Seoul advances major development, deregulation plans amid mayor's legal risk.

Seoul Mayor Oh Se-hoon's administration has advanced six significant development and deregulation proposals, proceeding with its "housing supply expansion through deregulation" policy despite the mayor facing a potential loss of office following a first-instance conviction. He received a fine of 10 million won for violating the Political Funds Act, a penalty that could lead to his removal from office.

The city council approved four revision proposals for district unit plans, covering areas around Taereung and Dobong stations, the Yongsan Electronics Market, and the CJ factory site in Gayang-dong. Additionally, a subcommittee approved the abolition of joint housing regulations in 61 district unit plan zones and introduced "Seoul-type senior housing" 용적률 (plot ratio) incentives in 156 zones. These decisions signal the administration's intent to maintain momentum on its urban development agenda.

A key project involves the redevelopment of the CJ factory site in Gangseo-gu's Gayang-dong. Originally planned as a knowledge industry center, the site will now be converted to supply approximately 960 housing units. The remaining area will accommodate knowledge industry centers, offices, and retail facilities, transforming the site into a mixed-use "live-work-play" complex. This aligns with Mayor Oh's "Great Remodeling of the Southwest" initiative.

Further deregulation measures include easing development restrictions around Taereung and Dobong stations, offering plot ratio incentives for youth start-up and cultural facilities. The Yongsan Electronics Market area will see adjustments to public contribution methods to include public support facilities. Across Seoul, regulations prohibiting joint housing in 61 zones will be lifted, and incentives for senior housing will be applied without requiring separate district unit plan changes, aiming to expedite construction permits.