"'Yongsan Aljja' Asea Apartment to Start Construction in June... 969 Households to Be Built"

[Asia Economy Reporter Onyu Lim] An apartment complex with 969 units will be built on the site of the Asea Apartment in front of Ichon Hangang Park, Yongsan-gu, Seoul.

Yongsan-gu announced on the 22nd that it has approved the housing construction project plan for the Asea Apartment Special Planning Zone at 65-584 Hangangno 3-ga.

This site was formerly used as military land for the Yongsan US military base and the Republic of Korea Armed Forces Welfare Unit, and was designated as a special planning zone in 2001. In 2014, Booyoung Group purchased the site from the Ministry of National Defense. Construction will begin this June.

The area is within a 10-minute walk to Yongsan Station and Sinyongsan Station. Since the southern part of the site borders Ichon Hangang Park, views of the Hangang River are also possible.

The new apartments will be built up to 32 stories high. Of the total units, 819 will be sold to the public, and 150 units will be donated and used as housing for employees of the US Embassy in Korea. The housing for US Embassy staff will be allocated in buildings with 4 to 25 units each.

The current US Embassy staff housing located in the Southport area south of the Yongsan base was originally planned to be relocated to the Camp Coiner area north of the Yongsan base along with the US Embassy. However, Yongsan-gu judged that this would block the northern passage of Yongsan Park to be created on the former Yongsan US military base, and since 2016 has been promoting the relocation of staff housing to the Asea Apartment area.

Sung Chang-hyun, Mayor of Yongsan-gu, said, "With the relocation of the US Embassy staff housing, we have additionally secured 30,000 square meters of the northern passage connecting Namyeong and Huam-dong to Yongsan Park, which will contribute to the complete creation of Yongsan Park."

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