The Seoul Metropolitan Government said on the 20th that it has prepared a basic plan to revitalize the area around Nambu Terminal.
The plan lays out a mid- to long-term strategy to organically connect the urban space within a 1-kilometer radius centered on Nambu Terminal. The main points are to place the terminal underground while modernizing it, and to introduce office, tourist lodging, cultural, and residential functions on the ground level.
For Nambu Terminal Station on Subway Line 3, the city plans to pursue environmental improvements to create a cultural space in connection with the terminal's mixed-use development, and to raise pedestrian convenience and local accessibility by improving the aging sidewalks around Nambu Terminal through a streetscape enhancement project.
To strengthen and invigorate the characteristics of the Seocho music and culture district, the city also included a plan to promote in the long term a specialized instrument-street design project linked to the mixed-use development of Nambu Terminal.
Nambu Terminal was created in the 1990s as a two-story temporary building and has been in operation to this day. Although modernization was deemed necessary due to its age and cramped conditions, development stalled because the city and private entities took different positions on development density, land use, and business feasibility. The city said that if a private developer proposes a development plan in the future, it will negotiate based on this plan.
Kim Yong-hak, director-general for future space planning, said, "It is significant that we viewed Nambu Terminal and the surrounding area as a single organic space rather than separate projects and presented a comprehensive development direction," adding, "Based on this plan, we will nurture the Nambu Terminal area into a new hub in the southeastern region."