Creation of Public Parking Lot at Namsung Sagye Market in Dongjak-gu

By December, a total project cost of 8.7 billion KRW invested to develop the area around 129-9 Sadang-dong... Construction of a 661㎡ flat parking lot with 23 spaces... Revitalizing local commerce and enhancing market competitiveness

[Asia Economy Reporter Jongil Park] Dongjak-gu (Mayor Changwoo Lee) will create a public parking lot for Namseong Sagye Market in the area of 129-9 Sadang-dong by December.

This project was promoted to resolve residents' inconvenience in passage caused by illegal parking around traditional markets and to revitalize the local commercial district and strengthen market competitiveness.

Namseong Sagye Market covers an area of 10,984㎡ and currently has about 140 stores clustered together. It is a representative traditional market in the district with an average daily foot traffic of about 15,600 residents and visitors using the market.

Last year, the district was selected in the Ministry of SMEs and Startups' traditional market revitalization contest and will invest a total project cost of 8.7 billion KRW (including land acquisition costs) to create a 661㎡ flat-type public parking lot with a total of 23 parking spaces.

First, last year, the district conducted on-site investigations with experts, collected opinions from nearby merchants and residents, and carried out feasibility studies by specialized institutions to prepare a plan prioritizing residents' convenience.

The district will complete land acquisition by this month, proceed with detailed design for confirming compliance with parking lot installation standards and installing safety facilities considering vehicle flow, and start construction from October.

The public parking lot will include parking spaces for disabled persons and female drivers, as well as spaces suitable for various vehicle types such as compact cars and SUVs.

Additionally, security lights and parking lot lighting, parking control and CCTV surveillance equipment, and drainage facilities will be installed at entrances and exits to enhance user safety.

After completion, the district plans to open the parking lot as an unmanned hourly public parking lot equipped with an automatic payment system in January next year.

Kim Byungseop, head of the Parking Management Division, said, “Through this project, we expect to simultaneously resolve parking difficulties near traditional markets and revitalize the local economy. We will continue to promote customized parking management projects by region to do our best to solve residents' daily inconveniences.”

Meanwhile, since December last year, the district has allowed parking on Sangdo-ro 327-313, about a 150m section near Sangdo Traditional Market, securing parking spaces for 25 vehicles using Sangdo Traditional Market every day from 12 PM to 2 PM and from 6 PM to 8 PM.

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