Construction starts on AEG’s new Korea arena
Developed in partnership with media giant CJ Group, the 20,000-capacity Goyang City venue is on track to open in 2024
News By James Hanley | 28 October 2021
Construction has begun on AEG and CJ LiveCity Corporation’s new K-pop-focused entertainment complex in South Korea.
Set to open in Goyang City, Seoul, in 2024, the 1.8 trillion won (€1.3 billion) development comprises the 20,000-capacity CJ Live Arena and an outdoor performance space capable of accommodating 40,000 people.
According to Korea JoongAng Daily, the venue will be enabled for new technologies including the metaverse and AR.
CJ LiveCity CEO Harry HK Shin says the scheme “will create a new paradigm for Korean content”.
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