Seoul City "Transit-Oriented Complex Development in Hongdae, Sillim, etc."... How Will It Change?

[Asia Economy Reporter Yuri Kim] The areas selected as pilot sites for Seoul's transit-oriented complex development are around Gongneung Station, Banghak Station, Hongdae Entrance Station, Sinlim Line 110 Station, and Boramae Station, totaling five locations.

On the 28th, Seoul City announced the basic plan for these pilot sites. These locations are ideal for young people and newlyweds as they are near universities or planned new subway stations. A total of 1,471 housing units (public and private) and living SOC will be newly supplied in these pilot sites.

According to the basic plan, a total of 1,471 housing units will be supplied across the five transit-oriented areas, including 1,166 private units and 305 public rental units. Through increased floor area ratio contributions, 305 public rental housing units, 3,097㎡ of public rental office space (gross floor area), 1,743㎡ of public rental commercial space, 4,757㎡ of community-required facilities, and 2,703㎡ of shared parking will be secured, expanding various necessary facilities in the area. Private developers are expected to secure 1,166 apartment units and a total gross floor area of 55,574㎡ for offices and commercial spaces.

Near Gongneung Station (site area 6,971㎡), there are five universities and a large population of young people in their 20s and 30s. Considering these local characteristics, a total of 450 housing units mainly consisting of small-sized units will be expanded. A youth startup support center, where planning, production, and sales of youth startups are conducted in a one-stop manner in connection with nearby university resources, and public rental commercial spaces will also be established. Local convenience facilities that were previously lacking, such as Our Neighborhood Care Center and sports facilities, will be created.

The area around Banghak Station (site area 3,265㎡) is currently used as a taxi garage. This area also has many nearby universities. It has potential as a double transit-oriented area due to the planned new Ui-Sinseol Line (extension). To supply housing tailored for young people, all residential units (total 276 units) will be built as small-sized units, and to strengthen public medical services for pregnant women, infants, and chronic patients, a health center will be expanded.

The area around Hongdae Entrance Station (site area 4,727㎡) is one of the most densely populated areas for young one- to two-person households in Seoul. It will be developed into a space where young people’s living, working, and resting areas are harmonized. A total of 538 high-quality housing units, mainly small-sized units and share houses, will be supplied, and startup, cultural, and activity spaces where young people can stay and be active 24 hours a day will be expanded. Considering the high pedestrian and floating population around Hongdae Entrance Station, pedestrian spaces will be secured by utilizing front and open public spaces, and public parking lots will be installed to resolve illegal street parking issues.

The area around Sinlim Line 110 Station (site area 1,779㎡) is adjacent to the planned new station on the light rail Sinlim Line and is located near Seoul National University, where the proportion of young one- to two-person households is high. A youth-tailored complex building including educational facilities, offices for youth startup support, and public rental housing in the form of share houses (21 units) will be constructed here.

The area around Boramae Station (site area 2,740㎡) is expected to see an influx of 3- to 4-person households with infants and young children and an increase in floating population due to the transfer station potential from the new light rail Sinlim Line. Considering this, small to medium-sized housing (186 units), neighborhood living facilities such as hospitals for infants and young children, retail facilities, and academies will be expanded, and public facilities needed in the area, such as health centers, will be built.

Seoul City plans to initiate urban management plan change procedures such as zoning changes and district unit plan decisions for the five sites within the first half of the year, complete them within the year, and begin construction in the first half of next year.

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