Targeting Completion by 2031

Perspective view of the Dongbu Cargo Terminal redevelopment plan. Provided by the Seoul Metropolitan Government

Perspective view of the Dongbu Cargo Terminal redevelopment plan. Provided by the Seoul Metropolitan Government

View original image

The Dongbu Cargo Terminal in Seoul will be transformed into a major logistics, leisure, and residential complex for the northeastern region.


On January 29, Seoul City announced that it had approved, with amendments, the “Dongbu Cargo Terminal District Unit Plan and Detailed Development Plan for the Special Planning Zone.”


The site had been designated as a logistics terminal for 40 years, making it impossible to develop for other purposes and contributing to regional stagnation. Although a development plan was established and finalized in 2022, additional negotiations with private sector operators took place last year, resulting in a revised plan.


The latest decision includes reducing the development density of the rear ground area adjacent to residential zones. Plans were discussed to provide a cultural complex facility for local residents and to create a large-scale, multi-level green space of 7,140 square meters on the ground level.


The average development density was significantly lowered from 565% to a floor area ratio of 433%. The multi-level green space will be fully open to local residents and connected to the Jungnangcheon pedestrian bridge, ensuring public access through the establishment of a local district. Leveraging the geographical advantages of Baebongsan Mountain and Jungnangcheon Stream, a green network will be established, and the developer will additionally create a “Fun Station” (tentative name) worth approximately 5 billion won on land adjacent to Jungnangcheon.


The large-scale complex cultural facility operated by Dongdaemun District will include an education support center, sports facilities, and a library, with a total floor area of about 5,800 square meters. Projects such as the construction of the multi-level pedestrian bridge and riverside deck along Jungnangcheon will be directly implemented by Seoul City to strengthen public access and project reliability.


In addition, 76 units of rental housing, including Mirinae House, will be supplied to support socially disadvantaged residents.


Seoul City plans to officially announce the district unit plan in March, proceed with the building permit process, and aims to begin construction in 2027 and complete it by 2031.



A Seoul City official stated, “Through the amendment of the Dongbu Cargo Terminal district unit plan, we aim to support resident-friendly development and hope this will become a driving force for the revitalization of northern Seoul.”


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