A National Sports Center to Be Established in Jinhae, Changwon City ... Opening in 2023

Changwon Mayor Heo Seong-mu (left) and Kamco President Moon Seong-yu signed a contract for the construction of corporate tenant spaces on the 10th.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Min Dosik] The National Sports Center will open in 2023 on the site of the former Army University in Jinhae-gu, Changwon-si, Gyeongnam.

On the 10th, Changwon City announced that it signed a consignment contract with Korea Asset Management Corporation (KAMCO) for the construction project of the Yeojwa District National Sports Center.

According to the agreement, KAMCO will invest 35 billion KRW to build a National Sports Center with one basement floor and five above-ground floors on part of the former Army University site in Yeojwa-dong, Jinhae-gu, owned by Changwon City.

The center, scheduled to open in 2023, will include a swimming pool, fitness center, gymnasium, and indoor rock climbing facilities. KAMCO will operate the National Sports Center for 30 years after completion.

During the 30 years that KAMCO operates the National Sports Center, the city will repay the project costs borne by KAMCO. In addition to the National Sports Center, various research facilities will be established on the former Army University site.

Mayor Heo Seong-mu said, “Promoting the National Sports Center construction project as the nation’s first public consignment development project is intended to build an efficient building by considering everything from design to operation,” and added, “Once the Yeojwa National Sports Center is completed, it will become a facility that greatly enhances the convenience not only for local residents but also for the research institutes and company employees moving into the Yeojwa District.”

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