On the 23rd, Byeon Chang-hoom, President of LH (left in the photo), and Eun Soo-mi, Mayor of Seongnam (right in the photo), who attended the 'Basic Agreement for Preparing Public Development Plans for the Seongnam Water Quality Restoration Center Site' held at Seongnam City Hall, Gyeonggi Province, are taking a commemorative photo after signing the agreement. (Provided by LH)

On the 23rd, Byeon Chang-hoom, President of LH (left in the photo), and Eun Soo-mi, Mayor of Seongnam (right in the photo), who attended the 'Basic Agreement for Preparing Public Development Plans for the Seongnam Water Quality Restoration Center Site' held at Seongnam City Hall, Gyeonggi Province, are taking a commemorative photo after signing the agreement. (Provided by LH)

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[Asia Economy Reporter Lee Chun-hee] Korea Land and Housing Corporation (LH) and Seongnam City have joined hands to supply housing by utilizing the site of a relocated sewage treatment plant.


On the 23rd, LH announced on the 24th that it signed a "Basic Agreement for Establishing a Public Development Promotion Plan for the Seongnam Water Quality Restoration Center Site" with Seongnam City at Seongnam City Hall in Gyeonggi Province.


The Seongnam Water Quality Restoration Center in Bokjeong-dong, Sujeong-gu, has been treating 460,000 tons of sewage daily since its completion in 1992. However, it has faced issues such as increased maintenance costs due to aging and complaints caused by odors. This agreement was prepared to resolve these problems by setting specific implementation plans and division of tasks between the two organizations regarding the relocation of related facilities and utilization of the former site.


According to the agreement, LH will establish and implement a public development project plan utilizing the former site, and Seongnam City will relocate the center to the site of the waste comprehensive treatment plant near the Tancheon Stream in Taepyeong-dong, Sujeong-gu, and mutually agreed to promote modernization projects such as underground construction.


Seongnam Water Quality Restoration Center in Bokjeong-dong, Sujeong-gu, Seongnam City (Provided by Seongnam City)

Seongnam Water Quality Restoration Center in Bokjeong-dong, Sujeong-gu, Seongnam City (Provided by Seongnam City)

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LH plans to designate the approximately 270,000㎡ former site as a public housing district, creating a "Youth Job Creation Belt" connecting Wirye New Town and Bokjeong District. It is expected that more than 80% of the total 3,000 households will consist of Happy Housing and National Rental Housing. LH will supply support facilities such as startup support housing and knowledge industry centers under the theme of "Youth Startup Specialized Village" to provide a stable foundation for independence for youth and early career workers, and will also prepare circular rental housing to support Seongnam City's urban redevelopment projects, contributing to local community development.


This project is scheduled to enter the district designation process in 2025 after the completion of the Seongnam Water Quality Restoration Center modernization project. The goal is to complete construction by 2029.


Meanwhile, the site was previously designated as Flight Safety Zone 1, where only military facilities and roads could be installed. However, LH explained that this project became possible after Kim Tae-nyeon, a member of the Democratic Party of Korea, supported the revision of the Military Base Act to allow the installation of public facilities such as environmental infrastructure that do not interfere with flight.



Byun Chang-heum, President of LH, said, "This agreement will be an opportunity to create a new cooperation model where LH and local governments coexist through the public development of relocated public facilities," adding, "We will continue to strive to work with more local governments to promote regional economic development and fulfill social responsibilities."


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

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