Full-scale Operation of 'Sanlimdong Win-Win Knowledge Industry Center' for Sewoon District Relocation Measures

Seoul City announced on the 12th that the public rental industrial facility ‘Sanlim-dong Win-Win Knowledge Industry Center,’ created as part of tenant relocation measures in the Sewoon District, has begun operations.

Sanlim-dong Win-Win Knowledge Industry Center. [Image provided by Seoul City]

Located around Euljiro, the Sewoon District was densely populated with manufacturers and distributors in sectors such as electrical, electronics, metal, and printing industries, but as redevelopment progressed around Cheonggyecheon, the old buildings were demolished.

In response, Seoul City signed an agreement with Korea Land and Housing Corporation (LH) in April 2020 to support the resettlement of tenants in redevelopment areas and preserve the urban industrial ecosystem by developing ‘public rental industrial facilities and startup support facilities’ using LH’s reserved land, completing construction this year.

The project was jointly implemented by Seoul City (15%) and LH (85%), with Seoul City providing administrative support such as design permits, and LH overseeing design and construction of the new buildings.

The Sanlim-dong Win-Win Knowledge Industry Center is a six-story building above ground with one basement floor, covering a total floor area of 4,235㎡, constructed with a total project cost of 23.6 billion KRW. Floors 1 to 5 operate as public rental commercial spaces, while the 6th floor serves as a youth startup support facility.

The city selected tenants at the end of last year targeting commercial tenants currently undergoing redevelopment, and by July of this year, all 58 commercial units were fully occupied. In the future, if vacancies arise, priority will be given to commercial tenants affected by redevelopment projects.

The Win-Win Knowledge Industry Center provides a central air conditioning system and shower rooms to improve working conditions for workers. Meeting spaces are also provided on each floor to facilitate active communication among tenant companies. A thorough disaster prevention and security system has been introduced through a management company.

Seoul City plans to grant floor area ratio incentives to project implementers who establish substantial tenant measures under the Sewoon Redevelopment Promotion Plan covering the Jongmyo to Toegye-ro area.

Additionally, for existing industries such as manufacturing and printing that have essential urban demand, public rental industrial facilities will be supplied utilizing donation-based land contributions.

Regarding Sewoon District 5-1 and 3 zones, the redevelopment promotion plan was approved by the Seoul City Urban Redevelopment Committee on the 5th of last month, and public rental industrial facilities will be supplied upon project implementation. The public rental industrial facility is planned to be a 16-story building above ground with a total floor area of 6,444㎡, and existing tenants from manufacturing and other industries will move into the public rental commercial spaces built through donation-based land contributions.

Yeo Jang-kwon, Director of Seoul City’s Balanced Development Headquarters, stated, “Through the establishment of the Sanlim-dong Knowledge Industry Center, we have laid the foundation for relocated commercial tenants in redevelopment areas to resettle in the region and for existing industries to advance.” He added, “We will strive to prepare more detailed tenant relocation measures in future redevelopment projects.”

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