Mayor Oh Se-hoon Visits Changsin and Sungin Candidate Sites... Plans to Prepare New Urban Development Proposal Within the Year
Mayor Oh Se-hoon: "Active Support Through Rapid Integrated Planning"
Designation Procedures for 21 Candidate Sites to Begin from Next Year
Currently, Redevelopment via Rapid Integrated Planning Underway at 33 Locations
Target Areas to Expand Annually through Public Competitions, Aiming for 130,000 Housing Units by 2025
[Asia Economy Reporter Kim Min-young] The rapid integrated planning proposals for 21 private redevelopment candidate sites, including Changsin and Sungin-dong in Jongno-gu, Seoul?where Mayor Oh Se-hoon's six major redevelopment deregulation measures are first applied?will be established within this year. The Seoul Metropolitan Government announced that from the first half of next year, the designation procedures for redevelopment zones will proceed sequentially.
On the 21st, Mayor Oh Se-hoon visited Changsin and Sungin areas, one of the private redevelopment candidate sites and a representative aging low-rise residential area in Seoul, to check on the progress. At the site, Mayor Oh pledged to actively support rapid integrated planning to ensure substantial and physical improvements in the residential environment.
Rapid integrated planning is a system where the public sector acts as a supporter in privately led development, assisting with various plans and procedures from the early stages of establishing redevelopment plans. It can drastically shorten the usual designation period of over five years to two years. This system was fully introduced after Mayor Oh Se-hoon's inauguration.
Currently, 21 private redevelopment candidate sites, including Changsin and Sungin areas, are undergoing speedy redevelopment procedures through rapid integrated planning. Each autonomous district is preparing redevelopment plans, with rapid integrated planning proposals to be established within this year and designation procedures for redevelopment zones to begin sequentially from the first half of next year. Upon completion of redevelopment projects in these 21 sites, approximately 25,000 new housing units are expected to be supplied.
Notably, the Changsin and Sungin areas visited by Mayor Oh had experienced ups and downs, with a redevelopment promotion project initiated in 2010 but the zone being canceled in 2013. Subsequently, in 2014, the area was designated as an urban regeneration leading district aimed at regional revitalization and improving the environment of aging residential areas. Although redevelopment projects could not be pursued in the regeneration area, the scope of redevelopment projects was expanded to include regeneration projects, leading to its selection. The urban regeneration seed projects were all completed by 2019, and only some linked projects remain.
Among the selected candidate sites, many have benefited from Oh Se-hoon’s deregulation policies. Areas like Changsin and Sungin, which had been blocked from development due to various regulations despite poor residential conditions, are now expected to see significant improvements in their living environments.
Currently, redevelopment via rapid integrated planning is underway at a total of 33 sites across Seoul, including the 21 private redevelopment candidate sites. Upon completion, these projects are expected to supply about 43,000 housing units.
The city plans to supply 130,000 housing units (based on zone designation) by 2025 by concentrating all efforts on revitalizing redevelopment, including ▲discovering candidate sites through redevelopment competitions ▲applying rapid integrated planning ▲improving unnecessary urban regulations and strengthening communication with residents.
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Additionally, the city announced the draft of the '2040 Seoul Urban Master Plan' earlier this month, which includes the removal of the 35-floor height limit and the 15-floor height limit along the Han River that had been applied until now. As the highest-level spatial plan and a statutory plan under the National Land Planning and Utilization Act, it is expected to enable the establishment of redevelopment plans that consider local conditions.
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