This bird’s eye view depiction of the Hannam-dong area in Seoul after redevelopment is provided by the Yongsan Ward office. (Image courtesy of Yonhap)
SEOUL, Oct. 30 (Korea Bizwire) — Over 8,000 households in Seoul’s Hannam neighborhood will begin vacating their homes Monday as part of a redevelopment project that will turn the sprawling residential area into high-rise apartments, ward officials said.
The approximately 386,000-square-meter area, spanning parts of Hannam-dong and Bogwang-dong in Yongsan Ward, was initially designated for redevelopment in 2003 as part of a bigger urban renewal project in the ward. And the final development implementation plan was approved by the ward office in June.
Under the project, 197 apartment buildings as high as 22 stories and capable of housing nearly 6,000 households altogether, will be constructed in an area known as Hannam Zone 3. The area will also feature more than 27,000 square meters of park space and 1,300 square meters of social welfare facilities.
The Yongsan Ward office said the relocation of current residents will begin Monday, affecting 8,300 households, including 6,500 renters.
Given the scale of the mass relocation, the ward office expected the process will take about two years.
The ward office plans to step up safety and crime prevention measures in the area to prepare against possible urban slumming in the relocation process, including the installation of CCTVs and patrol posts.
“Hannam Zone 3 is a place for an unprecedentedly massive redevelopment project with a budget of 3 trillion won (US$2.2 billion), which will present a picture of a future city for Yongsan Ward,” ward office chief Park Hee-young said.
(Yonhap)
