Seoul approves four major urban regeneration projects, including Apgujeong 2nd District

Seoul is accelerating its urban redevelopment initiatives as four major projects, including the Apgujeong 2nd District, have successfully passed the city's integrated review process. This streamlined approval system, which combines architectural, transportation, and landscape reviews, is designed to expedite the reconstruction and redevelopment of key urban areas.

The Apgujeong 2nd District project stands out, being the first among the Apgujeong 2, 3, 4, and 5 districts to clear the integrated review. This ambitious plan envisions a large-scale complex with up to 66 floors, comprising 2,381 households. A significant aspect of the development includes enhancing public access to the Han River through a public pedestrian walkway and an elevated bridge. The project also plans to include public facilities and a neighborhood park as part of its donation-in-kind contributions.

Other approved projects also promise significant urban transformation. Shinbanpo 16th, located in Seocho District, will be redeveloped into a 34-story, 468-household complex, featuring an open design without traditional fences. This project aims for a construction start in June 2025, with completion targeted for 2031. In Gangdong District, the Samik Mansion, built in 1984, will be rebuilt into a 39-story, 990-household complex, including a neighborhood park and a 110-space public parking lot adjacent to low-rise residential areas.

Lastly, the Oryu Market in Guro District, established in 1968, will be transformed into a 29-story mixed-use building with 230 households. The lower floors will house retail facilities, and a long-planned urban road will be opened as part of the development. With these integrated reviews passed, each project will proceed to the next stages, including business execution approval and construction, marking a significant step forward for Seoul's urban renewal.