Icheon City to Establish Free Public Open Parking Lot on Idle Land Owned by Icheon Agricultural Cooperative in Jungri-dong

110 Spaces to Open Free of Charge Starting February Next Year

A free public open parking lot with 110 spaces will be established on idle land owned by the Icheon Agricultural Cooperative in Jungri-dong, Icheon City, Gyeonggi Province.

On the 18th, Icheon City held a ceremony to sign an agreement with the Icheon Agricultural Cooperative for the creation and operation of a public open parking lot at 496-12 Jungri-dong. A public open parking lot is a parking facility created by utilizing privately owned idle spaces to alleviate parking shortages in residential or commercial areas.

At the public open parking lot business agreement ceremony held at Icheon City Hall on the 18th, Mayor Kyunghee Kim of Icheon (sixth from the right) and other attendees are posing for a commemorative photo. Provided by Icheon City

Under the agreement, the city and the Icheon Agricultural Cooperative will develop a public open parking lot with 110 spaces on a 3,384-square-meter site in the area by February next year, and it will be open to citizens free of charge for a certain period.

The planned parking lot site is located right next to the Jungri Housing District, where large apartment complexes and commercial facilities are concentrated nearby. In particular, as residents are scheduled to begin moving into the Jungri District apartments in earnest from February next year, the city has been proactively working to establish a public open parking lot to address the anticipated parking shortage from the early stages of occupancy.

Through this agreement, the Icheon Agricultural Cooperative will be responsible for site preparation, while the city will handle the installation, maintenance, and operation of the parking lot facilities. The agreement is valid until December 2027. By providing the land, the Icheon Agricultural Cooperative will receive property tax reduction benefits in accordance with the Local Tax Act.

An official from Icheon City stated, "Due to rapid urban development, parking issues have become a pressing concern," and added, "We will continue to promote projects to improve the parking environment, such as the creation of public open parking lots, so that citizens can feel the benefits firsthand."