SEOUL — Starting Monday, over 8,000 households in Seoul's Hannam neighborhood will commence vacating their residences, marking the first step in a large-scale redevelopment project set to transform the area into high-rise apartments, according to ward officials.
According to Yonhap News Agency, the approximately 386,000-square-meter project area, which includes sections of Hannam-dong and Bogwang-dong, was originally designated for redevelopment in 2003. The final development implementation plan received ward office approval in June of this year. Under the approved plan, 197 apartment buildings with heights of up to 22 stories will be erected in an area designated as Hannam Zone 3. This will create living space for nearly 6,000 households. The redesigned area will also include more than 27,000 square meters of park space and 1,300 square meters designated for social welfare facilities.
The process, affecting 8,300 households—including 6,500 renters—is anticipated to take approximately two years. To combat the potential for urban decay during this large-scale relocation, the ward office will implement heightened safety and crime prevention measures, such as the installation of CCTV cameras and patrol posts.
Yongsan Ward office chief Park Hee-young said, "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."