Lee Hyun-jae, Mayor of Hanam City, is taking a commemorative photo after finishing the Camp Colburn urban development project investment briefing held at COEX on the 8th. On the 14th, Lee Hyun-jae, Mayor of Hanam City, visited the Korea Real Estate Development Association and requested "active interest and investment" in the Camp Colbern urban development project, emphasizing its potential as a future-oriented high-tech industry hub based on its strategic location as a transportation nexus with access in all directions.
During a preliminary briefing held that day with Kim Seung-bae, President of the Korea Real Estate Development Association, and representatives from over 40 member companies, Mayor Lee stated, "The Camp Colbern site is adjacent to the Gyo-san New Town, benefiting from excellent residential conditions, and is the best business location near Seoul Gangnam, the largest business center in Korea."
This preliminary briefing was planned to gather opinions from the Korea Real Estate Development Association, which has the greatest interest in real estate development trends, before announcing the recruitment of private developers for Camp Colbern, aiming to lay the groundwork for successful corporate attraction.
Earlier, on the 8th, Hanam City held a 'Camp Colbern Urban Development Project Private Developer Recruitment Preliminary Briefing' at COEX in Seoul, where it collected numerous opinions from major companies and plans to reflect these as much as possible in the recruitment plan.
The Korea Real Estate Development Association, originally established as the Korea Developer Association on January 28, 2005, aims to promote sound and transparent development of real estate projects and improve the rights of developers. It is a statutory organization under the Ministry of Land, Infrastructure and Transport based on Article 29 of the "Act on the Management and Promotion of Real Estate Development Business," enacted on November 18, 2007, representing Korea's real estate development industry.
The Camp Colbern urban development project is an urban development initiative to create a convergence complex to strengthen Hanam City's self-sustaining functions on the approximately 250,000㎡ site of the returned U.S. military base, Camp Colbern, located in the Hasangok-dong area.
At the briefing, Mayor Lee introduced four key features of the Camp Colbern urban development project: ▲ Characteristics of the U.S. Forces Korea returned land project ▲ Optimal transportation accessibility ▲ Sustainable job creation ▲ Ease of compensation due to a high proportion of national land (96%).
Mayor Lee explained, "Camp Colbern is a project subject to support under the Special Act on Support for Areas Surrounding U.S. Forces Korea Returned Land, and it is a transportation hub with five railway lines and five highways passing through it. Hanam City offers various incentives for investment attraction and can establish development plans reflecting corporate needs."
Hanam Urban Corporation presented the main contents of the recruitment plan, envisioning Camp Colbern as a strategic development facility capable of creating self-sustaining facilities such as business and industrial facilities for Hanam City's industrial development and job creation, aiming to attract excellent companies.
Additionally, the main development directions introduced included ▲ Promotion of public-private joint projects focused on actual users ▲ Encouragement of direct use by private developers to activate the site quickly ▲ Provision of incentives (such as one-stop processing support).
During the Q&A session of the business briefing, the Korea Real Estate Development Association also raised various opinions, including ▲ Possibility of changes to the proposed basic plan ▲ Establishment of restoration plans and measures for damaged areas due to the lifting of development restrictions.
Kim Seung-bae, President of the Korea Real Estate Development Association, said, "Although the real estate market is currently facing a crisis, opportunities will surely come after the crisis passes. Hanam City's locational potential is tremendous. I hope the Camp Colbern urban development project will become a new development paradigm for the real estate industry to seize this opportunity."
In response, Mayor Lee Hyun-jae expressed deep gratitude for the high interest shown by the Korea Real Estate Development Association in the Camp Colbern urban development project and emphasized, "Hanam City will incorporate the creative ideas proposed at today's preliminary briefing into the Camp Colbern urban development project to create a future city of Hanam centered on actual users and completed with the voices of companies."
Meanwhile, Hanam City plans to announce a recruitment for private developers to participate in the public-private joint project around the end of October.
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