Ministry of Land Chooses Gwangju Sanjeong District in 'New Public Housing Site Promotion Plan'

168.3ha Site in Sanjeong and Jangsu-dong, Gwangsan-gu to Supply 13,000 Households

District Plan Approved in 2023, Construction Starts in 2025, Final Completion Expected in 2029

Kim Jong-hyo, Deputy Mayor of Gwangju Metropolitan City, is announcing the plan to promote public housing districts following the selection of new public land by the Ministry of Land, Infrastructure and Transport on the morning of the 24th at the city hall briefing room. Photo by Gwangju Metropolitan City

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] A large-scale housing complex including Gwangju-type job residential support and Gwangju-type lifelong housing will be developed in Sanjeong-dong and Jangsu-dong areas of Gwangsan-gu, Gwangju Metropolitan City.

On the 24th, Gwangju City announced that the Gwangju Sanjeong Public Housing District was selected in the ‘New Public Land Promotion Plan’ announced by the Ministry of Land, Infrastructure and Transport.

This ‘New Public Land Promotion Plan’ is a follow-up measure to the government’s ‘2·4 Public-led 3080+, Drastic Expansion Plan for Housing Supply in Metropolitan Areas,’ which announced the additional supply of 830,000 housing sites nationwide by 2025 to stabilize housing prices.

After the government’s plan was announced, Gwangju City proposed to the government through the Korea Land and Housing Corporation to expand the supply of new land to create a residential complex behind the Gwangju-type job project, resulting in the selection of the Gwangju Sanjeong Public Housing District this time.

The Gwangju Sanjeong Public Housing District plans to supply 13,000 housing units including Gwangju-type job residential support and Gwangju-type lifelong housing, as well as living infrastructure and self-sufficient land, on a 1,683,000㎡ (510,000 pyeong) site in Sanjeong-dong and Jangsu-dong, Gwangsan-gu.

This project area is adjacent to Gwangju Songjeong Station, providing excellent metropolitan transportation conditions, and has outstanding accessibility to surrounding cities such as Muan and Naju through Hanam Jingok Industrial Road, Muan-Gwangju Expressway, and Hanam-daero. Nearby are Hanam Industrial Complex and Jingok Industrial Complex, and it is adjacent to Hanam District and Suwan District, making it an area with high housing demand.

The city is discussing various development directions with the government and the Korea Land and Housing Corporation.

First, to realize the Gwangju-type AI-Green New Deal and the 2045 carbon-neutral energy self-sufficient city, the plan is to create an eco-friendly residential complex reflecting diverse housing demands.

High-quality housing will be supplied for workers in connection with the ‘Gwangju-type Job Project’ and Bitgreen Industrial Complex, and a smart logistics and youth startup platform will be established.

‘High-quality Gwangju-type lifelong housing’ will be supplied to stabilize housing for middle-class and lower households without homes, such as youth and newlyweds.

Community functions where households within the living area interact will be strengthened by creating parks, schools, and Edu Parks, forming a communicative residential complex ideal for raising children, with a plan to create 380,000㎡ of parks and green spaces in particular.

This development plan is expected to be concretized through full discussions at the district planning stage.

As a transportation measure, the plan includes improving metropolitan accessibility by constructing new roads connecting Hanam Jingok Industrial Road and downtown and upgrading connecting ICs to the Muan-Gwangju and Honam Expressways, and improving accessibility to downtown by expanding Sonjae-ro, where traffic volume toward downtown is concentrated.

The Gwangju Sanjeong Public Housing District plans to complete district designation in the first half of next year, start compensation in 2024 after district plan approval in 2023, begin construction in 2025, and complete the project by 2029.

Kim Jong-hyo, Deputy Mayor of Gwangju City, said, “We will closely cooperate with the central government to ensure that an eco-friendly residential complex reflecting diverse housing demands can be created to realize the Gwangju-type AI-Green New Deal and the 2045 carbon-neutral energy self-sufficient city, along with expanding housing supply for workers such as those in the Bitgreen Industrial Complex linked to the Gwangju-type Job Project.” He added, “In particular, we will do our best to maintain the stable trend of the real estate market while ensuring the supply of high-quality housing.”

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