Korea Infrastructure Consulting announced on the 18th that it has been selected as the priority negotiation target (excellent proposer) for the public parking lot site at Gaehwasan Station, part of Seoul's public-private partnership investment project model. Korea Infrastructure Consulting proposed a future-oriented silver town themed 'Adding work to silver life' by integrating an existing parking lot.
The competitive public-private investment project is a pioneering method established by the Seoul city government in consultation with the Ministry of Strategy and Finance last year. Unlike the previous approach where the private sector first identified projects and submitted proposals, this method involves the city first disclosing public available land and soliciting suitable business plans. The city selected Korea Infrastructure Consulting as the excellent proposer for the public parking lot site at Gaehwasan Station after pre-examining and evaluating proposals from 10 project proposers for three sites.
Korea Infrastructure Consulting submitted a project plan to develop a ten-story mixed-use facility at the Gaehwasan Station public parking lot site (8,690.20㎡) and received high marks for space composition that emphasizes stable senior living and intergenerational coexistence, aligning with the site's theme of 'Specialized hubs for integrated generations preparing for the future.' The design, which combines a silver town, a public parking lot, and a senior job and entrepreneurship support center, aims to enhance usability and also garnered praise for guaranteeing regional parking convenience by constructing additional parking spaces beyond the existing public parking lot.
Korea Infrastructure Consulting explained that it proposed an active silver town targeting early retirees, differentiating it from silver towns such as The Classic 500 and Magok VL Le West. They believe this idea is suitable for societal changes in line with the aging population and the increasing number of seniors who can work. They envisioned a facility combining urban-style silver towns connected to subway lines and a support center that creates optimal employment opportunities utilizing the airport station area.
According to the company, this proposal is expected to provide suitable facilities for middle-class active seniors. The operating organization is also systematically and efficiently designed, taking the residents' health and safety into consideration. They plan to deploy around 20 experts to provide diverse services, including continuous health monitoring, emergency medical response, facility safety management, security, and housekeeping. In addition, they aim to establish facilities optimized for seniors intending to provide job opportunities, including a senior job and entrepreneurship support center that supports AI interviews, automated resume generation, job linkages, and specialized vocational training stages.
Lee So-jung, CEO of Korea Infrastructure Consulting, said, 'Korea Infrastructure Consulting is the first project management (PM) company in the private investment sector in Korea, having planned and discovered various private investment projects, and has now been selected as the priority negotiation target for the first-ever competitive public-private investment project in the country.' She added, 'We will continue to plan and discover various private investment projects to contribute to the development of the national economy.'
She further added, 'Starting with this project, we will expand our business scope to include the operation of private investment projects.'
Meanwhile, Korea Infrastructure Consulting, established in 2004 as the first PM specialized company in private investment projects in Korea, has a record of performing project management and financial advisory for over 150 development projects and feasibility studies for over 50 projects, making it a representative company in project management, feasibility studies, and financial advisory within the private investment sector.