The Ministry of Land, Infrastructure and Transport is moving forward with plans to supply 2,000 public housing units in the Umyun-dong area of Seocho District, Seoul.
On June 11, the ministry announced the designation of a new public housing district, the 'Seoul Seoripul 2 Public Housing District,' covering an area of 193,259 square meters, which will include the additional 2,000 housing units.
The Seoripul 2 District has completed necessary procedures, including consultations with relevant agencies such as the Seoul City and Seocho District, strategic environmental impact assessments, and disaster impact reviews, starting with a public review for residents in November 2024. In March of this year, it passed the Central Urban Planning Committee's review.
This area offers good access to the Gangnam city center and is surrounded by natural environments like Umyeonsan Mountain. The ministry plans to develop it as a residential complex that supports advanced industries in the Yangjae and Gangnam areas, alongside the previously designated Seoripul 1 District, which will provide 18,000 housing units.
The project will be implemented by the Korea Land and Housing Corporation and the Seoul Housing and Communities Corporation. The project timeline is set from 2026 to 2035. The ministry plans to announce the public housing district designation this month, with district plan approval expected in July 2027 and construction slated to begin in December 2028.
Typically, land development projects take about 56 months from district designation to the start of construction. However, the ministry aims to expedite the timeline for the Seoripul 2 District by preparing subsequent procedures, such as district planning, before the designation and concurrently designing construction plans during the site preparation phase, potentially advancing the construction start date by more than two years.
Lee Jae-pyeong, the housing supply policy director at the Ministry of Land, Infrastructure and Transport, stated, "The Seoripul 2 District, along with the Seoripul 1 District, is part of the public land development project in the Gangnam area of Seoul. We will push forward with the project efficiently through thorough management and communication with residents."
* This article has been translated by AI.
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