182 Units of Station-Area Youth Housing to Be Built in Guui-dong, Gwangjin-gu
[Asia Economy Reporter Donghyun Choi] A transit-oriented youth housing complex with 182 units will be built in Guui-dong, Gwangjin-gu, Seoul.
On the 22nd, Seoul City announced that it held the 5th Transit-Oriented Youth Housing Authorization Subcommittee on the 21st and approved a revised urban management plan change decision for the transit-oriented youth housing project in the area of 246-61 Guui-dong.
With the approval of this authorization subcommittee review, once the district unit plan is decided and announced, a transit-oriented youth housing complex with 182 units will be constructed on a 692.5㎡ site.
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The transit-oriented youth housing project is a system where, in exchange for administrative convenience provided by Seoul City, private developers build rental housing (public and private) within a 500m radius of a station area and prioritize supplying it at prices lower than the surrounding market rates to youth aged 19 to 39.
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