Dapsimni Auto Parts Market to Host a 103m Tall Mixed-Use Building

[Asia Economy Reporter Yuri Kim] The redevelopment project of the Dapsimni Auto Parts Market in Dongdaemun-gu, Seoul is gaining momentum.

On the 20th, the Seoul Metropolitan Government held the 7th Urban Planning Committee meeting and announced on the 21st that it had approved the revised maintenance district and maintenance plan change for the Dapsimni Auto Parts Market redevelopment project in Dongdaemun-gu.

The project site is located at 952 Dapsimni-dong, Dongdaemun-gu, covering an area of 17,914.0㎡. The land use zones consist of a general commercial area (16,219㎡) and a first-class general residential area (small park, 1,695㎡).

The auto parts market maintenance project area reflects Special Planning Zone 3 (Janganpyeong Auto Parts Central Market) from the 'Janganpyeong Area Urban Regeneration Activation Plan (Seoul Metropolitan Government Notice No. 2016-228)' and the 'Janganpyeong Area District Unit Plan (Seoul Metropolitan Government Notice No. 2018-259)'. Accordingly, the existing park location is maintained, with a maximum building height of 103m, floor area ratios of base 600%, permitted 770%, and maximum 840%, and plans for buildings designated for office facilities, multi-family housing, and retail facilities. The number of multi-family housing units is planned at 608, of which 118 units are rental housing. The relaxation of the residential floor area ratio (400%) has secured rental housing, and public contributions include industrial rental spaces and public parking lots.

The Seoul Metropolitan Government stated, "The Dapsimni Auto Parts Market redevelopment maintenance district will play a central role in the auto parts industry," adding, "Since this Urban Planning Committee decision aims to secure efficient industrial spaces and create future-oriented complex spaces, it is expected to accelerate the urban regeneration activation project in the Janganpyeong area."

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