Sujin 1 District Redevelopment in Seongnam Approved for Management Disposition... Accelerating Creation of 5,060-Unit Large Complex

Seongnam City Announces Approval of Sujin 1 Redevelopment Management Disposition Plan

"Triple Station Area" Adjacent to Sujin, Moran, and Taepyeong Stations

Poised to Transform into a Residential Hub in Original Downtown Seongnam

Relocation Begins in August, Accelerating Creation of a 5,060-Unit Mega Complex

The Sujin 1 Redevelopment Maintenance Project, considered the largest redevelopment initiative in the original downtown area of Seongnam, Gyeonggi Province, has officially entered the final stage for creating a large-scale complex of 5,000 households, following approval of its management disposition plan.

Perspective view of Sujin1 Redevelopment Maintenance Project. Provided by Seongnam City

On June 16, Seongnam City (Mayor Shin Sang-jin) announced that it has published the approval of the management disposition plan for the "Sujin 1 Redevelopment Maintenance Project," which is being pursued in the area of 963 Sujin-dong, Sujeong-gu.

Sujin 1 District is the first-phase redevelopment target site under the "Seongnam City 2030 Urban and Residential Environment Maintenance Master Plan." The area boasts a "triple station area" location, being adjacent to Sujin Station on Subway Line 8, as well as Moran and Taepyeong Stations on the Bundang Line. In particular, the district is highly valued for its excellent accessibility to Gangnam and Songpa via public transportation, and its proximity to major arterial roads such as the Bundang-Suseo Expressway, making it one of the most important transportation hubs in the original downtown of Seongnam.

According to the newly approved plan, Sujin 1 District will be transformed into a large residential complex with 5,060 units, including 4,844 apartment units in 59 buildings ranging from 7 underground floors to 15 above-ground floors, and 216 officetel units. In addition, the plan includes a significant expansion of essential maintenance infrastructure such as a neighborhood park and off-street parking lots, which have been lacking in the area, greatly improving the quality of life for local residents.

With the management disposition plan now finalized, Sujin 1 District is scheduled to begin full-scale relocation procedures for residents starting in August.

Korea Land & Housing Corporation (LH), the project implementer, is currently accepting applications for the Sinchon and Geumto Districts' cyclical relocation housing to help original residents settle smoothly. The first round of applications is being completed successfully, and, considering the demand for relocation, the corporation plans to supply additional cyclical relocation housing in the second half of this year.

An official from Seongnam City stated, "With the approval of the management disposition plan, the Sujin 1 District redevelopment project has successfully entered the final stage of the maintenance project, which is the relocation phase. We will do our utmost to support the remaining procedures so that residents can relocate smoothly and without inconvenience, and to ensure that the Sujin-dong area is reborn as a pleasant residential hub representing Seongnam."

This content was produced with the assistance of AI translation services.