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from scratch

February 22nd, 2010 by Bryan

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Ten years ago, Gale was a builder and flipper of office parks who would eventually become known for knocking down the Boston landmark Filene’s Basement and replacing it with a hole in the ground. But Gale’s fate began to change in 2001 with a phone call from South Korea. The Korean government had found his firm on the Internet and made an offer everyone else had refused. The brief: Gale would borrow $35 billion from Korea’s banks and its biggest steel company, and use the money to build from scratch a city the size of downtown Boston, only taller and denser, on a muddy man-made island in the Yellow Sea. When Gale arrived to see the site, it was miles of open water. He signed anyway.

…read it all on Fast Company.

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