Teheran-ro (translation "
Tehran Boulevard") is a street in the
Gangnam district of
Seoul,
South Korea. It runs from
Gangnam Station
Gangnam Station is a station located in both the greater Gangnam area Gangnam District and Seocho District of Seoul, South Korea, on the Seoul Subway Line 2.
This station serves as a crucial transfer point between Line 2 and buses to all over ...
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
Seoul Metropolitan City Route 90 () is an urban road located in Seoul, South Korea. With a total length of , this road starts from the Sinjeong-dong in Yangcheon District, Seoul to Amsa-dong in Gangdong District.
Stopovers
; Seoul
* Yangcheon Di ...
, and runs eastwards from
Gangnam Station
Gangnam Station is a station located in both the greater Gangnam area Gangnam District and Seocho District of Seoul, South Korea, on the Seoul Subway Line 2.
This station serves as a crucial transfer point between Line 2 and buses to all over ...
to
Samseong Station and the
COEX/
KWTC
World Trade Center Seoul (WTC Seoul) () is a building complex centered on the COEX Convention & Exhibition Center (Coex) on Teheranno in Samseong-dong, Gangnam-gu district of Seoul. It is operated by KITA (Korea International Trade Association). ...
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.
Name
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
The area hosts major domestic
internet portals Daum and
Naver
Naver (Hangul: 네이버) is a South Korean online platform operated by the Naver Corporation. It was launched in 1999 as the first web portal in South Korea to develop and use its own search engine. It was also the world's first operator to in ...
as well as
Google.
Samsung Electronics and
Hynix both operate offices there. Various South Korean and international financial and business institutions including
POSCO
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, i ...
,
Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 9 ...
and
Citibank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...
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.
Photo gallery
Image:Tehran Road post, Seoul, Korea.jpg, Road post that says "Tehran Road" both in Korean hangul (테헤란로) and Persian (خیابان تهران).
Image:Posco_intersection.JPG, Posco intersection
Image:Posco_sunset.jpg, Posco sunset
Image:Posco_walkway.JPG, A small walkway on a rainy day, in front of the Posco building
Image:Teherannosign.jpg, Roadsign, COEX-KWTC
World Trade Center Seoul (WTC Seoul) () is a building complex centered on the COEX Convention & Exhibition Center (Coex) on Teheranno in Samseong-dong, Gangnam-gu district of Seoul. It is operated by KITA (Korea International Trade Association). ...
intersection
See also
Seoul Street
Seoul Street ( fa, خیابان سئول) is a street that runs in the north of Tehran, Iran, close to the city's Evin district.
Name
On 27 June 1977, the Seoul Metropolitan Government suggested that the cities of Seoul (the capital of South Kore ...
References
High-technology business districts
Streets in Seoul
Iran–South Korea relations
{{SouthKorea-geo-stub