A 31-story financial office facility will be newly built on the Mirae Asset Securities site in Yeouido, Seoul, and a 120-room tourist hotel will be created near Gunja Station.
The Seoul Metropolitan Government said on the 27th that it held the 8th Architecture Committee review and approved three projects: development of a financial office facility in Yeouido, construction of a tourist hotel in Gwangjin District, and an urban studio housing project in Bangbae-dong.
An underground eight-story to aboveground 31-story financial office facility will be built on the Mirae Asset Securities building site at 34-3 Yeouido-dong. Construction is set to start next year with completion targeted for 2031.
An underground two-story to aboveground 22-story, 120-room tourist hotel will be created around 220-4 Neung-dong in Gwangjin District near Gunja Station. It will be promoted as a complex that includes hotel ancillary facilities and neighborhood living facilities.
The Seoul Metropolitan Government expects the project to expand tourism lodging infrastructure in the northeastern region and to boost commercial activity around Gunja Station.
In the area of 1009-1, -2 and -3 Bangbae-dong, Seocho District, a 46-unit urban studio housing complex will also be built, ranging from five stories underground to 24 stories aboveground. Construction will start this year, with completion slated for 2029.
The Seoul Metropolitan Government said, "We will enhance the city's competitiveness and the quality of life for residents through development that reflects public interest, design, and eco-friendly elements."