Hanshin Engineering & Construction 'Geomdan Hanshin The Hue Urban Park' Commercial Space Public Bidding

Hanshin Engineering & Construction announced on the 24th that it will hold a public auction for the commercial spaces within the 'Geomdan Hanshin The Hue Urban Park' complex on the 3rd of next month.

Perspective view of the commercial area within Geomdan Hanshin The Hue Urban Park complex / Provided by Hanshin Engineering & Construction

The commercial spaces are located at 264-7 Dangha-dong, Seo-gu, Incheon, consisting of a total of 8 units with exclusive areas ranging from 32 to 50㎡. The units are single-story on the first floor, offering excellent accessibility and a high exclusive use ratio of 91.3%, providing ample usable space. Additionally, there is a fixed demand from 910 households.

The nearby demand is notable due to the proximity of the Legal Town. The Geomdan New Town Legal Town is scheduled for completion in March 2026, where the Incheon District Court Northern Branch and the Incheon District Prosecutors' Office Northern Branch will be newly established.

There are many large apartment complexes within walking distance, and the 'Next Complex (planned)' is set to be developed in the central commercial district of Geomdan New Town. This will be a massive multi-purpose complex housing a multiplex cinema, cultural center, and more, expected to attract a significant influx of people.

In Geomdan New Town, where the commercial land ratio is low at 1.12% (based on phase 1), these commercial spaces hold rare value. Furthermore, they are located at the corner of a major four-lane road intersection, offering excellent visibility.

Regarding transportation, a new station (Station 101) on the extended Incheon Line 1 near the commercial area is scheduled to open next year. The Wondang?Taeri arterial road (planned for next year), the Geomdan?Gyeongmyeong-ro road (planned), and the GTX (Great Train Express) D line are also under development. Additionally, the First Capital Area Circular Expressway and Incheon International Airport Expressway are nearby.

The bid deposit for the commercial spaces is 10 million KRW. The public auction will be held at 1092-5 Dangha-dong (2nd floor of Changsin Plaza). The expected move-in date is May.

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