2.28 Million ㎡, 42,000-Person New Town Development Planned
Mayor Jeong Myeong-geun "Committed to Successful Creation of 3rd Phase New Town"

Hwaseong City in Gyeonggi Province announced on the 20th that it held the first meeting of the public-private cooperation council for the development of the 'Hwaseong Bongdam 3 Public Housing District' on the 19th.


Bongdam 3 District is a project area announced by the government in August 2021 as part of measures to expand housing supply in metropolitan areas. It is being developed over an area of 2,286,000㎡ covering Sang, Suyeong, and Naeri in Bongdam-eup, and Cheoncheon and Wonpyeong-ri in Maesong-myeon, and will accommodate approximately 42,000 residents. After the district was designated in December 2022, a district plan is currently being established to finalize land use plans.

Participants are discussing key issues at the Hwaseong Bongdam 3 Public Housing District Public-Private Cooperation Council meeting. <br>[Photo by Hwaseong City]

Participants are discussing key issues at the Hwaseong Bongdam 3 Public Housing District Public-Private Cooperation Council meeting.
[Photo by Hwaseong City]

View original image

The formation of this council was made possible through the city's continuous requests to the project implementer, Korea Land and Housing Corporation (LH), to listen to various opinions from residents. The council includes representatives from each residents' countermeasure committee within the district, the Ministry of Land, Infrastructure and Transport, Gyeonggi Province, Hwaseong City, and LH.


At the meeting, the council proceeded with an overview of the project background, schedule briefing, listening to residents' opinions and Q&A sessions, and free discussions. The council will be held every two months going forward, discussing compensation procedures, methods, timing, and plans for resettlement of landowners and original residents.



Jung Myung-geun, Mayor of Hwaseong City, stated, "Through the council, we will continuously communicate with residents and seek effective win-win solutions," adding, "We will do our best to support the resettlement of landowners and original residents while improving issues that arose in previous housing development projects to ensure the successful development of the 3rd New Town."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing