Songdo IBD, designed by Kohn Pedersen Fox, is located on the waterfront of Incheon, South Korea covering 1,500 acres. It is expected to cost over $30 billion and house 75,000 residents, and handle 300,000 commuters. Of the 1,500 acres, 40% of that will be open, green space, park and golf course, and the city will be easily traveled by foot and mass transit.