The Story of Resident A in Dongdaemun-gu Sharing Parking Space and Receiving Support Funds...

Night or Daytime Empty Parking Space Opening Applications... Support up to 25 Million KRW for Parking Space Securing and Sharing Culture Expansion Including Barriers, CCTV, Parking Lot Painting, and Liability Insurance Fees

[Asia Economy Reporter Jongil Park] Dongdaemun-gu (Mayor You Deok-yeol) is accelerating efforts to alleviate parking difficulties by promoting a project that provides parking facility improvement subsidies to buildings that apply to open their attached parking lots.

The attached parking lot opening support project allows parking spaces that are vacant during nighttime or daytime to be opened to neighbors, helping to ease parking difficulties and ultimately overcome the limitations of parking supply.

The support targets buildings with attached parking lots within the district (companies, commercial buildings, etc.), apartments, schools, and small rental housing. A minimum of 5 or 10 parking spaces per building must be opened, and if opened full-time for more than 2 years, support of up to 25 million KRW is available.

Dongdaemun-gu provides not only parking facility improvement subsidies such as installation of parking barriers, CCTV, guide signs, locks, and parking lot repainting for buildings that apply to open their parking lots, but also covers costs necessary for parking lot operation and management, including parking liability insurance premiums and maintenance of extended opening facilities (subsidies provided up to 2 extensions).

Additionally, the district has established management regulations allowing the imposition of towing fees, storage fees, and towing actions on users who park outside the designated opening hours in the opened attached parking lots, alleviating concerns about potential issues arising from opening.

Applications can be made by contacting the Parking Administration Division of Dongdaemun-gu Office. After consultation and an on-site visit by the person in charge, application submission is possible. The district plans to provide subsidies after assessing the building’s location, number of parking spaces, demand for the opened parking lot, and construction details.

You Deok-yeol, Mayor of Dongdaemun-gu, stated, “We are promoting various parking sharing projects to resolve the chronic parking difficulties in residential areas and to spread a culture of sharing. Through this project, we hope to actively discover idle parking spaces and ease residents’ parking concerns even a little.”

Along with opening attached parking lots, the district is continuously promoting parking sharing projects to overcome the shortage of parking spaces by securing a total of 4,777 parking spaces through resident-priority parking lots and Green Parking sharing projects.

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