A view of the 'Netherlands Markthal,' which Gyeonggi Province is researching for remodeling traditional markets with European architectural styles
Four locations, including Nammun Market in Suwon, Gyeonggi Province, will be developed into regional commercial landmarks through European-style architectural design.
Gyeonggi Province announced on the 26th that it has selected four commercial districts, including the area around Nammun Market in Suwon, as part of the 'Traditional Market Innovation Model Establishment Project,' which remodels traditional market commercial districts with European-style architectural design to create urban landmarks.
The Traditional Market Innovation Model Establishment Project supports up to 20 billion KRW over three years for one commercial district to assist with remodeling and consulting to strengthen commercial competitiveness.
The four selected locations are ▲the commercial district around Nammun Market in Suwon ▲Handaeap Station shopping street in Ansan ▲Haengbok-ro alley-type shopping street in Uijeongbu ▲and Gungpyeong Port Haeoreum Fisheries Market in Hwaseong.
In particular, Gyeonggi Province studied examples such as the Netherlands' Market Hall and Albert Cuyp Market, France's Marche des Enfants Rouges, Marche de Passy, and Marche Saint Quentin, as well as Spain's Mercado Santa Caterina and Mercat de la Boqueria to incorporate European sensibilities into these commercial districts.
These will be benchmarked and applied appropriately according to the conditions of the Gyeonggi Province commercial districts.
This project is being promoted in a form where local public institutions, rather than the private sector, directly carry out the project, aiming to create a model that allows for more professional and sustainable management while securing both expertise and transparency.
Earlier, in the public contest held in April, nine commercial districts from eight cities and counties participated in the evaluation as candidates for the innovation model establishment.
Gyeonggi Province conducted a comprehensive evaluation of these applicant commercial districts based on factors such as current commercial status, feasibility (location), project plans, expected effects, and implementation capabilities to select the final sites.
Kim Haeng-seok, Director of Small Business at Gyeonggi Province, said, "This project is the first in Korea to introduce advanced European cases to build an innovation model to enhance the competitiveness of traditional markets in Gyeonggi Province. Through this, Gyeonggi's traditional markets and shopping streets will be led by Gyeonggi Province to become landmarks representing Korea."
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