Seoul's Bongcheon 14 District to Be Redeveloped Into 1,571-Unit Complex

Major Overhaul of Roads and Living Infrastructure Sagajeong, Gwangheungchang Long-Term Jeonse Housing Projects Approved Yeouido Park Second Sejong Center Project Gains Momentum

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By Jung Hye-jin
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Location map of Bongcheon District 14 in Gwanak-gu, Seoul. Photo courtesy of Seoul Metropolitan Government.
Rendering of the Gwangheungchang Station-area redevelopment in Sinsu-dong, Mapo-gu, Seoul. Photo courtesy of Seoul Metropolitan Government. - Seoul Economic Daily Finance News from South Korea
Location map of Bongcheon District 14 in Gwanak-gu, Seoul. Photo courtesy of Seoul Metropolitan Government. Rendering of the Gwangheungchang Station-area redevelopment in Sinsu-dong, Mapo-gu, Seoul. Photo courtesy of Seoul Metropolitan Government.

Bongcheon 14 District in Seoul's Gwanak-gu will be redeveloped into a large residential complex of up to 27 stories with a total of 1,571 housing units. The project aims to redevelop aging residential areas around Gwanak-ro while simultaneously improving public facilities and pedestrian environments, accelerating the reorganization of Gwanak-gu's western living zone.

null - Seoul Economic Daily Finance News from South Korea

The Seoul Metropolitan Government said Friday that it had approved the original plan for the modification of the Bongcheon 14 District redevelopment plan and redevelopment zone at its 8th Urban Planning Committee meeting on Thursday. The key element of this revision is adjustments to the area of state and public land transferred free of charge, as well as the floor area ratio, reflecting conditions presented during the project implementation plan approval process.

Bongcheon 14 District is a dense cluster of aging low-rise housing. Although it is located within the living zone connected to Seoul National University Station, it has long been criticized for its inadequate roads, pedestrian environment, and living infrastructure. Through this redevelopment project, the Seoul Metropolitan Government aims to expand housing supply while improving the overall environment of the living zone. After redevelopment, a residential complex of up to 27 stories with a total of 1,571 units will be built in the area. Along with the creation of medium- and large-scale complexes, public infrastructure will also be expanded. The plan includes the construction of a complex government building, a security center, parks, roads, and other infrastructure.

null - Seoul Economic Daily Finance News from South Korea

In particular, improving the pedestrian environment along Gwanak-ro has been incorporated as a key task. The Seoul Metropolitan Government plans to create a pedestrian-friendly living zone by improving sidewalks and expanding living service facilities. Although Gwanak-ro is an area with heavy foot traffic, it has been evaluated as having poor pedestrian convenience due to its vehicle-centered road structure and aging commercial environment.

The Urban Planning Committee also newly designated the Sagajeong Station area in Jungnang-gu and the Gwangheungchang Station area in Mapo-gu as redevelopment zones. The 69,712-square-meter redevelopment zone around 572-1 Myeonmok-dong, Jungnang-gu, will be developed into 16 buildings of up to 40 stories with a total of 2,037 units, including 567 long-term jeonse housing units and 137 redevelopment rental housing units. Half of the long-term jeonse housing will be supplied as "Mirinae House" for newlywed couples.

The area around 301-1 Sinsu-dong will be upgraded from a Class 2 General Residential Area to a Quasi-Residential Area, allowing the construction of a residential complex of up to 35 stories with a total of 640 units. Of these, 156 units will be supplied as long-term jeonse (a Korean lease system requiring a large lump-sum deposit instead of monthly rent) housing, along with the widening of side roads such as Dokmak-ro 26-gil and Tojeong-ro 17-gil and the expansion of pedestrian spaces.

The Seoul Metropolitan Government also approved the original plan for changes to the urban management plan for part of 2 Yeouido-dong, Yeongdeungpo-gu. The plan involves changing the zoning of approximately 39,500 square meters of land from a Natural Green Area to a Class 2 General Residential Area for the construction of the Second Sejong Center inside Yeouido Park. The Seoul Metropolitan Government plans to transform Yeouido Park beyond a simple green space into an "urban cultural park" equipped with performance, cultural, and leisure functions, fostering it as an international cultural and tourist attraction.

Original reporting by Jung Hye-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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