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JYP Entertainment’s new HQ — the one not just Park Jinyoung but JYP stans and even K-pop fans have been waiting for — is facing delays. With construction costs rising across the industry, the original plan to break ground in December 2025 has reportedly hit a snag. The company is said to be reassessing the total budget before moving forward. Industry estimates previously put the project at over 200 billion KRW (roughly $138 million USD), but soaring global raw material prices, exchange rates, labor costs, and related financial expenses have pushed projected costs even higher. For large-scale builds like this, timelines stretch long — and total costs can shift by hundreds of millions of dollars. Even JYP, known for its solid financial management, is now reportedly revisiting its funding strategy. Park Jinyoung once proudly said the new building was “built by TWICE and Stray Kids.” Hopefully, we’ll get to see this iconic building rise sooner rather than later. 🏗️✨ JYP 엔터테인먼트의 신사옥 ...

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