Pohang City Breathes New Life into Old Downtown of Sinheung-dong... On-site Inspection of Urban Regeneration New Deal Project

Lee Gang-deok, Mayor of Pohang (5th from the right in the front row), visited the site of the Sinheung-dong Urban Regeneration New Deal project to inspect the establishment of the hub facility and encourage the officials involved.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] On the 23rd, Lee Gang-deok, Mayor of Pohang City, visited the site of the Sinheung-dong Urban Regeneration New Deal project to inspect the establishment of key facilities and encourage the related personnel.

During the visit, to thoroughly check the final stages of the key facilities that will officially begin operation from the new year, he encouraged the members of the Sinheung-dong Village Management Social Cooperative and related personnel, and inspected the major urban regeneration facilities in Sinheung-dong.

The Urban Regeneration New Deal project underway in Sinheung-dong is a project aimed at improving the residential environment of the approximately 40,000㎡ area of Sinheung-dong, where the residential area declined and abandoned houses increased due to the installation of railway lines during the Japanese colonial period.

Since 2018, Pohang City has invested a total project cost of 7.8 billion KRW to complete key facilities such as the ‘Sinheung Community Center,’ consisting of a brunch cafe and village office, the ‘Village Shared Workshop’ for craft beer brewing, a home repair woodworking workshop, and a health promotion center called the ‘Sinheung Eoullim Center,’ scheduled for completion in January next year.

Along with this, improvements to aging alleyways and the creation of small-scale public parking lots have also been completed.

The Sinheung-dong Village Management Social Cooperative plans to revitalize the social economy and local community by utilizing the key facilities from January next year through ▲ operating the Village Shared Workshop Sinheung Craft Beer Brewery ▲ running the village woodworking workshop at Sinheung Eoullim Center ▲ and managing the village cafe and office at Sinheung Community Center.

Mayor Lee Gang-deok stated, “Among the various Urban Regeneration New Deal projects promoted by Pohang City since 2018, the Sinheung-dong area Urban Regeneration New Deal project has been completed first,” and added, “We will support in various ways so that the project, which strengthens the declining urban area's local capacity and revitalizes it socially, economically, and environmentally, fulfills its purpose well, creates jobs for residents with the newly transformed buildings, and establishes itself as a ‘village where everyone wants to live.’”

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