The Seoul Real Estate Forum will hold a seminar on November 12 at the Eulji Twin Towers in Jung-gu, Seoul, to discuss the future of commercial spaces, including the restructuring of commercial areas and transit-oriented development. Attendance is free.
According to the Seoul Real Estate Forum on October 20, the seminar, titled 'Urban Change and the Future of Commercial Spaces: From Commercial Area Restructuring to Transit-Oriented Development,' will take place at 2 p.m. on the third floor of the Eulji Twin Towers in the Prugio Art Hall. Experts from academia, research institutions, and both public and private sectors are expected to participate.
The event will begin with opening remarks by Lee Tae-ho, chairman of the Seoul Real Estate Forum, followed by a welcome address from Jeong Won-joo, chairman of Daewoo Engineering & Construction, and a keynote speech by Hwang Sang-ha, president of the Seoul Housing and Communities Corporation (SH). The Seoul Real Estate Forum will also sign a memorandum of understanding with the Korean Real Estate Analysis Society and award scholarships to ten university students. Since 2016, the forum's scholarship program has provided funding to 82 students.
The first session will feature a presentation by Heo Ja-yeon, a research fellow at the Seoul Institute, on 'Examining Seoul's Commercial Areas: Supply-Demand Imbalance and Spatial Restructuring Strategies.' The session will be moderated by Lee Hyun-seok, a professor at Konkuk University, with panelists including Kim Seong-soon, deputy representative of Cushman & Wakefield Korea, Seong Si-yoon, a doctor in the Incheon City Urban Planning Department, and Lee Il-hee, a director at Jeil Engineering.
The second session will include a presentation by Nam Ji-hyun, a senior researcher at the Gyeonggi Research Institute, on 'The Era of Transit-Oriented Development: From Retail Spaces to Future Value Platforms.' This session will be moderated by Lee Sang-young, a professor at Myongji University, with panelists including Kang Jeong-gu, CEO of GRE Partners Asset Management, Park Jong-hyun, CEO of TooGood, and Son Jeong-rak, a researcher at Hana Financial Research Institute.
Recently, the Seoul city government has expanded its policy to restructure transit-oriented and commercial areas into mixed-use hubs that combine residential, business, and commercial functions. In May, the city announced plans to extend the scope of its transit-oriented development projects to 325 transit hubs across Seoul and to implement a 'growth hub-type mixed-use development project' that could allow for a maximum floor area ratio of 1,300% in certain central areas and transfer stations.
Chairman Lee Tae-ho expressed hope that the seminar would serve as a platform for academia, research institutions, and both public and private sectors to discuss the future of commercial spaces.
* This article has been translated by AI.
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