Completion of the Designation Procedure for Yongsan International Business District Zone Planning

Request for Area Designation Submitted to Seoul City on 29th Last Month, 44 Days After Receiving Area Designation Proposal
Resident Briefings Scheduled on 18th and 23rd at Hangangro-dong and Ichon 2-dong Community Centers
Opportunity to Enhance Understanding of the Project and Facilitate Communication with the Project Implementer

Yongsan International Business District Development Site and Surrounding Area Panorama

Yongsan-gu, Seoul (District Mayor Park Hee-young) submitted a request for the designation of the Yongsan International Business District to the Seoul Metropolitan Government on March 29.

The Yongsan International Business District development project is a key initiative for Yongsan-gu to emerge as a new economic and cultural hub of South Korea. After the project was canceled in 2013, local residents have been waiting for its revival.

In February, the Seoul Metropolitan Government announced a new development plan for the international business district, and on the 14th of the same month, the project implementer also submitted a proposal to Yongsan-gu. Accordingly, the district, as the initiator, swiftly completed the 44-day administrative procedures under the Urban Development Act to propose the district designation.

From February 26 to March 11, the district gathered opinions from residents and related departments. After consulting the Urban Planning Committee on the 22nd, the request for district designation was finalized and submitted to Seoul on March 29. According to the original plan, the urban development district is expected to be designated in the first half of this year following the review by the city’s Urban Planning Committee.

In particular, during the public notice period for residents, the district intended to hold a separate residents’ briefing session to sufficiently collect residents’ opinions. However, due to restrictions under Article 86 of the Election Act, the briefing sessions will be held after the 22nd National Assembly election day. The residents’ briefing session is not a mandatory procedure under the Urban Development Act.

The briefing sessions, organized by the project implementer, are scheduled to be held twice. They will take place on Thursday, April 18 at 10:00 AM in the 4th-floor auditorium of the Hangangno-dong Community Service Center, and on Tuesday, April 23 at 2:00 PM in the 3rd-floor auditorium of the Ichon 2-dong Community Service Center.

Overview of Residents’ Briefing Sessions

Date/Location ? Held at two community service centers for residents’ convenience

April 18, 10:00?11:30 AM, 4th-floor auditorium, Hangangno-dong Community Service Center

April 23, 2:00?3:30 PM, 3rd-floor auditorium, Ichon 2-dong Community Service Center

Participants: Any residents interested

The sessions will include explanations of the Yongsan International Business District development and a Q&A segment. Any residents interested in the Yongsan International Business District project are welcome to participate.

Park Hee-young, Mayor of Yongsan-gu, said, “I thank all those involved for swiftly carrying out the administrative procedures,” and added, “We hope many people interested in the residents’ briefing sessions, which aim to enhance understanding of the international business district development plan and facilitate communication with the project implementer, will participate.”

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