New Name for Seoul Northeast Startup and Job Complex Facility: 'Changdong Aureune'

Name Confirmed Through Public Contest ... Scheduled for Completion in September and Opening in October

Bird's-eye view of the Northeast Area Multi-Generational Complex Facility

[Asia Economy Reporter Jo In-kyung] Seoul City announced on the 29th that it has finalized the name of the Northeast District Generation Convergence Complex Facility, being constructed as a hub for employment, start-ups, and job creation for both youth and middle-aged generations, as 'Changdong Aurne.'

The winning entry was selected from a public contest held from March 5 to 18, overcoming a competition ratio of 743 to 1.

Changdong Aurne combines the Korean word 'aureuda' (to gather) and 'Renaissance,' meaning rebirth and revival, signifying a space that unites job creation facilities and fosters the regeneration and revitalization of the local economy. Like the medieval Renaissance, which brought new winds to society in culture, arts, architecture, and science, it embodies a space presenting a new paradigm for the economic revival of Seoul's Northeast District.

The facility, spanning from two basement levels to five above ground floors with a total floor area of 17,744㎡, will include a youth start-up space (Start-up Advancement Center), residential support facilities for young entrepreneurs and artists, employment and start-up support facilities for the middle-aged generation (50+ Northern Campus), and a Northeast District NPO Support Center. This will encompass various generations and promote the influx of young talent such as entrepreneurs and cultural artists.

Kim Seon-soon, Head of Seoul City's Regional Development Headquarters, stated, "We will complete construction by the end of September and open in October so that Changdong Aurne can become a start-up support space that embraces generations including youth and middle-aged groups, living up to its new name."

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