Urban Development Business

New Town Project

  • It was quite a challenge for a local public enterprise to be a principal agent leading a new town develop project which used to be overseen by the central government.
  • The new town development project requires a very extensive plan to develop a sphere of culture and living area by going beyond mere creation of housing space.
  • The corporation is now overseeing balanced developments throughout 31 cities and Guns by constructing social infrastructure, living convenience and public facilities, and also performs a leading role in reorganization of urban spatial structure ensuring job-housing proximity.

Geumto, Seongnam (Pangyo 3)

Project Operator: Gyeonggi-do, Seongnam-si, GH, LH
Location
Whole area of Geumto-dong, Sujeong-gu, Seongnam-si
Project Period
2018 ~ 2024
Project Area
583,000㎡
Household
Capacity/Population
3,671 units/8,776 people
Goal
Development of advanced/future industry in conjunction with Pangyo 1/2TV, and contribution to housing welfare for residents

Gwangmyeong Hagon District

Location
Whole area of Gahak-dong, Gwangmyeong-si
Project Period
2020 ~ 2026
Project Area
683,000㎡
Household
Capacity/Population
5,007 units/10,795 people
Goal
Provision of moving housing complex for native residents in Gwangmyeong Siheung TV, and residential environment with job-housing proximity for businesspeople