Pohang City Advances Old Pohang Station Site Development Project... 'High-Rise Landmark Construction' On Track

Overcoming Population Decline and Maximizing Economic Revitalization

Complex Cultural Spaces and Enhancing Urban Brand Value

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] The construction of a super high-rise residential-commercial landmark that will form Pohang's new skyline and innovatively improve the living conditions of the old downtown area is progressing smoothly.

Bird's-eye view of the old Pohang Station district urban development project.

Pohang City is focusing on the ‘Old Pohang Station District Urban Development Project,’ which includes the construction of a super high-rise residential-commercial landmark on the site of the old Pohang Station railway land following the closure of the Donghae Nambu Line and the establishment of the KTX Pohang Station. The project also involves creating an experiential neighborhood park, commercial facilities connected to residential spaces, and a complex cultural space integrating art, leisure, and startups.

With the vision of realizing a ‘Livable Pohang,’ the city began infrastructure construction in September 2021 and accelerated the project by signing a joint business agreement with Shinsegae Construction and Pohang Primus PFV in November of the same year.

In June last year, through continuous mutual cooperation with local residents, all compensation negotiations for the entire site of the Old Pohang Station District were completed, and in December, the project gained momentum by completing the landscape review.

Shinsegae Construction, to secure seismic performance and structural stability for this domestic super high-rise building, introduced the latest design techniques through collaboration with LERA (based in the U.S.), a world-renowned structural engineering firm responsible for the structural design of Lotte World Tower, and the High-Performance Structural Engineering Laboratory of Seoul National University’s Department of Architecture. They have completed the building’s structural design and the Ministry of Land, Infrastructure and Transport’s safety impact assessment review, and plan to apply for architectural review with Gyeongbuk Province in the future.

Meanwhile, Pohang City plans to transform the idle railway land owned by the Korea National Railway Corporation into a core space to improve living conditions through continuous consultations with the corporation.

The plan is to connect green spaces in the old downtown area linked with the Central Greenway and Haksancheon Ecological Stream, revitalize nearby commercial districts by linking with the Jungang-dong urban regeneration project, attract population, and overcome the depopulation phenomenon in the old downtown area, thereby maximizing the effects of improving living conditions and economic revitalization.

Mayor Kang-deok Lee stated, “To overcome the challenge of local extinction caused by the concentration in the metropolitan area, it is important to have an attractive urban environment that can attract tourist and resident populations. Starting with the landmark construction, we will continuously enhance Pohang’s urban brand value and strive to create a citizen-friendly living environment.”

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