Gwangju Dong-gu Office and Urban Corporation Sign Agreement for Old Downtown Urban Regeneration

Gwangju Dong-gu and the Urban Corporation signed a business agreement on the 8th for downtown urban regeneration and held a commemorative photo session. Photo by Gwangju Dong-gu Office

[Asia Economy Honam Reporting Headquarters Reporter Cho Hyung-joo] Dong-gu, Gwangju (Mayor Im Taek) announced on the 8th that it has signed an 'Old Downtown Urban Regeneration Business Agreement' with Gwangju Metropolitan City Urban Corporation and will actively promote an urban regeneration project utilizing vacant houses, stores, and underground shopping malls.

This project was prepared to discover unique urban regeneration projects specific to Dong-gu by utilizing vacant houses and underground shopping malls that have been neglected so far, together with the Urban Corporation, and to seek fundamental solutions through this.

Taking this agreement as an opportunity, Dong-gu plans to find utilization plans linked to vacant house maintenance and urban regeneration projects for about 600 vacant houses, and to establish tourist hubs such as media-themed content experience centers in the underground shopping malls to contribute to revitalizing the local commercial district.

An official from Dong-gu said, "This agreement has laid the foundation for maintaining vacant houses and stores in the district as well as revitalizing the underground shopping malls," adding, "We will do our best to create a vibrant Dong-gu through sustainable urban regeneration by working together with villages, residents, and local issues to think about and solve problems."