Large residential and mixed-use developments are emerging on sites previously occupied by broadcasting stations, railway facilities, factories, and terminals, leveraging the historical significance of these locations.
According to the urban regeneration industry on September 26, there is a growing trend of transforming large sites familiar to local residents into residential and mixed-use spaces. As existing facilities are replaced by extensive housing developments, the historical context of these sites is being utilized to promote new complexes.
Major Site Developments in Seoul
In Seoul, large-scale residential and mixed-use facilities are being developed on sites that once housed broadcasting stations, railway facilities, and terminals.
In Yeouido, the 'Brighton Yeouido' project has been established on the former site of the MBC Yeouido headquarters, which was in use from 1982 until its demolition. The new development includes 454 apartments and 849 officetels, with occupancy beginning in 2023.
In the area around Gwangwoon University Station in Nowon District, a mixed-use development is underway on a 150,000 square meter railway site that previously housed cement silos and logistics facilities. The project will feature residential units totaling 1,856, with buildings reaching up to 49 stories.
In Jungnang District, the Sangbong Intercity Bus Terminal, which opened in 1985, ceased operations in 2023, paving the way for new development. Plans for the site include residential facilities with a maximum height of 49 stories and 999 units.
In Yongsan, the development of the Yongsan International Business District is taking place on a 456,000 square meter site that was formerly a railway maintenance facility. This large-scale mixed-use project will combine office, commercial, and residential spaces, with a landmark building planned to reach 100 stories.
Large-Scale Site Developments in Gwangju and Busan
Outside of Seoul, significant projects are also underway to convert large sites previously occupied by facilities into residential and mixed-use spaces.
In Imdong, Buk-gu, Gwangju, the former Jeonnam Textile and Ilshin Textile factory site is undergoing a mixed-use development covering approximately 298,000 square meters. The 'Champions City Phase 1' project, which recently opened for applications, will provide 3,216 housing units, with a total of 4,315 units planned for the entire development, alongside commercial and cultural facilities.
In Busan, the area around Citizens Park, which was previously used as a racetrack and U.S. military base, has been transformed into a park since 2014, leading to ongoing redevelopment efforts that are shifting the area toward residential use.
These sites share a commonality in their potential for large-scale development, despite differing in previous uses and sizes. Facilities such as factories, railway stations, and terminals typically occupy relatively large areas, making it easier to incorporate residential, commercial, green, and community spaces into a single development plan.
From a location perspective, the transportation and logistics accessibility of these former facilities can become advantages in the new developments. As cities expand, sites that were once on the outskirts are now integrated into major living areas.
In Busan, 'Gallery Xi' Transforms into Residential Site
In Busan, there are also instances where sites previously used for model homes are being developed into actual residential complexes. GS Engineering & Construction plans to supply 'Yeonje Gallery Xi' in the Yonsan-dong area of Yeonje-gu in October. This site was previously home to the 'Gallery Xi' model home.
Yeonje Gallery Xi will consist of three buildings, rising from four underground floors to a maximum of 43 stories, with 499 units sized at 84 square meters. It is conveniently located near transfer stations for Busan Metro Lines 1 and 3, as well as Gyodae Station and Geoje Station.
According to GS Engineering & Construction, the Xi brand will be applied in Busan for the first time in 22 years. The design will focus on south-facing units and will include various layouts, such as four-bay and tower types, with ample storage space including pantries and dressing rooms.
Community facilities will feature a book lounge in collaboration with Kyobo Bookstore, a fitness club, and a golf practice range. The upper floors will include a guesthouse with a jacuzzi and a 'Club Cloud' equipped with sound chambers.
* This article has been translated by AI.
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