Jungnang-gu Grants Approval for Sangbong 13 District Redevelopment Cooperative... 1,249 Units in 37-Story Building
Around 461 Mangwoo-bon-dong... Floor Area Ratio of 345%
Jungnang-gu in Seoul (headed by District Mayor Ryu Gyeonggi) announced on the 29th that the housing redevelopment project for the Sangbong 13 District received approval for the establishment of its cooperative on the 14th of this month.
The project, located at 461 Mangwoo-bon-dong and the surrounding area, will cover 49,586 square meters and will consist of 1,249 apartment units (including 270 rental units) within a 37-story building with 2 underground floors, along with auxiliary welfare facilities. The average floor area ratio is 345.41%.
The Sangbong 13 District, an area densely packed with aging single-family and multi-family residences, was selected as the second candidate site under Seoul's express integrated planning scheme in December 2022. Since then, the express integrated planning proposal and maintenance plan were created, and after a modified approval by the Seoul Urban Planning Committee in December 2024, it was officially designated a redevelopment zone in March last year. Subsequently, with public support from Jungnang-gu, a promotion committee was formed, and approval for the establishment promotion committee was obtained in October of the same year.
This year, an estimated contribution verification committee was convened in April, during which the union establishment consent forms were notarized and identified with serial numbers. Following a founding general meeting on August 22, final approval for the establishment of the cooperative was granted on the 14th. The district explained that the express integrated planning process has reduced the designation procedure for redevelopment zones from more than five years to around two years.
With the approval for the establishment of the cooperative, subsequent steps such as the selection of a contractor, integrated review, and project implementation plan approval will follow, all centered on the cooperative.
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District Mayor Ryu Gyeonggi stated, "Moving forward, we will support cooperation among relevant organizations and all necessary permits and approval procedures so that the selection of a contractor and various review processes can proceed smoothly, while maintaining continuous communication with the residents."
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