Groundbreaking for Complex Development Including Songpa-gu Bangi 2-dong Office and Youth Startup Support Housing

Songpa-gu to Hold Groundbreaking Ceremony for Bangi-dong Complex Development Including Public Office and Youth Startup Support Housing at 3 PM on the 27th

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[Asia Economy Reporter Jong-il Park] Songpa-gu (Mayor Park Seong-su) announced on the 24th that it will hold a groundbreaking ceremony for the Bangi-dong complex development, which includes public offices and youth startup support housing, at 3 p.m. on the 27th.

The Bangi-dong complex development is being promoted on the site of 52 Bangi-dong, where the old Bangi 2-dong community center was located, with a project site area of 11,276㎡ and a total floor area of 39,572㎡.

Under the name of the "Songpa Bangi Public Office and Startup Support Housing Complex Development Project," a complex facility with 2 basement floors and 17 above-ground floors will be constructed. Modernized community centers, welfare centers, daycare centers, care centers, and various social overhead capital (SOC) facilities will be established.

In particular, startup support facilities and startup support housing (160 units) for young people will be created together, expected to simultaneously address youth housing stability, employment and entrepreneurship, and complex cultural administrative services.

Additionally, the district will transform the adjacent Bangi Neighborhood Park into a space for communication and harmony for local residents. Plans include creating a multipurpose sports area, a plaza for busking and relaxation, and a playground for young children. A two-level public parking lot (383 spaces) will be constructed underground in the park, expected to greatly contribute to alleviating local parking difficulties and revitalizing the local commercial district such as Bangi Matgol.

This area was the only remaining district-owned land when Park Seong-su took office as Songpa-gu mayor in July 2018, and has been actively promoted as a key project of the 7th local government administration to improve public services for residents, create jobs, and stabilize housing for young people.

To this end, the district participated in a public-private contest with Korea Land and Housing Corporation (LH Corporation) for the old public office complex development project implemented by the Ministry of Land, Infrastructure and Transport in 2019, completed the architectural plan through central investment review by the Ministry of the Interior and Safety, shared property review, and basic design in 2020. Subsequently, in December last year, the Ministry of Land approved the project plan, and in February this year, a joint project implementation agreement was signed with LH Corporation. Currently, demolition work of existing facilities and obstacles is underway.

After completing the excavation survey of buried cultural assets, construction will officially begin and is expected to be completed in the first half of 2024. LH Corporation will supervise the construction during the construction period, and Kolon Global will be responsible for the construction.

The groundbreaking ceremony will be held at the Bangi-dong complex development project site at 3 p.m. on the 27th. It will be conducted on a small scale with the attendance of members of the National Assembly, LH officials, and local residents.

Songpa-gu Mayor Park Seong-su said, "I am very pleased that the differentiated public welfare space for local residents and young people is finally taking its first step," and added, "We will do our best to ensure safe construction so that the old public office transforms into the 'Youth Hub Building,' becoming a space loved by residents and giving hope to young people."

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