Preliminary Plan for Seodaegu Station Area Released... Urban Development Project Service Fully Launched

Focused Discussion on Urban Development Plan Directions and Anchor Facility Investment Attraction Directions

Perspective view of the Seodaegu Station area development project in Daegu.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] The urban development project for the Seodaegu Station area, including the Seodaegu Station Complex Transfer Center, is set to accelerate.

Daegu City announced on the 16th that it held a kickoff meeting for the development plan service to designate the Seodaegu Station urban development zone and approve the construction of the complex transfer center.

At the meeting, discussions were held on the direction of the urban development plan and strategies to attract large anchor facilities to revitalize Seodaegu Station.

So far, together with the Korea Investment & Securities Consortium, selected as the primary negotiation partner for the station area urban development project, the plan is to finalize this year the development plan for residential, cultural, commercial functions, and the construction of a tourism and leisure special zone.

This service is expected to establish a more detailed development plan for the construction of large anchor facilities suitable for Daegu’s second high-speed rail station and the development direction, aiming to attract private capital investment markets.

The Seodaegu Station Complex Transfer Center requires construction approval from the Ministry of Land, Infrastructure and Transport, with the goal of obtaining this approval within this year.

This service is also expected to establish efficient connection and transfer system plans among railway lines passing through Seodaegu Station, such as high-speed rail, metropolitan rail, and the Daegu Industrial Line.

Anchor facilities within the complex transfer center, similar to Dongdaegu Shinsegae Department Store, will optimize the spatial arrangement and flow for shopping, dining, experiential play spaces, and leisure in each anchor facility.

Daegu Mayor Kwon Young-jin said, “This year, we will expedite administrative procedures such as the approval of the complex transfer center construction, and from next year, we will spare no support at the Daegu city level to enable the practical attraction of private capital for anchor facilities.”

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