82 Units of Station-Area Youth Housing to Be Built at Hwagok Station, Gangseo-gu

The site for the transit-oriented youth housing project located at 1073-11, Hwagok-dong, Gangseo-gu

[Asia Economy Reporter Donghyun Choi] A total of 82 units of transit-oriented youth housing will be built near Hwagok Station in Gangseo-gu, Seoul.

On the 20th, Seoul City held the 2nd Transit-Oriented Youth Housing Subcommittee and approved the district unit planning area and planning decision plan for the transit-oriented youth housing project to be built at 1073-11 Hwagok-dong, Gangseo-gu, as originally proposed, the city announced on the 21st. The site area is 707.9㎡, and a total of 82 units will be constructed, including 15 public rental units and 67 private rental units.

Transit-oriented youth housing is a policy where private developers build rental housing near transit stations with support from Seoul City and prioritize supply to youth. 100% of the residential area is rental housing, specially supplied for youth aged 19 to 39, university students, and newlyweds. A Seoul City official said, "Affordable rental housing and various youth-related community facilities are also planned together, which is expected to contribute to the revitalization of youth in this area." The relevant district office will proceed with the procedures related to building permits in the future.