The reconstruction project for Shinbanpo 4th Apartment in Jamwon-dong, Seocho-gu, Seoul, passed the city's integrated review.
The Seoul Metropolitan Government said on the 21st that at the 17th integrated review committee for maintenance projects on the 20th, it conditionally approved three agenda items, including the integrated review plan for the Shinbanpo 4th reconstruction maintenance project.
After reconstruction, Shinbanpo 4th will be reborn as a large complex with 11 buildings up to 49 stories and 1,833 households (312 public housing units). Construction is slated to begin in 2029.
The project focuses on leveraging its location linking the Seoul Express Bus Terminal and the Han River while expanding pedestrian consolidation inside and outside the complex and everyday spaces available to local residents.
The layout of the complex takes into account surrounding green spaces and the urban landscape, securing open spaces so greenery and sightlines continue from Seoripul Park toward the Han River, and lowering building heights along the section adjoining the school to the north to protect the educational environment and harmonize with the surrounding area.
The integrated review for the urban redevelopment project to build long-term jeonse housing in the station area around Sookdaeipgu Station, covering 52-6 Galwol-dong in Yongsan-gu, was also conditionally approved. As a result, an apartment complex with up to 40 stories and 900 households (231 long-term jeonse units, 72 mandatory redevelopment rental units) will be built. Applying the base floor area ratio incentive tied to the construction of small housing—one of the measures to promote long-term jeonse housing in station areas announced in Mar.—increased the number of sale units by 27.
Yeongjin Market in Singil-dong, Yeongdeungpo-gu, will be redeveloped into a mixed-use residential-commercial apartment complex up to 23 stories with 140 households. The lower floors will house retail, while the upper floors will include apartments (104 households) and officetels (36 households).
Kang Seok, head of the Balanced Development Headquarters at the Seoul Metropolitan Government, said, "Yeongjin Market has long been managed as a disaster-risk facility, making swift maintenance work crucial for safety," and added, "We will create a neighborhood hub where residents can live with peace of mind while preserving the market's inherent functions."