The site of the Seobu Truck Terminal in Sinjeong-dong, Yangcheon District, Seoul, will be reborn as an advanced logistics complex with up to 25 floors. Among the six sites selected in 2016 as pilot projects for urban advanced logistics complexes, this will be the first to break ground.
The Seoul Metropolitan Government held a groundbreaking ceremony for the urban advanced logistics complex at 1:30 p.m. on the 4th at the Seobu Truck Terminal development site in Sinjeong-dong, Yangcheon District.
The Seobu Truck Terminal development site, built in 1979, covers 104,245 square meters, with a total floor area of 791,900 square meters. It is one of six sites, including Guro and Yangjae, selected in 2016 by the Ministry of Land, Infrastructure and Transport as pilot sites for urban advanced logistics complexes. It is the fastest-moving among the pilot sites, entering construction after about 10 years.
Through the Seobu Truck Terminal development project, the Seoul Metropolitan Government plans to significantly expand infrastructure that has been lacking in the area—such as finance, medical care, culture, and retail—centered on large-scale logistics facilities using advanced ICT technology.
Seoul Mayor Oh Se-hoon said in a congratulatory address at the groundbreaking ceremony, "The Seobu Truck Terminal has long supported daily logistics in Seoul, but it has been regarded as a space that detracts from the cityscape due to its aging facilities and environment," adding, "Through urban reinvention that enhances citizens' quality of life, the Seobu Truck Terminal will be reborn as a landmark in the southwestern region."
Oh added, "We will communicate with citizens so this can be a groundbreaking turning point for Seoul's innovation and citizen happiness, and we will take responsibility to the end to ensure there is no inconvenience during construction."
Real estate developer Seobu T&D plans to invest a total of 1.9 trillion won in the site to develop it into an advanced logistics complex with seven underground floors and 25 above-ground floors. The plan calls for a mixed development that includes an apartment complex of about 997 households, commercial facilities to revitalize the local business district, and logistics facilities applying advanced systems.
Using advanced ICT technology, a fulfillment (integrated logistics processing) facility will be built to handle automated sorting and the entire process of product receiving, sorting, and delivery. A "cold chain facility" providing services such as fresh food storage, packaging, and processing, as well as community-sharing warehouses, will enhance logistics services and improve distribution efficiency. The existing logistics terminal will continue operating with logistics facilities placed underground.
To improve the local landscape, the skyline will be formed in connection with surrounding topography such as Maebongsan and Sinwolsan. Transportation infrastructure will also be expanded by widening roads around the project site and creating a new road to resolve the northern break in Ori-ro.
A "startup support center" (5,421 square meters) consisting of move-in space for startups, consulting and support rooms, conference space, lounges, and an auditorium, and the "Sinjeong Sports Center" (17,050 square meters) equipped with a swimming pool, fitness room, squash, bowling alley, table tennis room, screen golf, indoor tennis court, and a multipurpose gymnasium will also be newly built. The project will also supply 997 units of urban-type dwellings (including 98 public rental dwellings).
To ensure smooth progress, administrative procedures and other project phases are underway for the Seobu Truck Terminal urban advanced logistics complex. Following approval of the dwelling construction project plan and building permits by the Yangcheon District Office, construction is scheduled to begin in the second half of next year, with completion targeted for the second half of 2030.
Choi Hyun-ji, vice president of Seobu T&D, said, "By 2030, the Seobu Truck Terminal will be both a logistics hub for the southwest and a landmark in the southwestern region that Seoul citizens visit and enjoy," adding, "We will devote utmost care to its development."