A 550-Unit Residential and Commercial Complex to Be Built on Wonhyo-ro, Yongsan-gu
Seoul City Approves Revised Detailed Development Plan for Munbae Business District
Construction of Mixed-Use Building with 6 Basement Floors to 40 Above-Ground Floors Including Residential, Officetel, and Commercial Spaces
Location map of 44-7, Wonhyo-ro 1-ga, Yongsan-gu, Seoul. (Provided by Seoul City)
View original image[Asia Economy Reporter Kim Hyemin] A residential-commercial complex with 550 households will be built in the Wonhyo-ro area of Yongsan-gu, Seoul.
On the 24th, Seoul City held the 5th Urban and Architectural Joint Committee and announced on the 25th that it had approved the revised detailed development plan for 44-7 Wonhyo-ro 1-ga, Yongsan-gu.
The site, surrounded by Wonhyo-ro, Cheongpa-ro, and Baekbeom-ro, was designated as the Munbae Business District Special Planning Zone in 2010. Most of the printing factories located in the back streets have relocated, and currently, a small-scale cultural and commercial area utilizing the modern street network has been formed.
According to this decision, a complex building with a total floor area of 216,693㎡, consisting of 6 basement floors and 40 above-ground floors, will be constructed on the site. It will include 550 residential units, officetels, and commercial spaces. On the lower floors, a street-type shopping area will be arranged along the main road to maintain the current commercial functions. As a public contribution, international organization support facilities and a community center will be secured and utilized within the building.
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Seoul City also decided to preserve part of the modern street network within the site, which was formed and maintained since the 1920s, as a public pedestrian passage. A Seoul City official said, "This will improve the deteriorated environment around Samgakji and contribute to revitalizing the area by maintaining the commercial district connected to the old street network."
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