SH Corporation Signs Business Agreement with Eunpyeong-gu to Utilize Semi-basement Units in Purchased Rental Housing
Officials from Seoul Housing & Communities Corporation (SH Corporation) and Eunpyeong-gu signing an agreement.
View original image[Asia Economy Reporter Donghyun Choi] Seoul Housing and Communities Corporation (SH Corporation) announced on the 6th that it has signed a business agreement with Eunpyeong-gu to utilize the semi-basement spaces of purchased rental housing to provide convenience facilities for residents.
The main content of this agreement is that SH Corporation will provide 120 semi-basement units it owns to Eunpyeong-gu free of charge, and the district will use these facilities to create and operate community facilities for local residents. This is part of the ‘Space Welfare Project’ that SH Corporation has been continuously promoting to utilize neglected semi-basement spaces of purchased rental housing as spaces for local residents and tenants.
Through this agreement, Eunpyeong-gu plans to use two semi-basement spaces owned by SH Corporation within the Hyangnim Village urban regeneration project area as multipurpose community spaces such as a local residents’ gathering place, residents’ council office, shared village kitchen, resource circulation, energy-saving promotion, education and exhibition space, and village project activity space.
Starting with this case in Eunpyeong-gu, SH Corporation plans to expand the project to utilize semi-basement spaces of purchased rental housing as space welfare hubs for local residents. It will also hold consultations with other district offices to contribute to spreading the creation of social value in urban spaces.
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Kim Seyong, President of SH Corporation, stated, “Through the case of utilizing semi-basement spaces by young architects and Eunpyeong-gu Office, we plan to expand the project to use the semi-basement spaces owned by the corporation as community spaces for local residents in cooperation with other autonomous districts.”
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