Seoul bets W2.7tr on K-pop hub to revive north

Seoul plans to invest 2.7 trillion won ($1.83 billion) to transform Chang-dong in northern Seoul into a K-pop-centered entertainment district, anchored by a 28,000-seat arena set to open in 2027, as the city seeks to boost tourism and revive its underdeveloped northeastern region. The Seoul Metropolitan Government on Tuesday unveiled a blueprint for the “K-Entertainment Town,” positioning the area as a cluster for culture and entertainment industries built around South Korea’s global pop culture

By The Korea Herald