SEOUL, Aug. 23 (Korea Bizwire) — The Seoul Metropolitan Government plans to carry out a construction project known as the Compact City to offer homes to younger Seoulites by redeveloping traffic islands, old sites used by rainwater pump stations, and other unused public property.
The Seoul Housing and Communities Corp. (SH) announced on Thursday a plan to create a public housing complex on a traffic island in the Yeonhui-dong area, and a rainwater pump station in front of Digital Media City Station to accommodate at least 500 people.
The city will also build homes that are combined with youth activity centers and social overhead capital on the traffic island located at the tip of Gyeongui Line Forest Park to utilize the features of a large floating population in the area and the pedestrian link between Gajwa Station and Hongje Stream.
The public property owned by Jeungsan Rain Pump Station in front of Digital Media City Station will turn into a housing complex for young men and women tailored to meet their commuting demands as the area is a hub for three subway lines (Line 6, Airport Railway, and Gyeongui Central Line) as well as the three regions of Northwest Seoul, Ilsan, and Paju.
“Both locations are waterside towns that could boost access by laying bicycle paths and building a pedestrian network,” said SH.
Public facilities inside the new homes will be made available for local residents to prevent any negative sentiment against public housing.
H. M. Kang (hmkang@koreabizwire.com)