Daegu Dong-gu Office and LH Regional Headquarters Join Hands... 6,700㎡ Unsold Land in Gaksan-dong Used as Parking Lot

On the 20th, Daegu Dong-gu Office signed a Memorandum of Understanding (MOU) with the Daegu-Gyeongbuk Regional Headquarters of LH Korea Land and Housing Corporation to improve residential conditions in the Innovation City and revitalize the local economy.

Through this agreement, the two organizations will mutually cooperate to improve residential conditions in the Innovation City, including the relocation of public institutions to local areas, linkage with regional strategic industries, and parking environment improvements. They will also establish spaces for social enterprises to move in and support youth employment, entrepreneurship, and residential space usage.

Yoon Seok-jun, Mayor of Dong-gu, Daegu (left), and Shin Kwang-ho, Head of LH Daegu-Gyeongbuk Regional Headquarters, are posing for a commemorative photo after signing a business agreement.

As part of this agreement, to alleviate parking difficulties in the Shinseo Innovation City Medical R&D District, 6,733㎡ of unsold land at a residential welfare facility near Gaksandong Innovation City in Dong-gu, Daegu, will be utilized as a vacant lot parking lot. This area has had high parking demand, and the creation of this parking lot is expected to provide a more comfortable parking space for nearby residents and office workers, significantly improving residential conditions.

Yoon Seok-jun, head of Daegu Dong-gu Office, said at the signing ceremony, “We expect a synergistic effect in improving residential conditions in the Innovation City through collaboration between the two organizations. We will do our best to revitalize the local economy by strengthening employment-friendly infrastructure for social enterprises and youth employment and entrepreneurship.”

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