The Superlative Group was recently hired by Inspire Integrated Resort Co. Ltd. to complete a full asset inventory and valuation of their new resort. INSPIRE is a wholly owned special purpose corporation set up in South Korea by Mohegan Gaming and Entertainment (“MGE”), a leading integrated resort and casino developer and operator in the United States, to develop Inspire Entertainment Resort, a multipurpose entertainment resort in Yeongjong-do, Incheon. The resort is currently under construction at Incheon International Airport’s International Business Complex-III area on 1.7 million square meters of ground space and is due for completion by June 2022. The resort comprises a five-star hotel with 1,257 rooms, a foreigner-only casino, an indoor arena (“the arena”), a MICE center and various other entertainment facilities. The arena is an integral part of Inspire Entertainment Resort and will be the first multipurpose indoor arena in South Korea upon completion. With the size of 33,000m2 and the seat capacity of 15,000 people, the arena will be one of the biggest, state-of-the art event venues in the Northeast Asia.
