Dongincheon Station Seeks to Regain Former Glory... Launch of '2030 Urban Regeneration Activation Plan Establishment Project'

Incheon City held a kickoff briefing on the 'Dongincheon Station 2030 Station Front Project Activation Plan' on the 22nd.
[Photo by Incheon City]

[Asia Economy Reporter Park Hyesook] Incheon City is set to fully launch an urban regeneration project in the area to restore the former glory of Dongincheon Station during its heyday.

On the 23rd, Incheon City announced that it has begun a service to establish an urban regeneration activation plan for the 'Dongincheon Station 2030 Station Front Project,' a hub-linked New Deal project.

The hub-linked New Deal project is an urban regeneration initiative that includes the 'Dongincheon Station Area Complex Development Project,' a hub project implemented by the public corporation LH, and aims to establish and promote an urban regeneration activation plan targeting the surrounding areas (Jungang Market, street-side shops, residential areas).

Through the Dongincheon Station 2030 Station Front Project, the city plans to promote an urban regeneration project to develop the area around Dongincheon Station into a central downtown area of the original city where young people in their 20s and 30s gather, just like during its peak, by 2030.

Until the early 1990s, the area around Dongincheon Station was one of the busiest commercial districts in Incheon, but the floating population sharply declined as it was overshadowed by new town commercial districts such as Songdo and Cheongna.

In this service, the city plans to prepare promotion measures for four goals: revitalization of the station area commercial district, establishment of a self-maintenance foundation, reappraisal of historical and cultural value, and strengthening of local capabilities.

If institutional improvements or legal amendments are necessary, the city will consult with related organizations and announce the urban regeneration activation plan within this year after review by the Ministry of Land, Infrastructure and Transport's Urban Regeneration Special Committee.

The Dongincheon regeneration project has been underway since 2007 but has seen little progress due to the real estate market downturn and changes in development methods.

An official from Incheon City stated, "Since expectations and disappointments regarding public development have repeated over 13 years, we will actively reflect residents' opinions in the urban regeneration activation plan and proceed accordingly."

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