Gireum New Town's Final Piece Falls Into Place... Gireum 5 Zone Gets Project Implementation Plan Approval
754 Apartments in Jeongneung-dong Area; Construction to Begin in 2029
All areas in the Gireum Redevelopment Promotion District, formerly known as Gireum New Town, have received approval for their project implementation plans. The new town development project, carried out in stages over more than 20 years, is now nearing completion.
Bird's-eye view of the housing redevelopment project in the Gireum 5 Redevelopment Promotion Zone. Provided by Seongbuk-gu.
View original imageSeongbuk-gu in Seoul (Mayor Lee Seung-ro) announced on November 13 that it had approved the first project implementation plan for the housing redevelopment project in the Gireum 5 Redevelopment Promotion Zone, covering the area around 175 Jeongneung-dong, on November 12. The Gireum 5 Zone was the last area awaiting approval, following approval of the Gireum Market redevelopment project last year.
The Gireum 5 Zone covers 36,270.9 square meters. It will include 754 apartments in eight buildings, ranging from six basement levels to 33 stories above ground, as well as ancillary and welfare facilities. Infrastructure such as roads and parks will also be developed, along with public facilities including a comprehensive social welfare center and a women's center.
The residents' association will next proceed with applications for apartment allocations to its members and approval of its management and disposal plan, before beginning relocation and demolition. Construction is targeted to begin in 2029 and be completed in 2032.
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“With approval of the project implementation plan for the Gireum 5 Zone, projects across the entire Gireum Redevelopment Promotion District are now on track,” Mayor Lee Seung-ro said. “We will ensure the remaining procedures are carried out transparently and swiftly.”
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