Gyeonggi Provincial Government New Building Underground Parking Lot Breaks Ground on 24th... 109 Billion Won Invested
[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is investing 109 billion KRW to build an underground parking lot with four basement levels at the 'Gyeonggi Convergence Town' (Gyeonggi Provincial Government New Office Building).
Gyeonggi Province announced on the 24th that it has started construction of a parking lot with a total area of 51,434㎡ across four basement levels of the Gyeonggi Convergence Town, which includes the Gyeonggi Provincial Government New Office Building, Gyeonggi Southern Office of Education, and Gyeonggi Provincial Representative Library located in Yeongtong, Suwon, Gwanggyo New Town. The parking lot will accommodate 1,326 vehicles.
The construction is scheduled to be completed by April next year, and the area above the underground parking lot will be developed into a grass plaza to serve as a resting space for citizens.
The project cost totals 109 billion KRW, including 51.9 billion KRW for land acquisition and 57.1 billion KRW for construction. The entire amount will be covered by the profits from the sale of commercial and office facility land within the Gyeonggi Convergence Town as part of the complex development revenue.
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Yoon Sung-jin, Director of the Provincial Construction Headquarters, stated, "Starting with the construction of the underground parking lot, we will steadily establish the infrastructure of Gyeonggi Convergence Town, including the Gyeonggi Garden, and thoroughly manage the construction to prevent any damage to residents caused by noise, dust, or vibration during the construction period."
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