Gyeongbokgung Palace was the first royal palace built by the Joseon Dynasty, three years after the Joseon Dynasty was founded. Built in 1395, Gyeongbokgung Palace was located at the heart of newly appointed capital of Seoul (then known as Hanyang) and represented the sovereignty of the Joseon Dynasty. The largest of the Five Grand Palaces (the others being Gyeonghuigung Palace, Deoksugung Palace, Changgyeonggung Palace, Changdeokgung Palace), Gyeongbokgung served as the main palace of the Joseon Dynasty.
An effort by the Korean government has been ongoing since 1990 to rebuild and restore the buildings that were destroyed during the Japanese occupation. This 40-year restoration project aims to fully restore Gyeongbokgung Palace to its original form in the next twenty years. The palace also houses the National Palace Museum of Korea and the National Folk Museum of Korea.