After 15 years of stagnation since being designated a maintenance zone in 2010, "Mia District 2" has secured project viability as the first site selected for application of Seoul City's deregulation of the redevelopment promotion project (No. 36). Starting with Mia District 2, the Seoul Metropolitan Government plans to expand private-led supply of dwellings by providing floor area ratio (FAR) relaxations and business feasibility adjustment incentives to 110 business sites within 31 redevelopment promotion districts.
The Seoul Metropolitan Government said on the 24th that, to normalize redevelopment promotion business sites that had long been stalled under difficult conditions such as a downturn in the construction economy, it prepared a "Redevelopment Promotion Project Regulatory Innovation" plan in July this year, and the Mia District 2 maintenance project is proceeding as the first application area.
With this deregulation, the floor area ratio of "Mia District 2" will be raised (261% → 310%), increasing the supply of dwellings from 3,519 households to 4,003 households. "Mia District 2" has begun the process to amend the promotion plan and will conduct a resident viewing period through the 26th.
To block permitting delays, the Seoul Metropolitan Government plans to directly oversee and support all permits from the Urban Redevelopment Committee review to architectural review and groundbreaking.
Oh Se-hoon, the Seoul mayor, who visited the site that day, said, "With a strong commitment that there will be no further project delays in Mia District 2, we will concentrate all administrative resources to support it." Oh said he will designate Directors General of the Seoul Metropolitan Government and the autonomous districts as schedule promotion officers to strengthen schedule management, and will actively operate the conflict management officer system to support conflict resolution. Mia District 2 is aiming to break ground in the first half of 2030 after securing project implementation approval in the second half of next year.
The Seoul Metropolitan Government expects that 110 business sites within 31 redevelopment promotion districts will benefit from this deregulation. Through this, it expects to increase the supply of dwellings by up to 20%.