Completion of the 'Open Studio' for Urban Regeneration in Sangdo 4-dong, Dongjak-gu

Providing Startup Activity Spaces for Youth and Residents to Foster Young Entrepreneurs... Operating Programs Supporting Local Community Formation... Constructed with a Total Floor Area of 226㎡, 1 to 4 Floors Above Ground... Facility Operation Entity to Be Selected by End of March, Pilot Operation Scheduled from April

[Asia Economy Reporter Park Jong-il] Dongjak-gu (Mayor Lee Chang-woo) has completed the construction of the Open Studio (Seongdaero 25ga-gil 8), a pilot project for urban regeneration in Sangdo 4-dong targeting youth and residents.

The Open Studio provides a space for entrepreneurship activities to local youth and residents, aiming to foster young entrepreneurs and ensure the sustainability of the urban regeneration project. A total of approximately 1.6 billion KRW was invested in this project.

The building has a total floor area of 226㎡, with 1 to 4 floors above ground. The first floor is a community facility for residents, the second and third floors are entrepreneurship support spaces for youth and residents (single rooms, three-person rooms, five-person rooms), and the fourth floor is a rest area.

The community facility on the first floor plans to offer educational support programs for children and the elderly, playing a role in forming the local community.

The district will select an operating entity for the facility through a public contest targeting corporations composed of Sangdo 4-dong residents by the end of March, conduct a pilot operation for about six months starting in April, and then proceed to full operation.

Meanwhile, since Sangdo 4-dong was selected as a Seoul-type urban regeneration pilot area in December 2014, the district has invested a total of 10.5 billion KRW over five years to complete projects such as ▲ alley park creation ▲ crime and fire safety alley creation ▲ Sangdo Eoulmadang (anchor facility) construction ▲ historical theme trail creation.

With the completion of the Open Studio, the pilot urban regeneration project has been fully concluded.

Park Beom-jin, Director of Strategic Projects, said, “With the completion of the Open Studio, the pilot urban regeneration project in Sangdo 4-dong has been fully concluded. If sustainable regeneration by residents is established through their active participation, Sangdo 4-dong will become a representative model of a livable city.”

Inside the Open Studio

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