Yongin City Expands Public Parking Lot Next to Samsung Giheung Campus

Nongseodong Parking Lot Expanded from 263 to 426 Spaces
Expected to Alleviate Parking Shortage Due to Influx of Construction Workers

The public parking lot in Nongsseo-dong, Giheung-gu, Yongin-si, Gyeonggi-do, where Samsung Electronics' Future Research Complex is being developed, has been expanded. Accordingly, the parking difficulties in the area caused by the influx of construction workers are expected to be alleviated.

A view of the public parking lot near Samsung Electronics Giheung Campus in Nongseo-dong, Giheung-gu, Yongin City. The capacity has been expanded from the existing 263 spaces to 426 spaces, which is expected to help alleviate the nearby parking shortage. Provided by Yongin City

On the 7th, Yongin City announced that it had expanded the Nongsseo-dong public parking lot from 263 spaces to 426 spaces, an increase of 163 spaces, in collaboration with Samsung Electronics to resolve the parking shortage in the Nongsseo-dong area.

Nongsseo-dong is the location of Samsung Electronics' Giheung Campus, where the company is investing 20 trillion won to build a next-generation Future Research Complex, scheduled for completion in 2026. Due to this, the number of construction workers' vehicles has increased, causing severe parking difficulties. With an average of about 6,000 construction workers working daily at the construction site, vehicles have crowded nearby residential and commercial areas, raising concerns about safety accidents caused by illegal parking.

The city had been operating a 263-space parking lot by leasing 7,300㎡ of land in Nongsseo-dong 427 area owned by Korea Land and Housing Corporation (LH). However, as the parking shortage worsened, the city additionally leased 3,847㎡ of land and increased the parking spaces by 163 this time. The construction costs for the parking lot and installation of auxiliary facilities were borne by Samsung Electronics according to an agreement between the city and Samsung Electronics made last August.

Lee Sang-il, mayor of Yongin City, said, "Thanks to Samsung Electronics' active support and cooperation, we were able to resolve the construction cost issue," adding, "This not only saves the city budget but also greatly alleviates the inconvenience for citizens."

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