Yangcheon-gu Sinwol 1-dong Selected for Seoul City Urban Regeneration Hope Site Project

After One Year of Implementing Projects to Strengthen Resident Capacity, Plans to Participate in Small-Scale Residential Area Regeneration and Ministry of Land, Infrastructure and Transport New Deal Projects

[Asia Economy Reporter Park Jong-il] The area around 136-15, Sinwol 1-dong, Yangcheon-gu (Mayor Kim Soo-young) has been finally selected as a target site for the Seoul Urban Regeneration Hope Site Project in the second half of 2019.

Sinwol 1-dong, selected as the target site, was developed as a single-family housing area through a land readjustment project in the 1970s. However, due to housing height restrictions caused by aircraft flight paths, regional development progressed slowly, and the lack of cultural and educational facilities led to problems such as aging caused by the younger generation leaving the area, creating a need for measures to revitalize the city.

Sinwol 1-dong was selected as a project target site expected to have urban regeneration effects after comprehensive review including document evaluation, on-site inspection, presentation evaluation, and in-depth evaluation by the Seoul City Evaluation Committee composed of external experts in urban and architectural fields, humanities and social fields, and community and social economy fields.

Accordingly, about 160 million KRW will be invested over the next year in Sinwol 1-dong to implement various projects centered on the resident community to form consensus on urban regeneration and activate resident participation, including ▲ urban regeneration education and promotion ▲ operation of resident meeting spaces ▲ programs to revitalize resident meetings ▲ resident proposal contest projects.

In addition, based on the resident capabilities formed through the Hope Site Project, the district plans to continuously review ways to develop the area through small-scale regeneration projects and urban regeneration project contests such as the Ministry of Land, Infrastructure and Transport’s New Deal projects.

Kim Soo-young, Mayor of Yangcheon-gu, said, “Following the selection of Sinwol 3-dong as a Seoul Urban Regeneration Activation Area in April last year, urban regeneration projects are now being actively promoted throughout Sinwol-dong, including the selection of Sinwol 1-dong as a Hope Site.” He added, “We will spare no administrative support to enhance the city’s competitiveness and restore the local community through urban regeneration projects.”

For inquiries, contact the Innovation City Planning Office (☎2620-3450).

This content was produced with the assistance of AI translation services.