LH, passes the nation's first comprehensive review of the street housing maintenance project in the Seoksu Station area, Geumcheon-gu, Seoul

Korea Land and Housing Corporation (LH) announced on the 29th that the street housing maintenance project in the Seoksu Station area in Geumcheon-gu, Seoul became the first case in the country to pass integrated review by establishing management and construction plans in parallel.

The district consists of three areas: the area around Cheonrok Villa in Siheung-dong (A1), the area around 972 Siheung-dong (A2), and the area around 973 and 974 Siheung-dong (A3). A total of 586 households will be supplied in an area of ​​approximately 24,000 m2.

In normal procedures, the management plan and construction plan are reviewed sequentially, but by applying the parallel establishment method proposed by LH to the Seoul Metropolitan Government and the union, the project period was shortened by 16 months compared to the previous project.

In this project, LH applied the architectural agreement-type integrated development method to secure a stable business foundation by integrating and jointly implementing the small maintenance management areas of the three cooperatives.

The same construction company was selected for all three zones to unify the construction period and increase efficiency, and the underground integrated parking lot and common facilities will be developed together as a single complex. Improvements to living infrastructure, including infrastructure and shared use facilities, are also being promoted.

After passing the deliberation, LH plans to proceed with sales to union members within the year, and begin construction in 2028 after relocation and demolition next year.

An LH official said, "The passage of this integrated review is the first case confirming that the licensing period can be shortened even for small-scale redevelopment projects. We will actively introduce parallel licensing procedures and expanded funding support to small-scale redevelopment projects nationwide to speed up the supply of urban housing."