Seongnam City promotes youth housing in Pangyo Hwansang Park… Resident information session on the 19th

Seongnam City, Gyeonggi Province, announced on the 12th that it has decided to promote the construction of youth housing on part of the site of the Hwansang Children's Park in Sampyeong-dong, Pangyo, and will hold a resident information session at the Sampyeong-dong Administrative Welfare Center at 7 p.m. on the 19th.

The city plans to explain the background of the project, construction plan, occupancy qualifications, etc. and listen to on-site opinions. An online survey will also be conducted until the 22nd.

The project site is 2,800 m2 (approximately 40%) of the 6,959 m2 Hwansang Children’s Park at 626 Sampyeong-dong.

The city plans to spend a total project cost of 47 billion won to build 150 youth rental housing units with one underground floor and eight above-ground floors and an exclusive area of ​​about 26㎡.

The goal is to begin construction as early as 2029 and complete in 2031 by following administrative procedures starting next year.

The site in question was initially planned for the creation of an 'e-sports stadium' through a public offering by Gyeonggi Province, but was canceled in 2023 due to increased project costs. It is located 700 to 800 meters away from the nearby residential complex in a straight line.

Previously, the city had promoted the construction of youth housing with 646 households in the nearby Botdeul Reservoir in Sampyeong-dong, but withdrew the project in February after encountering opposition from residents.

A city official said, "This is being promoted to alleviate housing costs for young people, and we will publicize the main details of the project and listen to opinions on the field."