Yeouido Gwangjang Apartment buildings 1 and 2 (38-1) in Seoul will be rebuilt with a maximum of 52 floors.
The Seoul Metropolitan Government said on the 12th that it held the third Urban Planning Committee delegated subcommittee on the 11th and approved with amendments the decision plan for the "Yeouido Gwangjang Apartment 38-1 reconstruction maintenance plan."
Gwangjang Apartment, located between Yeouido Saetgang and Yeouido Station, is an aging complex 48 years after completion. It is divided into two lots, Yeouido-dong 38-1 and 28, and is pushing ahead with separate reconstruction. Lot 38-1 consists of buildings 1 and 2, and lot 28 consists of buildings 3 through 11, and the two zones are separated by Yeouinaru-ro.
Buildings 1 and 2, for which the maintenance plan was decided this time, took about 10 months from the start of the Shin-Tong planning advisory in May last year to passing the review this time, shortening the standard processing period for maintenance projects by about five months.
In the maintenance plan, the Seoul Metropolitan Government raised the land-use zoning from a type 3 general residential area to a general commercial area, considering the characteristics of Yeouido as a financial hub. As a result, with a floor area ratio of 597% applied, it will be developed with a maximum of 52 floors (under 200 meters), totaling 414 households (154 public housing units).
Public facilities that coexist with the local community will also be introduced. In connection with the school to the south of the project site and neighboring apartment complexes, a 3,000-square-meter Children's Imagination Land (children's job experience center) will be built to strengthen cultural and educational functions where children can experience jobs. In addition, community facilities such as a daycare center and a small library will be opened to local residents and operated.
The pedestrian environment around the complex will be improved and rest areas will also be created. A frontage setback in the form of a sidewalk will be created along major street fronts to provide a safe and pleasant pedestrian environment for local residents and students. An open plaza will be installed at the pedestrian node consolidating Yeouido Station and Saetgang to provide residents with everyday rest areas.
Gwangjang Apartment is the ninth of 13 complexes pushing for reconstruction in the Yeouido area to have its maintenance plan approved. Currently, Daekyo and Hanyang Apartments have completed project implementation approval, Siheom and Gongjak Apartments have completed integrated reviews, and Mokhwa Apartment is in preparation. Jinju and Sujeong Apartments are preparing to establish associations, and Gwangjang (28) and Gwangjang (38-1) Apartments have completed Urban Planning Committee reviews. Samik, Eunha, and Sambu Apartments are preparing for reviews, and Miseong Apartment is receiving Shin-Tong planning advisory.
Choi Jin-seok, head of the Seoul Metropolitan Government's Housing Bureau, said, "With the decision on the Gwangjang Apartment 38-1 maintenance plan, the reconstruction projects in the Yeouido area will gain further momentum," adding, "We will actively support the creation of an attractive urban residential environment befitting Yeouido's status as a financial hub."