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Magok District R&D DP2·3, D22, D25, Magok-dong, Gangseo-gu

Lot area: 176,707m²

Gross area: 1,108,603m²

2012-2020: A total of KRW 3,749.1 billion

(Unit: KRW million)

10 affiliates of LG Group, including LG Electronics, will be housed in the park

Tenant businesses:LG Electronics, LG Chem, LG Innotek, LG Life Sciences, LG Display, LG Hausys, LG U+, LG Household & Health Care, LG CNS, Serveone

Increasing production: KRW 31.6 trillion

Generating added value: KRW 10 trillion

Creating jobs: 1.12 million people

2014. Oct: Starting construction

The second half of 2017: Expected primary move-in

2020: Completion and the expected secondary move-in

Magok Management Bureau, Magok Business Division

Area near Yangjae-dong, Seocho-gu

Site of the grain wholesale market (Lot area: 32,094㎡)

※ Estimating the area and assessing the functions of the facilities which will be housed in by developing practical strategies in 2016

Expected to be decided after the methods of development are confirmed in 2017

(Unit: KRW million)

Support for the expansion of R&D facilities by creation of a management plan according to urban planning tailored to the specifics of the site.

Making the supporting plan after designating the particular development district or specialized district.

Building the anchor facilities for R&D, including leasing areas at a discount using city land.

Increasing the vitality of the local economy by reinvigorating the self-sustainable ecosystem of the research institutes cluster.

Attracting top domestic and overseas companies/institutes/talents.

Creating more jobs at the R&D centers and other jobs through company growth.

Economic Planning Headquarters, Economic Policy Division, Urban Planning Bureau, Urban Planning Division

117-3, Hoegi-ro, Dongdaemun-gu, the former Korea Rural Economic Institute (KREI)

Lot area: 21,937㎡

Gross area of facilities: three buildings, a total of 7,989㎡

(2015-2017) a total of KRW 17.4 billion (※operating costs separated)

(Unit: KRW million)

Creation of the biomedical R&D hub and expansion of the facilities in the Hongneung region into three phases (Dot-Line-Area)

• PhaseⅠ(Dot): Utilizing the researchers of the KREI, creating the biomedical R&D hub (2015-2017)

• Supports: offering the area at a cheaper rate, permits for public equipment, support for research, protection for the IP, foreign investment, industry-academic cooperation

• PhaseⅡ (Line): Forming the Biomedical R&D street in the Hoegi-ro (from 2017)

• Phase Ⅲ (Area): Forming affiliates institutions (universities, hospitals, companies, research institutes) and Biomedical R&D cluster

※ Providing support for company clusters by promoting the designation of the Hongneung Biomedical Specialized District: Jan. 2016

Creating quality jobs by forming the Hongneung innovative Biomedical R&D cluster.

Facilitating transitional research through the association between research centers in the Hongneung District and hospitals, revitalizing technology commercialization.

Creation of the Hongneung Biomedical R&D hub: From January, 2016 to the first half of 2017.

Formation of the Hongneung Science Culture Creative Street and designation of the specialized development district: Beginning January, 2016

Economic Planning Headquarters, Regional Industry Clusters Development Division

416(Gaepo-dong) Gaepo-ro, Gangnam-gu

Lot area: 16,077.9㎡

Facilities: Three buildings (New, Main, Gym) 6,178.85㎡

A total of KRW 12,525,000,000

(Unit: KRW million)

Creation of the 24-hour public space dedicated to the establishment of a creative ICT ecosystem by utilizing the site of the former Japanese school in Gaepo-dong (renovation of the existing facilities)

Creating a new growth engine through the convergence of various fields related to ICT and fostering creative talents.

2015. 12-2016.9: Recruiting and selecting tenants (institutions, businesses)

2015. 12-2016.9: Ordering the renovation and implementation.

2016. 9: Opening the facilities.

Economic Planning Headquarters, Digital Industry Division

Area near 167 Gangnam-gu and 10 Jamsil-dong, Songpa-gu

Appr. 720,000㎡ (Planned area: Appr. 1,660,000㎡)

A total of KRW 1,509,027,000,000

• COEX: the hub for international conventions

• Site of Hyundai Motor Group GBT: Global business and MICE complex

• Jamsil Sports Complex: Multi-purpose space including sports, culture, entertainment, exhibits, and conventions

• Han River and riverside: Waterfront and green space for citizens’ enjoyment

• Underground of the Yeongdong Bridge: Establishment of transport networks and integrated transfer system

• Seoul Medical Center and former Korean Appraisal Board: Space for the International and MICE complex, multi-purpose facilities for underprivileged citizens

Establishment of a space where the city can strengthen its competitiveness by reinforcing the functions of MICE global businesses.

Creation of globally renowned places by forming a public space in the Han River area and making networks between regions.

Enhancement of accessibility by building a transportation system centered on public transportation.

2014-2023

Urban Renewal Headquarters, Southeast Region Development Bureau

Sangam-dong Housing Site Development District (Sangam-dong area)

569,925㎡ (33.6% of 1,697,888㎡of Sangam-dong Housing Site Development District)

Business Area: 335,655.4㎡, Public Area: 234,269.6㎡

A total of KRW 1,547,241,000,000

(Unit: KRW million)

Offering a site for the creation of the world’s best digital media industry cluster.

• Target industry: Digital media entertainment (M&E) businesses, including broadcasting, movies, games, and IT.

Fostering the M&E industry cluster and managing the leading companies.

Forming DMS to invigorate DMC, culture, and networks between the tenant businesses.

Creating world-class digital media and entertainment clusters led by digital technologies and media businesses.

News media and media related companies: 13, IT companies: 9, Public facilities: 16, Hotels and other facilities: 10

Expected to officially announce the site of landmarks, educational facilities, and state-of-the-art offices in the first half of 2016.

Economic Planning Headquarters, Regional Industry Clusters Development Division

Guro-dong, Guro-gu & Gasan-dong, Geumcheon-gu, Seoul

1,922,000㎡– Tenant Businesses: 9,623 (107 Knowledge Industry Centers)

* ComplexⅠ(446,280㎡), ComplexⅡ(386,776㎡), ComplexⅢ (1,087,603㎡)

A total of KRW 243,851,000,000

Developing the industry through the convergence of industries and companies via IoT.

Making a G-Valley investment fund for companies.

Hosting the SME Fair (Expanding G-Fair).

Improving the industrial infrastructure, including housing, child care, roads, and transportation system.

Improving the image of G-Valley and its brand.

Strengthening the industrial competitiveness by improving the business environment of G-Valley.

Creating jobs by enhancing its image and branding as a cutting edge industrial cluster where youth gather.

2016.1 -2016.3: Make a business plan according to the types of business

2016.2 -: Establish the businesses

2016. 6/ 2016. 12: half-yearly review and assessment on each business unit

Economic Planning Headquarters, Regional Industry Clusters Development Division

Area near Chang-dong, Dobong-gu, and Sanggyeo-dong, Nowon-gu

• Chang-dong transfer parking lot, site of culture and sports facilities, NHHanaro Club, Chang-dong Garage, Dobong License Test Center

970,000㎡ (large-scale area: 380,000㎡ /Jungnangcheon: 190,000㎡ / existing industrial district: 400,000㎡)

A total of KRW 996.13 billion

• Phase Ⅰ: site available in short-term – booming the development through leading industries.

• Site of transfer parking lot: Creating “Platform Changdong 61” for booming businesses, building facilities for startups, culture and arts in 2017.

• Site of culture and sports facilities: Building a cultural complex, “Seoul Arena,” a private investment project.

• Phase Ⅱ: Core businesses including the development of Garage.

Creation of 1,000 startups ⇒ 80,000 jobs (direct employment: 42,000)

Improvement of cultural infra and city view ⇒ Enhancement of the quality of life

Introduction of various functions to the metropolitan area and increase in the confidence of local residents ⇒ Contribution to achieving the balanced growth of Seoul

Seoul Arena and Culture and Arts Hub: Beginning of construction at the end of 2017, Opening in February, 2021.

Relocation of Chang-dong Garage and the license test center: Expected to be completed at the end of 2017, developed after 2012

Building Metropolitan Complex Transfer Center, the reconstruction of the Dongbu Expressway, KTX extension: After 2022

Urban Regeneration Headquarter, Northeast Region Development Bureau, Northeast Region Development Division

PhaseⅠ: Jongmyo-Sewoon Sangga area (Sewoon·Cheonggyeo·Daelim)

PhaseⅡ: Sewoon Sangga area (Sampoong·Poonggeon·Sinseong·Jinyang)-Namsan

Section of PhaseⅠ: 50-55m in width, L=420m

Section of PhaseⅡ: Appr. 50-55m in width, L=450m

Expenses of Section of PhaseⅠ: KRW 38.6 billion

Expenses of Section of PhaseⅡ: After feasibility test of 2016 and public opinion assessment (2016-2019)

(Walk regeneration) Restoring the value of a multi-dimensional city, reconnecting the pedestrian bridge

• Revitalizing Sewoon Plaza, pedestrian bridge, deck, and platform cell

(Industry regeneration) Serving as the center of the creative manufacturing industry in the city

• Establishing Sewoon Cooperation Support Center, Operating Sewoon Living Lab, Attracting strategic institutions

(People regeneration) Restoring the leading role in the development

• Hosting the Again Sewoon Citizen Conference, strengthening local resident capacity through the Residents’ Community Project

Revitalizing the city’s culture tourism industry by creating the dynamic walk system.

Laying the ground for the restoration of Sewoon Sangga by offering a picturesque city view from Jongmyo to Namsan and advertising the city’s landscape.

2016. 2: Beginning of construction for the public space

2016. 10: Completion of Again Sewoon Plaza

2016. 11: Building Sewoon Cooperation Support Center

2017. 5: Completion of the public space (maintenance of the deck)

Urban Regeneration Headquarters, Historic City Center Regeneration Division

Toegye-ro 20 gil and Sopa-ro, Jung-gu

• Seoul Animation Center: 126, 130 Sopa-ro, Jung-gu (Yeojang-dong 8-20, 8-145)

Total square: 100,000㎡

Reconstruction of Seoul Animation Center

• Lot area: 8,367㎡

• Gross area: 21,000㎡ (three stories above ground, three stories underground)

A total of KRW 84,262,000,000

(Unit: KRW million)

Reconstruction of Seoul Animation Center for the anchor facilities of the Animation town.

Boosting the tourism industry around Seoul’s Cartoon Street, where visitors experience cultural works.

Creating the clusters for the “imagination industries,” which are based on cultural content.

Supporting cultural content businesses and attracting a large number of visitors to the region

• Support 150 companies, 5 million visitors annually

Reinvigorating the tourist attractions in Myeong-dong and Namsan by adding cultural content.

2016. 3 -2017. 1: Basic and working design

2017. 5 -2018. 6: Implementation of reconstruction of the Seoul Animation Center

2018. 7: Opening of the Seoul Animation Center

Economic Planning Headquarters, Cultural Convergence Economy Division

Seoul Station Overpass (Toegye-ro in Jung-gu, Gwanghui-dong 2ga – Bongrae-dong 2ga)

656 flower pots every season, 20 facilities, including cafes and libraries, 4 observatories on the 1-kilometer (939 m) overpass

Connecting path to Seoul Station Plaza, Seoul City Wall, Jungnim-dong, Hoehyeon Station, and nearby buildings.

A total of KRW 38 billion

(Unit: KRW million)

• Restoring the old overpass, which is nonfunctional for cars, into a pedestrian walkway and boosting the economy around the area

• Actively supporting the revitalization of the local economy, such as Namdaemun Market, the sewing industry, and the Yeomcheon Shoe Street

• Implementing regeneration projects specifically designed for regions harnessing cultural resources around Seoul Station

Boosting the vitality of the old area around Seoul Station by attracting visitors and invigorating the local economy.

Turning Seoul into a “Walk-friendly City,” leading the culture of walking in the city.

Forming green areas by connecting nearby parks including Namsan, the Seoul City Wall, and Inwangsan Mountain.

Transforming landmarks into tourist attractions using the cultural resources of the regions around Seoul Station.

2015. 12: Closing of the Seoul Station Overpass

2015. 12 ~ 2016. 4: Demolition of the span of the overpass

2016. 3: Repair and reinforcement of the overpass and beginning of landscaping

2016. 6: Beginning of construction

2017. 4: Opening to the public

Seoul Station Area Development Planning Bureau

San 53-1 Seongsan-dong, Mapo-gu

140,022㎡ (Park: 101,510㎡, Temporary parking lot 35,212㎡, Approaching path: 3,300㎡)

A total of KRW 41,253,000,000

(Unit: KRW million)

Restoring the “industrial legacy and the land of the Mapo Oil Reserve Base, a forgotten place,” into an eco-friendly environmental/cultural space which will represent the Green City of Seoul.

• Providing the successful regeneration cases of maximizing the industrial legacy by developing the brand and content, thereby boosting the governance required to attract citizens’ participation in the operation and creating jobs

• Creating jobs (total 47,300 people): Construction jobs for 40,000 people (1205.12.30 -, for 14 months), annul maintenance: 7,300 people (20 people per day)

2014. 10 – 2015. 12: Basic and working design

2016. 1 – 2017. 4: Implementation of construction

2017. 4: Completion

Green Seoul Bureau, Park Creation Division