LH Gwangju-Jeonnam, Urban Regeneration New Deal Project in Muan Seongnam-ri Area 추진

[Asia Economy Honam Reporting Headquarters Reporter Jin-Hyung Park] LH Gwangju-Jeonnam Regional Headquarters (Head Lee Jae-ro) signed a "Basic Joint Project Agreement for the Promotion of the Urban Regeneration New Deal Project in the Seongnam-ri Area of Muan" with Muan County (County Head Kim San) on Thursday, December 2, and will actively promote the Happy Housing construction project.

LH signed a basic joint project implementation agreement with Muan County to smoothly carry out the Happy Housing construction project, which is a core project of the ‘Urban Regeneration New Deal Project in the Seongnam-ri Area of Muan’ (Contest Name: Dreaming and Thriving Happy Muan), selected in 2019 by the Ministry of Land, Infrastructure and Transport.

The ‘Muan Seongnam Happy Housing Construction Project’ is a project to build 100 Happy Housing units by investing 13.9 billion KRW in a site of approximately 2,200㎡ in Seongnam-ri, Muan-eup, Muan County, Jeonnam Province, to restore urban competitiveness.

The construction period is 1 year and 9 months, with groundbreaking planned for December next year and completion expected around August 2024.

According to the agreement, Muan County will perform administrative support for permits and approvals, provide the project site free of charge, and support tenant selection, while LH will be responsible for permits and approvals, project funding, design, construction, operation, and management.

Adjacent to the Happy Housing site, various health and cultural spaces such as the 365 Happy Health Center, public library, and urban forest will be established. These facilities have been promoted by Muan County and government ministries to enhance the health of Muan residents and expand cultural infrastructure, aiming to create synergy with the Happy Housing to secure urban competitiveness.

LH Gwangju-Jeonnam Regional Headquarters stated, “We expect the Muan Seongnam Happy Housing project and New Deal sub-projects to create synergy and revitalize the Seongnam-ri area,” and added, “We will strive to ensure the project can commence as soon as possible through collaboration with Muan County.”

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