LH Signs Land Purchase Agreement for 8,112㎡

Hwaseong City in Gyeonggi Province has secured land for the construction of a municipal art museum. The city plans to complete the design by next year and begin construction in 2026.


On the 15th, Hwaseong City announced that it signed a land purchase contract with the Dongtan Business Headquarters of Korea Land and Housing Corporation (LH) on the 14th for the construction of the Hwaseong Municipal Art Museum. The land purchased this time is an 8,112㎡ area located in Osan-dong 1010, south of Dongtan New Town.


A bird's-eye view of the municipal art museum that Hwaseong City is planning to build in Dongtan New Town. [Image source=Hwaseong City]

A bird's-eye view of the municipal art museum that Hwaseong City is planning to build in Dongtan New Town. [Image source=Hwaseong City]

View original image

The city explained that this contract marks the practical first step in the municipal art museum construction project. In particular, the city simultaneously conducted the preliminary feasibility evaluation by the Ministry of Culture, Sports and Tourism and the local fiscal investment review by Gyeonggi Province, shortening administrative procedures by about six months and advancing the timing of the land purchase.


Ha Mi-young, Director of Cultural Facilities at Hwaseong City, said, "To pass the investment review, I personally attended the review committee, provided the evaluation results from the Ministry of Culture, Sports and Tourism, and actively persuaded the committee members based on this." She added, "We will do our utmost to ensure the project proceeds smoothly without any setbacks in the construction of the art museum."



With the completion of this land purchase contract, the city aims to hold an architectural design competition next year, start construction in 2026, and open the museum in 2028.


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