17-Story Krafton HQ and Urban Forest to Rise in Seongsu-dong's Old Industrial Zone

A 17-story complex, including a Krafton headquarters and urban forest, will be built in Seoul's Seongsu-dong, an area formerly zoned for light industry. The Seoul Metropolitan Government announced on August 23 that the Urban-Architecture Committee had conditionally approved plans for the development of the Seongsu IT Industry and Distribution Development Promotion District, specifically an area at 276-2 Seongsu-dong 2-ga in Seongdong District.

The project aims to create a large-scale business and complex facility that incorporates green spaces within the city. This development is part of a broader urban planning initiative to revitalize the area. Alongside the commercial complex, public rental housing targeted at young people will be supplied in the Gil-dong area of Gangdong-gu, addressing housing needs for the youth.

The conditional approval signifies that the project must meet specific requirements set by the city before full implementation. These conditions likely relate to infrastructure, environmental impact, and urban planning regulations, ensuring the development aligns with the city's long-term vision for Seongsu-dong. The plan is expected to transform the existing industrial landscape into a more modern and functional urban environment.