Yongsan Haebangchon Public Parking Lot Duplex Construction

Yongsan-gu Haebangchon Public Parking Lot Selected as Final Recipient of Subsidy Support Project

On the 9th, Haebangchon Public Parking Lot Multi-level Construction Project Selected for City Subsidy Support Project

Project cost of 7.1 billion KRW fully funded by city... Construction to begin in 2024

Flat off-street parking lot expanded to 3-tier 2-story structure... Number of parking spaces increased by 31

Yongsan-gu, Seoul (District Mayor Park Hee-young) secured 7.1 billion KRW in project funds on the 9th for the ‘Haebangchon Public Parking Lot Multi-level Construction’ project.

The district was finally selected for Seoul City’s ‘2024 Residential Area Shared Parking Lot Subsidy Support Project’ and will receive full funding from the city to modernize the flat Haebangchon public parking lot into a multi-level structure.

The project site around Yongsan-dong 2-ga 1-1497 is a residential area densely populated with small-scale multi-family and low-rise houses.

Due to steep terrain and narrow roads, parking spaces are insufficient, resulting in many vehicles parking or stopping on side streets. The nearby Sinheung Market adds visitor vehicles, exacerbating the parking shortage.

The district plans to utilize the site area (883㎡) as efficiently as possible. The current flat off-street parking lot with 24 spaces will be converted into a 3-tier, 2-story steel-framed building (total floor area 1,972.53㎡), providing a total of 55 parking spaces.

The Haebangchon public parking lot, currently managed and operated by Seoul City, was difficult to develop due to the land acquisition cost of about 10 billion KRW.

Since October last year, the district has established a detailed project plan and conducted a feasibility study, actively consulting with Seoul City on the necessity and implementation plan for the multi-level construction of Haebangchon public parking lot. As a result, it was finally selected in the Seoul City subsidy support project evaluation, enabling the project to proceed fully funded by the city without using the district’s budget.

The district plans to start construction after basic and detailed design from 2024 with city funding, aiming to operate the public parking lot by 2026.

Park Hee-young, Mayor of Yongsan-gu, said, “The multi-level construction of Haebangchon public parking lot is a campaign pledge of the 8th local government, so we will carefully manage it. Through fulfilling this pledge, we will do our best to contribute to resolving the parking shortage and improving living convenience in the Haebangchon area of Yongsan 2-ga.”

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