Therme Group has is expanding into Asia in collaboration with the South Korean Incheon Free Economic Zone (IFEZ) Authority to develop Therme Korea-Incheon – a wellbeing resort in the city of Incheon.

The landmark destination will be developed in the Songdo Golden Harbour: a commercial district in Songdo International Business District.

The development of the site follows the signing of an initial Memorandum of Understanding in 2022 by Therme Group, IFEZ and the City of Incheon. IFEZ then acquired two land plots from the Incheon Port Authority.

The land lease contract will undergo a final review by Incheon City’s Public Property Review Committee before construction can begin.

The site is a strategic location for Therme Group due to both its facilities and transport links. It has been designed as a comprehensive tourism and leisure complex with hotels, condominiums and retail and also has access for cruise ships and car ferries.

The project will measure 99,041 sq m across two commercial land parcels. The resort will feature Therme’s nature-integrated design, dome glass structures and year-round indoor facilities, including a spa, waterpark and wellness experiences.

Therme Korea-Incheon will have extensive botanical gardens, including more than 1,700 palm trees and 800,000 plants.

There will be an advanced water purification system on site, using ozone water treatment technology and air filtration.

Korean traditions of public social jjimjilbang baths and healthy food are expected to be on offer at this resort.

Kim Insook, COO of Therme Group Korea, said: “This agreement is the cornerstone of the wellbeing future in the Republic of Korea – anchored in trust, guided by vision, and dedicated to building a healthier future for all. Together, let us walk this path and create something unique for Incheon and Korea.”

Yoon Won-Seok, commissioner of IFEZ, said: “This business agreement elevates IFEZ’s value as a global complex city. Therme will go beyond being a tourism facility and become a landmark representing Songdo, injecting new vitality into the regional economy. We will provide full administrative support to ensure the project’s success.”

Therme Group Asia

Therme Group Asia is the division of Therme Group that is responsible for the roll-out of projects across Asia.

Therme Group sees Asia’s diversity of cultures, climates, and societies as an opportunity to “bring a refined model of urban living and wellbeing to many millions of people.”

The group is organised into teams with specific regional focuses.

Therme Group Asia’s team in South Korea is expected to lead the development in urban centres throughout South Korea, including the Incheon project.