[Asia Economy Reporter Donghyun Choi] The single-family residential area in Sadang 5 District, Dongjak-gu, Seoul, will be redeveloped into an apartment complex with 508 units through reconstruction.
The Seoul Metropolitan Government announced on the 3rd that it held the 16th Urban Planning Committee meeting and approved the revised "Sadang 5 Single-Family Housing Reconstruction Maintenance Plan and Maintenance District Change Proposal" for the area around 303 Sadang-dong, Dongjak-gu. Through this review, the maintenance district area was set at 20,265 square meters, with a floor area ratio of up to 210%, a building coverage ratio of up to 30%, and a maximum height of 12 floors (average 10 floors). The building scale was planned to include 508 units, including 20 rental housing units.
In this maintenance plan, a special architectural district was applied to the project site to minimize adverse impacts on the landscape. In particular, reflecting the "2030 Living Zone Plan," space for bus turnaround was secured to establish a new village bus route. To alleviate parking difficulties in the surrounding area, a public parking lot was also planned, which will help improve transportation isolation issues. Additionally, the maintenance plan includes a "Single-Family Housing Reconstruction Tenant Measures" policy. This system mandates that the reconstruction project implementer provide compensation equivalent to redevelopment losses to tenants being evicted, including moving expenses for housing and personal property, as well as business loss compensation. The city expects that these measures will provide momentum for future project promotion.
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