Floor area ratio limits will be eased for low-rise residential areas in Ogin-dong and Myeongnyun 3-ga in Jongno District and Mangu-dong in Jungnang District, Seoul.
The Seoul Metropolitan Government said on the 10th that it held the 9th Architecture Committee meeting on the 9th and approved the agenda item, "Designation of three special architectural zones for Human Town 2.0 project sites."
Human Town 2.0 refers to a project that relaxes regulations such as floor area ratio to allow residents in low-rise residential areas, where redevelopment is difficult, to build new or remodel.
The newly designated areas—Ogin-dong lot 47, Myeongnyun 3-ga lot 1-1061, and Mangu-dong lot 422-1—also have many low-rise multi-household and multi-family homes rather than apartments. The city said maintenance had been difficult because profitability was low even when attempting to build on individual parcels.
Accordingly, the city will relax restrictions on landscaping, building coverage ratio, and floor area ratio for building plans that meet the design guidelines, following a review. Height limit relaxations will also apply in the Ogin-dong and Myeongnyun 3-ga areas.
Going forward, the city plans to further designate remodeling activation zones and concentrated building-agreement zones to boost the execution of the Human Town 2.0 project.
At the same committee meeting, the "Shinpoong Station area long-term jeonse housing project" agenda item also passed. As a result, a large-scale apartment complex will be created near Shinpoong Station in Yeongdeungpo District.
This project will be pursued with three basement levels and 35 above-ground floors in the area of Singil-dong lot 413-8. A total of 2,054 dwellings will be supplied, including 270 public dwellings and 1,784 for-sale dwellings. A social welfare facility, a children's park, and a public parking lot will also be built. The target for completion is July 2029.
The city said, "These agenda items are projects that implement Seoul's future urban space strategy, from revitalizing low-rise residential maintenance to large-scale housing supply," adding, "We will actively support project execution to achieve housing stability and strengthen urban competitiveness at the same time."