Land Compensation Negotiations Begin for 520,000㎡ Suji Central Park in Yongin

Completion Scheduled for 2027
4km Themed Forest Trails, Park Golf Course to Be Built
Lee Sangil: "A Space for Citizens' Health and Relaxation"

The development of Suji Central Park, covering an area of 520,000 square meters in Sinbong-dong and Seongbok-dong, Suji District, Yongin, Gyeonggi Province, is moving forward in earnest.

A panoramic view of the planned site for Suji Central Park, covering an area of 520,000 square meters in Sinbong and Seongbok-dong, Suji District, Yongin. Construction is scheduled to begin in the first half of next year after land compensation. Provided by Yongin City

According to Yongin City on August 28, Korea Land and Housing Corporation (LH), which is acting as the agent for land compensation work for Suji Central Park, recently completed the appraisal of the land subject to compensation and has begun negotiations for compensation for losses.

The city plans to begin construction in the first half of next year and complete the project by the end of 2027, provided that compensation negotiations proceed as scheduled.

Suji Central Park is a large-scale park that will be created across Sinbong-dong and Seongbok-dong in Suji District, near the Seosuji Interchange on the Yongin-Seoul Expressway. The planned site is surrounded by apartment complexes housing around 20,000 households.

Previously, in 2022, the city signed a public land reserve project agreement with LH to promote the sequential purchase of 512,959 square meters of land, excluding city-owned property, for the park's development. The public land reserve project is a system in which the LH Land Bank pre-purchases land expected to increase in value due to development, and later supplies it for public projects by the central or local governments as needed.

Through the park development project, the city plans to establish five themed forest trails with a total length of 4 kilometers-Nature Barefoot Trail, Daengdaeng Forest Trail, Flower Garden Trail, Solmeong Forest Trail, and Vitality Forest Trail-as well as a park golf course, an adventure playground, and various sports and leisure facilities for all age groups.

Lee Sangil, Mayor of Yongin, stated, "We will work to ensure that compensation proceeds smoothly based on the appraisal," adding, "We will successfully complete the park development project to provide citizens with a space for health and relaxation."

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