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 [...]
SEOUL, Aug. 16 (Korea Bizwire) — The district office of Yongsan said Tuesday it has approved a redevelopment plan to turn the former site of the United Nations Command (UNC) into a high-rise residential area equipped with a hotel and commercial facilities. Construction work will begin in November for the redevelopment spanning 51,753 square meters [...]
SEOUL, Mar. 13 (Korea Bizwire) — Seoul’s city government plans to intervene in redevelopment and reconstruction projects led by the private sector. Deputy Mayor Jin Hee-sun of the Seoul Metropolitan Government’s Urban Regeneration Headquarters announced the city’s comprehensive plan for urban and construction innovation on Tuesday. The plan involves the city providing guidelines on the [...]