Gongdeok 1 District with 'Tenant Measures' to Build 1,121 Households

[Asia Economy Reporter Yuri Kim] The Gongdeok 1 District in Mapo-gu, Seoul, is being reborn as an apartment complex with 1,121 households by including a 'Tenant Measures for Detached House Reconstruction' in the redevelopment plan.

On the 18th, Seoul City held the 3rd Urban Planning Committee meeting and announced on the 19th that it had approved a revised version of the 'Gongdeok 1 Detached House Reconstruction Redevelopment Zone and Redevelopment Plan Decision (Amendment)' for the area around 105-84 Gongdeok-dong, Mapo-gu.

This redevelopment plan amendment reflects the tenant measures for detached house reconstruction implemented by Seoul City. It is the first case among zones where the management disposition plan has been approved. The core of the measure is that if the project implementer compensates tenants for losses equivalent to redevelopment, they can receive a floor area ratio (FAR) incentive of up to 10%. It also includes provisions to provide rental housing opportunities to tenants (homeless persons) who are displaced by detached house reconstruction demolition, similar to tenants in redevelopment areas.

After reflecting the tenant measures, Gongdeok 1 District received a 6.85% FAR incentive, increasing the existing FAR from 220.53% to 228.69%. Accordingly, the number of households increased by 20, from 1,101 to 1,121. The plan includes 64 small-sized housing units (Happy Housing). The redevelopment zone covers an area of 58,426.0㎡, and changes to the lot plan were also made to reflect the results of consultations regarding religious land within the project area. The architectural plan will be finalized later through the Seoul City Architectural Deliberation Committee.

A Seoul City official stated, "The revised redevelopment plan, which reflects tenant measures for detached house reconstruction, will be finalized after going through the management disposition amendment approval," adding, "It is expected to become a model case for tenant measures."

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