Opening of the Yeouido Station to Park One Underground Passage in Yeongdeungpo-gu

Extension and Opening of Yeouido Station~SIFC Underground Passage to Parc 1 on the 5th... Preparing for Increased Foot Traffic Due to Parc 1 Development... Enhancing Public Transport Access and Pedestrian Convenience... Connecting Key Yeouido Hubs like Yeouido Station, SIFC, Parc 1, and Residential Areas

[Asia Economy Reporter Jong-il Park] Yeongdeungpo-gu (District Mayor Chae Hyun-il) extended and opened the Yeouido public underground walkway connecting Yeouido Station and the Seoul International Finance Center (SIFC) to Parc 1, a new landmark in Yeoui-dong, Yeongdeungpo-gu, Seoul, on the 5th.

This public underground walkway extension project was carried out with the purposes of ▲improving public transportation accessibility ▲enhancing pedestrian convenience and safety ▲maximizing the use of newly developed underground spaces, in anticipation of an increase in foot traffic in Yeouido due to the Parc 1 development plan.

The construction site is located at 2-3 Yeouido-dong, Yeongdeungpo-gu, and the project was undertaken by Y22 Project Finance Investment. After receiving the district's implementation plan approval in April 2018, construction began and was completed by 2020.

The existing underground walkway, which was 363 meters long, has been extended to a total length of 518 meters through this project. The width of the newly extended underground walkway connecting the Seoul International Finance Center and Parc 1 ranges from 16 to 20 meters, with a total area of 4,232 square meters.

This underground walkway includes an underground pedestrian path, underground plaza, underground shopping area (19 units), four underground access facilities, and other ancillary facilities. Convenience facilities such as 10 moving walkways, 2 elevators, and 4 escalators were also installed.

The newly opened underground walkway connects Yeouido Station on Seoul Subway Lines 5 and 9, the Yeouido Parc 1 complex, as well as surrounding apartment complexes, thereby enhancing convenience for residents and pedestrians.

The district has signed a public agreement for one unit of the underground shopping area to be used as a space for social enterprises to develop sales channels and other purposes.

Chae Hyun-il, Mayor of Yeongdeungpo-gu, stated, “The newly extended underground walkway will provide a pleasant and convenient pedestrian space suitable for Yeouido’s regional characteristics, which sees a large flow of people related to banking, securities, and finance. By linking major hubs such as Yeouido Station, the Seoul International Finance Center, and Parc 1, as well as residential complexes and leisure spaces like Hangang Park and Yeouido Park, we expect this to serve as a foundation for a new leap forward in the Yeouido area.”

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