Target Completion in 2025
15,000㎥ Scale
Seoul Institute Relocation Plan Also Included
[Asia Economy Reporter Lee Hyun-joo] The Seoul Metropolitan Government announced on the 19th that it will complete the 'Eunpyeong Innovation Campus,' the second campus of the University of Seoul within Seoul Innovation Park, by 2025. Located adjacent to Bulgwang Station on Line 3, the campus will have a total floor area of approximately 15,000㎡. It will be utilized as a liberal arts college including innovative educational programs.
Seoul Innovation Park will also house the 'Global Social Innovation Open Campus,' which the Seoul Metropolitan Government is independently planning to build. The Seoul Institute is also scheduled to relocate there, and it is expected to create synergy by linking with resident facilities such as the Future Hall and Youth Hall.
Construction will begin in the second half of 2022. The cost of building the new facility is estimated to be between 135 billion and 150 billion KRW. The city will establish a basic plan by October through the promotion of the 'Basic Concept and Commercialization Strategy Establishment' project and will proceed with related procedures such as feasibility studies.
Park Won-soon, Mayor of Seoul, said, "It is expected to significantly address the concerns of the northwest region, which lacks educational and research facilities, from the perspective of balanced regional development," adding, "We will evolve into a global social innovation cluster and strengthen the function of an urban laboratory that solves various social problems in Seoul through synergy among diverse stakeholders and institutions."
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