Gwanak-gu 'Byeolbit Sinsari Commercial District Renaissance Project Achievement Sharing Meeting' Held

Commercial District Renaissance 5-Year Project ▲ Sharing Project Achievements ▲ Interviews with Partner Organizations and Merchants ▲ Outstanding Merchant Awards Scheduled

Gwanak-gu (Mayor Park Jun-hee) is concluding the five-year “Byeolbit Sinsari Commercial District Renaissance Project,” which has revitalized the commercial area around Sillim Station, one of the district’s representative shopping areas.

The district will hold the “Byeolbit Sinsari Commercial District Renaissance Project Performance Sharing Meeting” on November 14. At this event, the achievements and effects of the Gwanak Renaissance over the past five years will be shared, and exit strategies for sustainable development will be explored. An awards ceremony will also be held to encourage outstanding stores that participated in the project.

The “Byeolbit Sinsari Commercial District Renaissance Project” began in 2019 as the first commercial district renaissance project selected by the Ministry of SMEs and Startups among Seoul’s autonomous districts.

The district invested a total budget of 8 billion KRW and, together with the Seoul Credit Guarantee Foundation, supported the revival and revitalization of the commercial areas around Sillim Station, targeting Seo-won-dong Shopping Street, Shinwon Market, and Gwanak General Market.

The project was carried out with key strategies represented by ▲ROAD Byeolsari (commercial district infrastructure development), ▲CONTENTS Byeolcheonji (commercial district content development), and ▲HUMAN Byeolmuri (merchant capacity building), along with 20 detailed sub-projects.

As this year marks the final year of the project, the district is steadily pushing forward the fifth-year activities to complete the “Byeolbit Sinsari Renaissance Project” with high quality.

In particular, under the supervision of the Seoul Credit Guarantee Foundation, the commercial district management organization, three forums were held with eight internal and external experts. The district plans to introduce the analysis of the five-year project’s achievements and future growth plans for the commercial district at the performance sharing meeting based on the discussions from these forums.

Mayor Park Jun-hee said, “Over the past five years, feeling a heavy responsibility for the difficult livelihood economy, we have worked hard to revive the local economy through the commercial district renaissance project. We will successfully complete the Byeolbit Sinsari Commercial District Renaissance Project so that it can become a role model for future commercial district revitalization projects.”

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