Lotte Mall will move into the Sangam DMC commercial and business site, where development had been delayed for a long time.
The Seoul Metropolitan Government said on the 9th that it approved with modifications the decision (change) to the district unit plan for the Sangam housing site development project and the detailed development plan (draft) for Special Planning Zones (I3·4, I5). The site, located around 1625 Sangam-dong, Mapo District, is currently used as a public parking lot.
The site, despite being a core location of the Digital Media City (DMC), saw development delayed for an extended period. After being designated as a special planning zone in 2011, the land sale in 2013 and the detailed development plan in 2021 were completed, but development did not proceed due to changes in business conditions and other factors.
This detailed development plan is a large-scale mixed-use development project promoted in response to a resident proposal by Lotte Shopping, centered on creating a mixed-use mall combining shopping, culture, and office functions. On the 20,644.1㎡ site, a building with eight basement levels and 23 above-ground stories will be constructed with retail facilities, officetels, and cultural facilities.
The city removed the cap on the ratio of retail facilities and integrated two previously separated blocks into one. This secured the unity of the architectural plan and improved feasibility by enhancing space utilization.
In addition, along Seongam-ro, the city will establish a transfer system linking a subway entrance and a bus stop. The building will adopt a creative architectural design to become a landmark representing the Sangam DMC.
At the same time, through consultations between Mapo District and Lotte Shopping, the parties agreed to open public spaces inside the building to citizens and expand cultural facilities. During the process of opening the large-scale store, a regional cooperation plan will be prepared in consultation with the nearby traditional market. The project aims to break ground in 2027 and be completed in 2030 after architectural review and building permits.
Ahn Dae-hee, head of the Urban Space Headquarters at the Seoul Metropolitan Government, said, "With this change to the detailed development plan, a foundation has been laid for the full-fledged promotion of the development project for the long-delayed Sangam DMC commercial and business site," adding, "We will spare no administrative support so that the site can be created as a leading mixed cultural space in the northwestern area where work, housing, and leisure come together."