Gwangyang-eup, Gwangyang City, Promotes Urban Development Projects to Secure Urban Competitiveness

Promotion of Revitalization Linked to the Value and Potential of the Original Downtown Area

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] Gwangyang City in Jeonnam is promoting an urban development project to revitalize Gwangyang-eup, expecting a synergy effect in downtown revitalization through the linked development of the old town and the new town.

▲ Promotion of the Gwangyang-eup Urban Development Project

In the Gwangyang-eup area, various development projects are actively underway, including urban development projects in Moksung District, Inseo District, Deokrye·Dowol District, and apartment development projects promoted by the city, Jeonnam Development Corporation, and private developers.

As of this month, the Moksung District (668,339㎡, 6,636 households, accommodating 17,253 people, total project cost 166.5 billion KRW) promoted by Booyoung Housing Co., Ltd. received approval for the implementation plan in June 2018. The first phase involves apartment construction (18 buildings, 1,490 households), with move-in scheduled for May next year.

The Moksung District urban development project is being promoted with the goal of completion by December next year.

The Inseo District urban development project plans to accommodate about 6,300 people in 2,751 households over a project area of 626,000㎡, with a total project cost of 113.4 billion KRW.

After a basic survey service in October 2019, feasibility studies and investment reviews were completed in July 2020. The land use plan (draft) is being prepared, with project completion targeted by 2025.

The Deokrye·Dowol District urban development project plans to accommodate 13,315 people over a project area of 951,402㎡. Jeonnam Development Corporation has restricted land transactions and development permits since May 2020 to promote the development project and is conducting project feasibility reviews, aiming for completion by 2028.

Alongside urban development projects, various apartment projects are actively progressing. In Deokrye District, Seohee Construction is building 900 cooperative apartments. In Yonggang District, four developers, including Deokjinbom Sunshine Apartments, are applying for various permits to build a total of 4,100 apartment units, actively promoting downtown development projects.

▲ Strengthening the Linkage Between the Old Town and New Development Areas

With the development around the old town, Gwangyang City plans to revitalize the downtown area by linking infrastructure such as road networks and green networks connecting the old town and new development areas.

For the arterial road network connecting the old town Moksung-ri and Yonggang District (section connecting Usijang Intersection~Gwangyang High-Tech High School~Gyegok Village~Yonggang District~Yonggang Water Purification Plant), an extension of 2,179m and width of 35m in the unopened section will be promoted in phases with a total project cost of 67.4 billion KRW.

Also, using the abandoned Gyeongjeon Line railway, a premium path connecting the Provincial Art Museum~Inseo District~Dowol Deokrye District~LF Square~Dongil Tunnel, linked with the existing bicycle road, is planned with a total length of 3,400m and width of 7.5~10m, investing 20 billion KRW. A specialized street forest path connected to the existing downtown of Gwangyang-eup is planned.

The Inseo District urban development project is reviewing ways to link Indong Forest, the Provincial Art Museum, and road and infrastructure networks, and is also considering securing residential spaces utilizing the natural ecology along Dongcheon and Seocheon in Gwangyang-eup.

Gwangyang City expects the living area of Gwangyang-eup to be connected as one through ongoing downtown regeneration projects in the old town of Gwangyang-eup (Gwangyang-eup Urban Regeneration Project in Eumnae-ri and Inseo-ri areas, Gwangyang-eup Rural Central Area Revitalization Project in Indong-ri area, Deoksan Village Small-scale Regeneration Project, and Iksin Village Saetteul Village Project).

The city plans to collect and reflect local residents' opinions on the projects to ensure that the Gwangyang-eup urban development projects and regional revitalization proceed together.

Kwon Hoi-sang, Director of Urban Regeneration Division, said, “The Gwangyang-eup area is planned to have a resident population of 100,000 in the eup zone by 2030 according to Gwangyang City's basic urban plan. We will continue to actively support development projects to improve the living environment of local residents and secure urban competitiveness.”

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