[Asia Economy (Hongseong) Reporter Jeong Il-woong] Five local governments, including Okryong-dong in Gongju-si, Chungnam, have been selected for the ‘Urban Regeneration New Deal Project’ in their towns and neighborhoods. Including these five locations, Chungnam will promote the Urban Regeneration New Deal Project in a total of 29 places from last year through this year.


According to Chungnam Province on the 22nd, in the recent Ministry of Land, Infrastructure and Transport’s ‘2020 3rd Central Public Contest Project,’ the following were included in the project site list: ▲Okryong-dong, Gongju-si (Gongju Innovation Center) ▲Mojong-dong, Asan-si (Asan The Saeroyi Center) ▲Dongmun-dong, Seosan-si (Yulji-ro Resident Vitality Improvement) ▲Eumnae-dong, Seosan-si (Complex Cultural Community Center) ▲Haok-ri, Geumsan-eup (Happiness Welfare Cultural Center).


Following the New Deal project selection, Gongju-si will invest 11.514 billion KRW over three years in the Okryong-dong area (5,835㎡) to build the Gongju Innovation Center, a three-story building with a total floor area of 3,927㎡. The center will include a pilotis public parking lot, an open garden and shared shops (1st floor), public offices and educational spaces (2nd floor), and resident exchange and cultural welfare facilities (3rd floor).


Asan-si will invest 8.4 billion KRW in the Mojong-dong area (3,179㎡) to transform the old fire station building, following the decision to relocate the Asan Fire Station, into the so-called ‘Asan The Saeroyi Center’ (1 basement floor, 3 above-ground floors, total floor area 3,879㎡). The Asan The Saeroyi Center will include a smart parking lot (basement 1), a care hideout (1st floor), a new middle-aged entrepreneurship lounge (2nd floor), and a youth startup incubating space (3rd floor).


Seosan-si will invest 10 billion KRW in the Dongmun-dong area (3,594㎡) for the Yulji-ro Resident Vitality Improvement Project (2 floors above ground, total floor area 5,100㎡), securing large-scale parking spaces, outdoor resting areas, and resident community spaces, while expanding urban infrastructure in the old downtown area.


Additionally, Seosan-si plans to invest 10 billion KRW in the Eumnae-dong area (2,281㎡) to create a complex community center (2 floors above ground, total floor area 2,400㎡).


Geumsan-gun will invest 6.17 billion KRW in the Haok-ri area of Geumsan-eup (2,138㎡) to build the Happiness Welfare Cultural Center (4 floors above ground, total floor area 2,591㎡), a resident community facility, along with a small park and parking spaces, aiming to revitalize the village community and establish living infrastructure.


These projects are meaningful in that they aim to improve the environment by revitalizing the old downtown areas without demolishing the existing village forms, in line with the purpose of the New Deal projects.


Previously, Chungnam had 19 locations selected as Urban Regeneration New Deal project sites last year, and this year, five additional sites (2 central, 3 metropolitan) were selected in the 1st and 2nd rounds. Including the recently selected five sites such as Okryong-dong in Gongju-si, the total number of New Deal project sites in Chungnam increases to 29.


The total project cost amounts to approximately 1.7093 trillion KRW, and the projects will be used for revitalizing old downtown areas and creating jobs.



An official from the province said, “We will ensure that the New Deal projects serve as an opportunity to expand the supply of living-type SOC and regional innovation hub spaces,” adding, “Furthermore, the province will strive to realize four major goals: housing welfare, strengthening urban competitiveness, social integration, and job creation.”


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

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