Gwangju Buk-gu, University Town-Type Urban Regeneration New Deal Project 'In Full Swing'

[Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Buk-gu, Gwangju Metropolitan City (District Mayor Moon In) announced on the 10th that it will actively promote the university town-type urban regeneration New Deal project together with Chonnam National University.

This project, which will invest a total of 30 billion KRW including national funds in the Jungheung-dong and the main gate area of Chonnam National University by 2023, aims to ▲ establish a foundation for youth startups ▲ revitalize local culture ▲ improve residents' quality of life and restore the community.

Buk-gu has completed the land acquisition for major facilities related to the project and is preparing to implement various detailed projects.

First, by next year, 8 billion KRW will be invested to build the ‘Happiness Harmony Center,’ a multi-purpose facility with functions such as startup education, cultural community, and community activities, spanning from basement level 1 to the 5th floor above ground.

With an investment of 2.5 billion KRW, a pedestrian environment improvement project will be carried out to create resting spaces for residents by demolishing the boundary fence adjacent to the university around the Happiness Harmony Center.

In particular, to revitalize the commercial districts around Jungheung-dong and Chonnam National University and to solve downtown parking problems, projects such as street landscape improvement (2.3 billion KRW), Ssamtzi Park creation (1.1 billion KRW), and public parking lot construction (4.5 billion KRW) will be promoted.

Throughout the project area, streetlights and crime prevention CCTVs will be installed to provide residents with a safe living environment through the Safe Village Design Development project.

Along with this, various local contribution programs for community restoration and capacity building will be operated in collaboration with Chonnam National University.

The Idea Factory project will be promoted to discover promising startup items and entrepreneurs, enhancing youth startup success rates through customized support at each stage such as technology development, prototype production, and marketing.

Other initiatives include the Urban Regeneration Living Lab contest project, which discovers residents' innovative ideas to solve local issues independently; the Humanities Village project for cultural urban regeneration; and the Cultural Fringe Festival, where university students, foreign international students, and local residents come together to experience global culture.

Moon In, Mayor of Buk-gu, said, “As this is the largest urban regeneration project since the 7th local government administration, we will strive to contribute to job creation and revitalization of local commercial districts together with residents and youth.”

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