Related Links: Lotte, Koreas First Supertower, is an All-in-the-Family Affair U.Life. It sounds like a New Age movement. For developer Stanley C. Gale, the driving force behind the $35-billion Songdo International Business District, U.Life actually is a "new age movement" of sorts, except the "new age" is the digital age and the "movement" is variously called smart cities, intelligent urbanization or, in Gale's lexicon, ubiquitous life, or U.Life. If Gale has his way, everyone living and working in the 1,500-acre Songdo IBD will be linked through a common backbone of information and communications technology.The master-planned new town in Incheon, Republic
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.