Yeosu City Begins Residential Land Development in Soho-dong Soje District This Year

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Yeosu City, Jeollanam-do (Mayor Kwon Oh-bong) announced that it has "won the final victory in the administrative lawsuit filed by some landowners in the Soje District."

Some landowners in the Soje District proposed the designation of an urban development project district, but when Yeosu City rejected it, they filed a lawsuit and ultimately lost at the Supreme Court. According to Yeosu City, on the 14th, the Supreme Court ruled in favor of Yeosu City in the lawsuit filed by some landowners in the Soje District seeking the "cancellation of the refusal to designate the urban development project district and to draft a development plan."

The court stated, "After reviewing both the original judgment and the reasons for appeal, it is recognized that there is no reason, so the appeal is dismissed in its entirety." In March 2018, some landowners in the Soje District proposed the designation of an urban development project district to Yeosu City, but when Yeosu City rejected it, they filed a lawsuit and lost in both the first and second trials.

Yeosu City has been working on the Soje District development by changing the Yeosu National Industrial Complex development plan and starting detailed design since 2016, and began land compensation in June last year. Construction started this year with a goal of completion in 2023.

The city plans to invest 183.4 billion KRW to develop residential land, detached housing land, neighborhood living land, commercial land, and residential facility land on a 418,000㎡ site in Soje Village. The planned population is 7,985 people, with 3,193 households expected to move in.

In particular, about 49% of the area will be public facilities such as parks and green spaces, aiming to create a safe residential area where citizens can live with peace of mind. It is expected to contribute to the population inflow into Yeosu City once full-scale occupancy begins.

A city official stated, "With the conclusion of this administrative lawsuit, land development will proceed smoothly," and added, "We will create a quiet and dignified safe village suited to the local characteristics to resolve the regional housing shortage."

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