Full-Scale Promotion of Daejeon Station Area Complex Zone 2... Approval of Dong-gu Project Implementation Plan

Construction of 987 Apartment Units and Mixed Commercial Facilities
Solar Power Equipment Relocation in April... Completion in 2029

Perspective view of the Daejeon Station Area Complex Zone 2 Development Project / Dong-gu, Daejeon

After three failed attempts since 2008, the redevelopment project of the Daejeon Station area Complex Zone 2 is set to proceed in earnest after 16 years with the selection of a developer.

On the 19th, Dong-gu District Office in Daejeon announced that it had approved the business implementation plan for the Complex Zone 2 redevelopment project, a core redevelopment project in the Daejeon Station area with a total project cost of 1 trillion won.

The Complex Zone 2 redevelopment project is being carried out on a 28,369㎡ site at 291-2 Sojedong within the Daejeon Station area redevelopment promotion district, where the tallest building in Daejeon, reaching up to 69 floors, will be constructed.

Following the approval of the business implementation plan, construction is scheduled to begin in April with the relocation of solar power facilities and is expected to be completed by 2029.

The project will be implemented by Daejeon Station Area Development PFV Co., Ltd. (Hanwha Construction and eight other companies) and will include three residential apartment buildings (987 households), lodging facilities (228 rooms), an office building (one building), retail facilities, neighborhood living facilities, and commercial complex facilities such as cultural and assembly spaces.

Park Hee-jo, head of Dong-gu District Office, stated, “Complex Zone 2 will introduce various facilities including residential, retail, cultural, and assembly spaces, creating an open area that can be freely used not only by local residents but also by tourists. By 2030, the Daejeon Station area, the core of the Dong-gu renaissance era, will be reborn as the center of new industries, culture and arts, and the MICE ecosystem in Daejeon and South Korea.”