Gwangju Buk-gu Invests 10 Billion Won in Construction of Complex Facility in Permanent Rental Housing Complex

Basic Agreement Signed with LH for Free Use of Project Site in May, Selected in Ministry of Land's Public Contest

100 Billion KRW Invested by 2024... Construction of Complex Community Facility with Sports, Culture, and Care Functions

[Asia Economy Honam Reporting Headquarters Reporter Kim Yuk-bong] Buk-gu, Gwangju City, announced on the 16th that it is the only district in Gwangju City to be selected for the Ministry of Land, Infrastructure and Transport's '2021 Urban Regeneration Recognition Project' contest, securing a total project budget of 10 billion KRW including national and city funds.

The Urban Regeneration Recognition Project is a newly established system following the revision of the Enforcement Decree of the 'Urban Regeneration Activation and Support Act' in 2019, aimed at small-scale development of areas with deteriorated basic living facilities.

Following this selection, Buk-gu plans to create a community-oriented public facility with complex functions including sports, culture, and care services.

By 2024, a total of 10 billion KRW will be invested to build a multi-purpose community facility with a total floor area of 2,673㎡, spanning from one basement floor to three above-ground floors, within the Yeomgu rental complex in Ochi-dong.

In particular, the facility will include convenient amenities accessible to all generations, such as a multi-purpose gymnasium, integrated care center, and shared workshop.

Buk-gu expects that upon completion, the project will satisfy the sports, cultural, and welfare needs of not only the residents but also those living nearby.

Mayor Moon In said, "With this project selection, the convenience of using living infrastructure such as sports, culture, and care in the Ochi area is expected to improve," adding, "We will continue to strive to ensure balanced regional development through improvements in the residential environment of the original downtown area."

Meanwhile, Buk-gu signed a basic agreement for free use of the project site with LH in May to expand the insufficient living infrastructure in the old downtown areas including Ochi-dong, Yongbong-dong, Maegok-dong, and Samgak-dong, and actively reflected various residents' opinions in the basic plan established in June.

Asia Economy Honam Reporting Headquarters Reporter Kim Yuk-bong bong2910@asiae.co.kr

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