Approximately 70% of the Korean peninsula is composed of mountains, around 99,274 $km^2$. Even worse, population rate of Korea is the No.3 in the world now. Accordingly, it is necessary to develop the potential underground space actively with the concept of another territory to be utilized. The development of underground space should be considered not a choice but an indispensable issue. Since 1970s, many large-scale underground structures have been constructed like as crude-oil storage bins, liquefied petroleum gas storage caverns, and underground pumped storage powerplants. Also, In urban area, the underground facilities such as subway networks, underground shopping mall, underground pedestrian network, electric power tunnels, and car parking lots have been used extensively. The scale of Yeosu oil and gas underground storage facility and Seoul subway systems are one of the massive scale in the world. Recently, the trend of the development of underground space becomes more diverse and larger scale. The current status of Korean underground space developments and strategy are described in this paper.