Development Background
Building entrepreneurship and cultural industry ecosystem foundation in Changdong area through anchor facility construction via proactive public investment, utilizing transit parking lot as leading project site for Changdong-Sanggye area
Vision and Goals
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Creating economic vitality and improving physical environment through job creation and cultural infrastructure expansion in Changdong-Sanggye area, northeastern Seoul's metropolitan center
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Fostering as new advanced technology and cultural industry hub alongside 'Seoul Arena' through startup support, cultural industry attraction, and living support facilities expansion
Project Overview
| Location | 1-28 Changdong, Dobong-gu (10,746.3㎡) |
|---|---|
| Scale | 7 underground - 49 above-ground floors, Total floor area: 143,533㎡ |
| Usage | Commercial/cultural facilities (27,739㎡), officetels (792 units), office facilities (46,209㎡), public parking (267 spaces) |
| Project Period | ’17.09 ~ ’23.07. |
| Operator | Changdong Urban Regeneration REITs |
Implementation Timeline
| Transferred transit parking lot property and established project plan | ’17.04. |
| Designated urban development district and announced development plan (Designated SH as project operator) | ’17.09. |
| Approved and announced implementation plan | ’18.11. |
| Issued building permit and commenced construction (※ Held groundbreaking ceremony on September 18, 2019) | ’19.05.~11. |
| Approved and announced implementation plan modification | ’22.01. |
| Completed construction | ’23.07. |
| Began rental operation and occupancy | ’23.08.~ |