
AI-generated summary
Daegu City is pursuing a development project on the site of the Daegu Prison in Dalseong-gun, and with the passage of the Ministry of Finance and Economy's national property policy review, full-scale development procedures can now begin.
Daegu City announced on the 8th that the development project for the Daegu Prison site in Dalseong-gun will be promoted in earnest after passing the national property policy review of the Ministry of Finance and Economy.
The Daegu Prison site has a total area of about 104,000 m2, and the development plan reflects Dalseong Arena, apartment complexes for about 500 households, and an urban support facility site of about 16,000 m2.
Dalseong Arena is a complex cultural facility scheduled to be built with an area of approximately 50,000 m2.
We are considering a plan to include a large performance hall with 2,000 to 3,000 seats, an exhibition hall, and a park, and we aim to build it by 2033.
The apartment complex is planned to accommodate approximately 500 households, and a separate development plan will be prepared for the urban support facility site in connection with the overall development plan for the site.
With the passage of this deliberation, the city plans to speed up the development project by discussing with related organizations such as the Korea Land and Housing Corporation (LH) to specify the development plan and review ways to implement related procedures and secure financial resources.
Mayor Choo Kyung-ho said, “We will closely consult with relevant organizations so that the Daegu Prison site can become a new growth base for the region through a development plan that harmonizes Dalseong Arena, apartment complexes, and urban support facilities.”
AI outlook — possibilities, not facts
The development plan will be concreted through consultations between Daegu City and relevant organizations such as Korea Land and Housing Corporation.
Likely · Within months

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