Korea Railroad Accelerates Geumcheon-gu Office Station Development Project... Construction of Happy Housing on Idle Land

Concept Plan Example for Geumcheon-gu Office Station Complex Station Development (Photo by Korea Railroad)

[Asia Economy Reporter Moon Jiwon] Korea Railroad Corporation (KORAIL) announced that starting from the 18th, it will begin the "Geumcheon-gu Office Station Complex Station Development Project Operator Contest" to rebuild Geumcheon-gu Office Station on Seoul Metropolitan Subway Line 1, which is 39 years old.

The project site covers 4,520㎡ of railway land in the Siheung-dong area of Geumcheon-gu, Seoul.

This is a station development project to demolish the old and cramped existing station and rebuild it as a complex space with various functions including railway facilities, commercial, business, and cultural facilities.

KORAIL expects the station size, which was only 900㎡ in total floor area, to expand to about 18,000㎡ including commercial complex facilities, and convenience facilities such as elevators, waiting rooms, and nursing rooms will be greatly expanded.

The idle railway land around Geumcheon-gu Office Station is planned to be used for Happy Housing, a government residential policy project. To this end, KORAIL has agreed to actively cooperate with the Ministry of Land, Infrastructure and Transport, Korea Land and Housing Corporation (LH), and Geumcheon-gu to jointly promote the construction of the complex station and Happy Housing.

The deadline for submitting project applications is August 17. KORAIL will hold an evaluation committee composed of internal and external experts in August to select the preferred negotiator.

Sung Kwang-sik, Head of KORAIL's Business Development Headquarters, said, "The complex development of Geumcheon-gu Office Station will be the first case where the improvement of an aging station and the supply of housing for residential welfare create synergy," and added, "We will accelerate the project promotion."

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