Since the 2018 designation as a redevelopment promotion zone, the long-delayed redevelopment of Jayang 5 District in Jayang-dong, Gwangjin-gu, Seoul, will be pushed forward by splitting it into two districts. Through this, it will be transformed into an apartment complex up to 49 stories with 1,699 households.
The Seoul city government said on the 28th that at the 9th Urban Regeneration and Redevelopment Committee meeting on the 27th, it approved with amendments a plan to change the designation of the Jayang 5 redevelopment promotion zone and to revise the redevelopment promotion plan.
The Jayang 5 District around 680-81 Jayang-dong, Gwangjin-gu, Seoul, saw prolonged delays in advancing the project. Following the transfer of the Korea Post Information Center to Naju in 2013 and the 2018 decision designating it as a redevelopment promotion zone, residents relocated, but differences continued among the implementing entities.
Under this change to the redevelopment promotion plan, the areas by implementing entity within Jayang 5 District were split into two. They were partitioning into the Jayang 5 redevelopment promotion zone and the Jayang 13 preservation and management zone. Reflecting incentives for public contributions such as public facilities, the floor area ratio increased from the existing 399% to 500%.
The area is expected to supply apartments from five basement levels to a maximum of 49 above-ground stories, totaling 1,699 households. Of those, 429 households will be public housing, including Mirinae House (long-term jeonse housing for newlyweds). Open green space and walking paths for local residents will also be added.
In addition, using the developer's public contribution, a children's hospital will be built. This is the first time the city has used a redevelopment public contribution to establish a health care facility. The children's hospital will be built on a 2,500-square-meter site with a total floor area of 10,400 square meters (nine stories). The new children's hospital will be a secondary hospital capable of treating mild to moderate conditions in children and adolescents.
Choi Jin-seok, head of the Housing Bureau at the Seoul city government, said, "With this change to the promotion plan, the Jayang 5 District project has entered full swing," and added, "Given the prolonged delay, we will actively support the supply of high-quality dwellings."