Gwangju Dong-gu, Seonam-dong Printing Street Road Construction Fully Underway
[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Dong-gu, Gwangju Metropolitan City (Mayor Im Taek) announced on the 5th that it will actively promote road construction as part of the Seonam-dong Printing Street Urban Regeneration New Deal Project aimed at revitalizing commercial districts and improving convenience facilities.
Dong-gu began the road construction compensation plan public inspection on the 23rd of last month and plans to complete appraisal and compensation negotiations within this year, with road construction scheduled for next year.
The Seonam-dong Printing Street Urban Regeneration New Deal Project is expected to lay the foundation for improving residential conditions in the old downtown and revitalizing the original downtown amid the decline of the Printing Street commercial district due to the relocation of public institutions.
The Printing Street New Deal Project is a large-scale project investing about 30 billion KRW in total, including the establishment of ▲Printing Academy ▲Co-working Space ▲Theme Street ▲Public Parking Lot and Fire Road, aimed at restoring the Printing Street commercial district and revitalizing the old downtown.
As Dong-gu accelerates the New Deal Project by starting road construction and creating theme streets and key facilities, the project's results are expected to become visible in earnest.
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Im Taek, Mayor of Dong-gu, said, “We expect the Seonam-dong Urban Regeneration New Deal Project to gain momentum with the full-scale road construction project,” adding, “We will improve residents' lives through rapid urban regeneration and create a vibrant urban environment.”
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