Gimhae International Airport, The Hyundai Busan promises to foster a dynamic business environment by bringing together diverse industries, such as home-and-garden, shopping, and culture.
