Bucheon City Selected Two Sites, Wonjong and Wonmi, for the 'Gyeonggi The Dream Regeneration Project'

Bucheon City in Gyeonggi announced on the 29th that Wonjong and Wonmi have been selected for the 'Gyeonggi The Dream Regeneration Project.'

Out of 24 project applications in the province, a total of 11 projects were selected, with Bucheon’s Wonjong area chosen for the project implementation stage and Wonmi area for the continuous operation stage.

Wonjong-dong, selected for the project implementation stage with established project capabilities such as resident organizations, will receive a total investment of approximately 73.46 billion KRW, including 57.8 billion KRW in private investment projects and 7.9 billion KRW in seed money projects.

Under the vision of "Smart Local Customization, Detailed Life-cycle Customization, Wonjong+ Urban Regeneration," the project plans to link spatial resources in Wonjong-dong and attract specialized resources to create mutual synergy among projects.

Using Wonjong Station, scheduled to open in July, Wonjong Central Market, and the Wonjong-dong cultural complex as hubs, the project will develop specialized streets and startup spaces to revitalize commercial areas. Additionally, it plans to create a safe and pleasant local environment through expanding care spaces and improving residential conditions.

Wonmi area, selected for the continuous operation stage to carry out additional and supplementary environmental improvements after project completion, will implement a seed money project worth 480 million KRW over two years.

The city plans to support operations to ensure that the urban regeneration project's outcomes circulate positively within the local community by activating hub spaces and strengthening the self-sustainability of the Wonmi Village Management Social Cooperative.

A Bucheon city official stated, "Through the 'Gyeonggi The Dream' regeneration project, we will accelerate administrative and financial support to create a sustainable Bucheon-type urban regeneration model that residents can feel," adding, "We look forward to the active participation of capable residents, youth, experts, and companies in the region."

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