Geumcheon-gu to Redevelop Jungang Cheoljae Shopping Center Near Seoksu Station into 944-Unit Mixed-Use Complex

Market Redevelopment Project Plan Passes Seoul Review

Geumcheon-gu, Seoul (District Mayor Choi Kichan), announced on the 8th that a project to rebuild the Jungang Cheoljae General Shopping Center in Siheung 3-dong as a mixed-use complex with up to 43 floors and 944 households had passed review by the Seoul Metropolitan Government. The shopping center was completed more than 40 years ago.

Location map of the Jungang Cheoljae Jonghap Sangga Market Redevelopment Project. Provided by Geumcheon-gu.

On October 30, the Seoul Market Redevelopment Project Joint Committee approved, with revisions, the “Implementation Plan and Landscape Review Proposal for the Jungang Cheoljae General Shopping Center Market Redevelopment Project” for the area around 966-2 Siheung 3-dong.

The shopping center has long been cited as posing fire and collapse risks. Dust and noise from processing and distributing steel materials have also worsened living conditions in nearby residential areas.

The project site is in a station area along Siheung-daero, a gateway to southwestern Seoul. The mixed-use complex will include a large-scale retail store and neighborhood facilities, as well as a public sports facility provided as part of the project’s public contribution. The plan also takes into account the surrounding terrain, including Hoamsan Mountain, and development plans for adjacent areas. This review is part of the procedure for approving the project plan under the Special Act on the Promotion of Traditional Markets and Shopping Districts. Once approval is officially announced, the area will be designated as a redevelopment zone.

District Mayor Choi Kichan said, “I expect this project to serve as an opportunity for a new leap forward and revitalization of the area around Seoksu Station. I will do my utmost to ensure that the project proceeds swiftly and steadily, creating synergies with nearby development projects.”

Bird's-eye view. Provided by Geumcheon-gu.

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