[1st New Town Redevelopment] Pilot Zone Selection and the Task of Successful Urban Rebirth (Part 2)

                                     

       

[1st New Town Redevelopment: Pilot Zone Selection and the Task of Successful Urban Rebirth (Part 2)]

       

In Part 1, we looked at how the enactment of the 'Special Act on Redevelopment and Support for Deteriorated Planned Cities' laid the groundwork for the redevelopment of the 1st New Towns. Now, the process of selecting the 'pilot zones' that will lead the actual projects based on this legal foundation has come to an end. In Part 2, we take an in-depth look at the process and results of how the pilot zones were selected amid fierce competition, as well as the practical challenges we must overcome together for a successful urban rebirth, including securing project feasibility, preparing migration plans, and managing resident conflicts.

   

   

1st New Towns, A Quest for the City's Future: Pilot Zone Selection and Future Tasks (Part 2)

   

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1. The Fierce Competition of the 1st New Town Pilot Zone Selection Process

   

Pilot zone selection was not based solely on the age of the housing. According to the 'Pilot Zone Selection Criteria' announced by the Ministry of Land, Infrastructure and Transport, the rate of resident consent was one of the most critical evaluation indicators. This was because the government determined that the voluntary participation and strong will of the residents were the key to the success of the project. In addition to this, the possibility of improving urban functions, connectivity with surrounding areas, and the feasibility of the project were also comprehensively evaluated.

              

   

         

1.1. The Importance of a High Rate of Resident Consent

   

In particular, since unprecedented benefits such as an increase in floor area ratio were to be given, the formation of a consensus and a united voice among residents was important. A high rate of resident consent reduces the uncertainty of project progression and allows administrative procedures to proceed smoothly. Therefore, in each region, residents' voluntary efforts and promotional activities were actively carried out to increase the rate of consent.

   

1.2. Final Selection Results

   

Through this process, a total of 13 zones within the 1st New Towns, comprising approximately 36,000 households, were finally selected as pilot zones.

   

       
• Bundang: 4 zones, including Saetbyeol Village and Hansol Village
       
• Ilsan: 3 zones, including Baeksong Village and Gangchon Village
       
• Pyeongchon: 3 zones, including Kkummauel Geumho
       
• Sanbon: 1 zone, including Halla Jugong
       
• Jungdong: 2 zones, including Bandal A and Eunha
   

   

Each selected pilot zone will establish a customized development plan that reflects the characteristics of the area and the needs of its residents.

        

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2. Pilot Zone Projects: Expectations and Practical Challenges for the Future City

   

The selection of pilot zones is a significant first step for the 1st New Town redevelopment project. However, there are still many practical challenges that must be solved for a successful urban rebirth.

   

2.1. Securing Project Feasibility and Resident Burden

   

Despite incentives like an increased floor area ratio, securing project feasibility remains an important challenge due to high construction costs and uncertain market conditions. Additionally, minimizing and transparently managing the additional financial burden on residents is essential for preventing resident conflicts and maintaining project momentum.

   

2.2. Establishing Migration Plans

   

It is important to stably manage the migration demand that will occur as large-scale redevelopment projects proceed. The systematic establishment of a plan is urgently needed to prevent instability in the local rental market and to ensure the residential stability of residents who must move.

   

2.3. Managing Resident Conflicts and Communication

   

While the unified front shown by residents during the pilot zone selection process is important, conflicts can arise during the actual project due to various interests and differences in opinion. The government, local authorities, and project managers must establish continuous communication channels with residents and minimize conflicts through transparent and fair procedures.

   

2.4. Redeveloping Infrastructure and Urban Functions

   

Beyond simply improving the residential environment, infrastructure such as transportation, education, culture, and healthcare must be redeveloped to match changing demographics and lifestyles. Smart city technology should also be introduced to upgrade the overall function of the city.

   

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3. Conclusion: A Sustainable Future City We Build Together

   

The 1st New Town pilot zone project is a crucial undertaking that goes beyond simple residential reconstruction to present a new model for urban development in South Korea. The enactment of the special act and the selection of pilot zones are certainly positive starting points, but to achieve a successful outcome, the constant cooperation and wisdom of the government, local authorities, residents, and various market participants are necessary.

   

By solving the immediate challenges through transparent information disclosure, continuous communication, and a long-term perspective, the 1st New Towns can once again set a new standard for Korean cities and stand tall as sustainable cities of the future, just as they did 30 years ago.

   

        Key Summary:
        The 1st New Town pilot zone project has taken a successful first step based on resident consent, but it faces various practical challenges, including securing project feasibility, preparing migration plans, managing resident conflicts, and redeveloping urban functions. It must be reborn as a sustainable future city through close cooperation between the government, local authorities, and residents.    

   

       

▶Expand Reference Materials◀

       

           
1. Ministry of Land, Infrastructure and Transport Press Release (Regarding 1st New Town Pilot Zone Selection)
           
2. Seoul Economic Daily, "1st New Town Pilot Zones, Resident Consent Determines Success or Failure"
           
3. Hankyung, "1st New Town Redevelopment, Migration Plan is the Key... 'Jeonse-rent Crisis' Concerns"
           
4. Maeil Business Newspaper, "Controversy over Pilot Zone Project Feasibility Spreading... Excessive Land Donations Need Re-examination"
           
5. Seongnam City Hall Official Website (Regarding Urban Redevelopment Projects)
           
6. Goyang City Hall Official Website (Regarding Urban Regeneration Projects)
           
7. Anyang City Hall Official Website (Regarding Pyeongchon New Town Pilot Zone)
           
8. Gunpo City Hall Official Website (Regarding Urban Redevelopment Projects)
           
9. Bucheon City Hall Official Website (Regarding Jungdong New Town Pilot Zone)
       

   

   

       

The content of this blog is for informational purposes only and is not a basis for investment decisions. Investment decisions should be made at the individual's own discretion and risk. Under no circumstances can the information on this blog be used as legal proof for investment outcomes.