Hyundai Engineering to Supply 'Hills Avenue Seongnam Metroble' in Legal District and Station Area

Aging Buildings Account for 82.71% in Seongnam's Sujeong-gu... Newly Built Neighborhood Commercial Facilities in the Old City Center Draw Attention
Prime Location Near Dandaeogeori Station and Planned Legal District... Tenant Mix Targeting Business and Everyday Demand

Hyundai Engineering will supply "Hills Avenue Seongnam Metroble," a newly built neighborhood commercial facility in Dandae-dong, Sujeong-gu, Seongnam-si, Gyeonggi-do. The new facility, located in the old city center with aging buildings, is expected to meet business demand from the legal district planned for the area.

Sujeong-gu, Seongnam-si, is an old city center where residential and commercial functions have accumulated over a long period, and it has a high proportion of aging buildings. According to building data from the Ministry of Land, Infrastructure and Transport's Building Hub (covering data from January 1, 1940 onward), 82.71% of buildings in Sujeong-gu have been in use for more than 20 years, based on the approval date for use recorded in the building register.

In old city centers with many aging buildings, new neighborhood commercial facilities are relatively scarce. Unlike in new towns, new supply is limited because existing buildings must be demolished and rebuilt. New facilities can also set themselves apart from existing ones in terms of convenience, including parking, elevators, and store layouts.

Hyundai Engineering's "Hills Avenue Seongnam Metroble" is a neighborhood commercial facility designed with these characteristics of the old city center in mind. It aims to stand out with convenient amenities such as ample parking and elevators, as well as a floor-by-floor tenant mix that reflects the characteristics and demand of the surrounding commercial district.

Its location is another notable advantage. The facility is adjacent to Exits 6 and 7 of Dandaeogeori Station on Subway Line 8. Situated in a station-area location that connects subway commuters' routes with nearby residential areas, it offers easy access for people traveling by public transportation.

Particular attention is being paid to the nearby project to develop a legal district. Seongnam City is pursuing a project to relocate the Seongnam Branch of the Suwon District Court and the Seongnam Branch of the Suwon District Prosecutors' Office to the site of the former First Seongnam Industrial Complex in Sinheung-dong, Sujeong-gu. The legal district is expected to bring more legal and administrative professionals and visitors to the area, strengthening the surrounding commercial district's business function.

With the nearby Seongnam Tax Office also in the vicinity, demand for legal and tax services is expected to cluster in the area. Accordingly, "Hills Avenue Seongnam Metroble" has planned its floor-by-floor tenant mix with its proximity to the legal district in mind.

The first floor is planned for businesses closely tied to daily life, including food and beverage, cafes, and retail. The second floor, which faces Sanseong-daero, is planned primarily for medical and neighborhood businesses. The third and fourth floors will offer business space suited to professional services such as lawyers, judicial scriveners, and tax accountants, connecting business demand with everyday spending.

There is also a strong residential customer base nearby. Large apartment complexes around Dandaeogeori Station include Sanseong Station Forestia, e-Pyeonhansesang Geumbit Grand Maison, and Sanseong Station Xi Prugio. Redevelopment projects are also underway in Sinheung 1 District, Taepyeong 3 District, Sinheung 3 District, and Sujin 1 District, with changes to the commercial area expected as the residential environment improves.

In particular, unlike commercial districts in new towns, the area already has established public transportation networks and daily-life infrastructure. The influx of residents moving into newly built apartment complexes is expected to drive the growth of the commercial district.

Nearby Huimangdae Park is another factor that could attract visitors. The location is considered well positioned to serve a range of everyday needs, from legal and tax professionals and nearby residents on weekdays to park visitors on weekends.

A real estate agent in Sujeong-gu, Seongnam-si, said, "In old city centers with many aging buildings, new neighborhood commercial facilities are often scarce in their own right. Hills Avenue Seongnam Metroble is not only being built in the station area around Dandaeogeori Station, but could also benefit from business demand following the planned relocation to the legal district. We expect it to play a part in transforming the Dandaeogeori commercial district."

The sales information center for "Hills Avenue Seongnam Metroble" is located near Dandaeogeori Station on Subway Line 8. More information about the sales offering is available on the official website.

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