Street in Seoul, South Korea
Teheran-ro
(
Korean
:
테헤란로
; named for
Tehran
, Iran) is a street in the
Gangnam district
of
Seoul
,
South Korea
. It runs from
Gangnam Station
through
Yeoksam-dong
and into
Samseong-dong
. It is colloquially known as "
Teheran Valley
" (after
Silicon Valley
) due to the number of
internet
-related companies operating there. The district of
Gangnam-gu
experienced phenomenal growth and waves of construction, with Teheran-ro becoming one of the busiest streets in South Korea. Its counterpart,
Seoul St.
in
Tehran
,
Iran
, runs in the north of that city, close to the
Evin
district.
Teheran-ro is a 3.5 km section of
Seoul City Route 90
, and runs eastwards from
Gangnam Station
to
Samseong Station
and the
COEX
/
KWTC
complex.
Yeoksam
and
Seolleung
stations are also on Teheran-ro. All stations are on
Seoul Subway Line 2
.
Some of South Korea's tallest skyscrapers and most expensive real estate are in Teheran-ro, while Seoul Metropolitan Government estimates that more than half of South Korea's
venture capital
, some 200 billion won (approximately $200 million), is invested in Teheran Valley.
[1]
Name
[
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]
On 27 June 1977, the Seoul Metropolitan Government suggested that the cities of Seoul (the capital of South Korea) and
Tehran
(the capital of
Iran
) exchange the names of streets on the
occasion of the visit
to South Korea of
Gholamreza Nikpey
, the
Mayor of Tehran
. The following year, Samneungno street was renamed Teheran-ro, which then ran through a relatively underdeveloped area that had been annexed into Seoul in 1963.
Economy
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The area hosts major domestic
internet portals
Daum
and
Naver
as well as
Google
.
Samsung Electronics
and
Hynix
both operate offices there. Various South Korean and international financial and business institutions including
POSCO
,
Standard Chartered
and
Citibank
also maintain offices there.
Jungsuck Building, the headquarters of
Kakao M
(now
Kakao Entertainment
), one of the largest music companies in the country, is located in Teheran-ro.
The explosive growth of Teheran-ro is discussed by the architect and researcher
Sun-Young Rieh
in her Korean-language book
Boom or Bust?: The future of Teheran-ro after the Gangnam Building Boom
. The work analyzes aspects of urban planning related to sustainability, especially as regards energy regulations.
[2]
Photo gallery
[
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]
See also
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]
References
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]
External links
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]