What: It will be located in Suseo Station Transit Centre.

Why is it important: Shinsegae said the operating area would be about 83,000-square-meters, and it would become its second largest department store after its Gangnam Branch.

The project aims to develop a 115,927-square-meter site around the SRT Suseo Station in Gangnam District, Seoul, into a complex of commerce and businesses.

It is the second time the department store is participating in a project involving a train transit complex. In 2016, the company opened a department store branch at Dongdaegu Complex Transfer Center at Dongdaegu Station in Daegu.

Shinsegae Department Store to build new landmark in Suseo