INCHEON, South Korea—The official opening of the tallest building in South Korea, the Northeast Asia Trade Tower (NEATT), took place Thursday.

The landmark 305-meter (1,001-foot), 68-story tapering skyscraper built at a cost of KRW 620 billion (US $614 million) is located in Songdo International Business District, the 1,500-acre, 100-million square foot new city being developed by Manhattan-headquartered Gale International and POSCO E&C of Korea.

The Northeast Asia Trade Tower, designed by Kohn Pedersen Fox Associates, is the symbol of Songdo IBD, an international business hub in a free-trade zone that has attracted worldwide attention for its leadership in sustainability and smart-city initiatives.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.