LH Gwangju Jeonnam Headquarters, Gwangju Seonun2 Public Housing District Development 'Smooth Progress'

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Korea Land and Housing Corporation (LH) Gwangju Jeonnam Regional Headquarters (Head Lee Jae-ro) announced on the 25th that it has completed the cultural heritage survey within the 'Gwangju Seonun 2 Public Housing District,' which is being promoted in Seonam-dong, Wonsu-dong, and Sochon-dong areas of Gwangju Metropolitan City, Gwangsan-gu.

According to LH, during the cultural heritage surface survey conducted in June prior to the construction of the Gwangju Seonun 2 district, relics from the Three Kingdoms period were discovered, and as a result of conducting a detailed excavation survey, six dwellings from the Bronze Age, 83 dwellings from the Three Kingdoms period, and 108 artifacts were excavated among numerous remains and relics.

Accordingly, LH submitted the completion report to the Cultural Heritage Administration on the 5th, and with the completion notification expected this month, the newlywed hope housing will commence normal construction next month.

The total development area of the Gwangju Seonun 2 district is 398,000㎡, with a project cost of 303.3 billion KRW. Construction began in January and is scheduled to be completed by July 2024.

The Gwangju Seonun 2 district plans to accommodate a total of 3,033 households, including 756 public sale units, 492 happy housing units, 447 national rental units, 159 permanent rental units, 594 private sale units, 494 private rental units, and 91 single-family houses.

To this end, a total of five blocks of apartment complexes will be developed. LH will directly construct and supply two blocks (A-1, A-3) of the 'first newlywed hope town in Gwangju Jeonnam' and one block (A-2) of mixed rental housing (national and permanent rental) in order to faithfully implement the government's housing welfare roadmap. The remaining two blocks will be supplied as private rental housing (B-1) and private sale housing (B-2) through land sales.

LH is currently announcing the supply of private sale apartment land (B-2 site) and will accept applications on December 8th. The newlywed hope town (A-1, A-3) is scheduled to be supplied around March next year (2022).

LH Gwangju Jeonnam Regional Headquarters stated, "We will continue to supply quality public housing sites for newlyweds and the homeless," and added, "We will take the lead in stabilizing local housing and improving housing welfare."

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