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New City – Cisco Style

February 09, 2010 | admin | Comments 0

Cisco’s Wim Elfrink and developer Stan Gale plan to standardize many elements of New Songdo (see above) in other cities. Photograph by James Whitlow Delano

Ten years ago, Gale was a builder and flipper of office parks. Gale’s fate began to change in 2001 with a phone call from South Korea. The Korean government had found his firm on the Internet and made an offer. The Vision: Gale would borrow $35 billion from Korea’s banks and its biggest steel company, and use the money to build from SCRATCH a city the size of downtown Boston. New Songdo City won’t be finished until 2015 at least, but in August, Gale cut the ribbon on the 100-acre “Central Park” modeled, like so much of the city, on Manhattan’s.

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