Imun 4 District, 3,720 Apartment Units to Be Built

Location map of Imun 4 District, Dongdaemun-gu, Seoul.

[Asia Economy Reporter Donghyun Choi] A 3,720-unit apartment complex will be built in Imun 4 District, Dongdaemun-gu, Seoul.

Seoul City announced on the 22nd that it held the 1st Urban Redevelopment Committee meeting on the 21st and approved the revised redevelopment promotion plan for Imun 4 District.

Imun 4 District is located at 86-1 Imun-dong, Dongdaemun-gu, adjacent to Handaeap Station and Hancheon-ro next to Jungnangcheon Stream. It was designated as a promotion zone in 2008, and after the establishment of the union in 2017, the promotion zone and plan were changed at this Urban Redevelopment Committee meeting.

The promotion zone was reduced from 151,388㎡ to 149,690㎡, and the promotion plan was changed to a maximum floor area ratio of 317% and a maximum height of 40 floors. The apartment complex is planned to be built with a total of 3,720 units, including 937 rental housing units.

A Seoul City official said, "Although Imun 4 District faced difficulties from the designation of the redevelopment promotion district to the establishment of the union, passing this review will give momentum to the project’s progress."

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