South Korean tech magnate proposes $1.2 billion town center for Osceola’s Neocity

South Korean tech magnate proposes $1.2 billion town center for Osceola’s Neocity

Korean tech billionaire Young-hwa Song will pay Osceola County $14.125 million for 25 acres in the county’s Neocity technology district and pledges to deliver a $1.2 billion mixed-use town center, according to the terms of an exclusive negotiating agreement unanimously approved by commissioners Monday.

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