The Ministry of Land, Infrastructure and Transport and Busan Metropolitan City announced on the 12th that they have selected 7,318 households in the Hwamyeong-Geumgok and Haeundae districts of Busan as leading districts for the renovation of aging planned cities. This includes 2,624 households in 12 zones of the Hwamyeong-Geumgok district (Kolon Sky 1st and 2nd) and 4,694 households in 2 zones of the Haeundae district (Doosan 1st, LG, Daelim 1st).
This is the first case of renovating aging planned cities in local areas since the selection of 37,000 households in five first-phase new towns last year. The Ministry of Land, Infrastructure and Transport plans to actively support the future project procedures, such as designating special renovation zones and approving project implementation plans, by establishing the Busan Future City Support Center in the first half of next year.
In addition, the Ministry and Busan City plan to jointly manage housing supply meticulously to support stable relocation without causing instability in the rental market during the renovation process. Meanwhile, Daejeon and Incheon are also actively pursuing the selection of leading districts.
Daejeon started the public viewing of the basic plan (draft) for 7,500 households in the Dunsan district and 3,000 households in the Songchon, Jungri, and Beopdong districts on the 28th of last month, along with the selection of leading districts. Incheon began the public viewing of the basic plan (draft) for 6,300 households in the Yeonsu and Seonhak districts, 2,700 households in the Guwol district, 2,400 households in the Gyesan district, 1,650 households in the Galsan, Bupyeong, and Bugae districts, and 2,550 households in the Mansu 1, 2, and 3 districts on the 8th and will start the selection of leading districts on the 15th.