Government Approval Received for Public Housing District Plan
63.2% of 7,269 Units to Be Supplied to Homeless, Newlyweds, and Youth

[Asia Economy Reporter Park Hyesook] The public housing district around Geomam Station in Incheon will be developed into a northwest regional hub-type complex self-sufficient city.


Incheon City announced on the 15th that the Geomam Station area district plan has been approved by the Ministry of Land, Infrastructure and Transport.


The Geomam Station area district was designated as a public housing district in September of the following year, in accordance with the 2018 government policy to expand housing supply in the metropolitan area and secure new public housing sites for actual homebuyers without housing.


In the area of Geomam-dong and Gyeongseo-dong in Seo-gu, covering 810,000㎡ (approximately 250,000 pyeong), 7,269 housing units will be constructed, with the project implementer being Incheon Urban Corporation (iH).


The site already has the Airport Railroad and Incheon Subway Line 2 Geomam Station to the north, and is adjacent to the Incheon International Airport Expressway and Cheongna IC, making it an area with excellent public transportation conditions and wide-area accessibility.


The city and iH plan to develop Geomam Station area into a northwest Incheon regional hub-type complex self-sufficient city that integrates wide-area transportation and residential functions.


Accordingly, they will establish a transit-oriented development (TOD) system centered on the station area, including the Airport Railroad, urban rail, and a complex transfer center, and prioritize transportation convenience for the homeless, newlyweds, and youth by supplying 4,593 housing units, which is 63.2% of the total apartment supply, adjacent to the station area.


Parks, cultural facilities, and other convenience facilities will be located in positions that can be jointly used with the old downtown area, considering adjacent living zones such as Geomam 1 District, and efforts will be made to improve the insufficient parking conditions of existing residential areas, including expanding public parking lots.


In addition, to improve accessibility to the Incheon International Airport Expressway, the expansion of the Cheongna Tollgate exit connection road (from 1 to 2 lanes) and the construction of the new Kkotmoe-gil connecting road (2 lanes) have been reflected.



An official from Incheon City stated, "We will closely cooperate and support the government and iH to ensure that the Geomam Station area is successfully developed into a northwest Incheon regional hub-type complex self-sufficient city," and added, "In the future, we will also establish district plans and develop areas such as Guwol 2 District in Namdong-gu to supplement the insufficient infrastructure and living convenience facilities in the adjacent old downtown area and promote mutual development."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing