Conflict over eviction from Dongdaegu Terminal store… “Guaranteed goodwill” vs. “Expiration of lease period” (comprehensive)

(Daegu = Yonhap News) Reporter Hwang Soo-bin = The Merchant Countermeasures Committee, comprised of officials from 21 stores within the Dongdaegu Station Complex Transfer Center, held a rally in front of the Daegu City Hall Sangyeok Building on the 9th and demanded, “Daegu City guarantee the business rights of merchants located in terminals within the transfer center.”

The countermeasures committee said, "Korea Wide Terminal, the operator of the terminal, has decided to reduce the size of the bus terminal and notified merchants in the building to vacate. After the contract ends on December 11, 21 stores on the 1st to 4th floors will have to vacate."

He then said, “Daegu City must disclose data on the approval of changes to the development implementation plan submitted by Shinsegae Dongdaegu Complex Transfer Center Co., Ltd. in order to reduce the operation of the bus stop.”

In response to this, Korea Wide explained, "The terminal operating deficit exceeds 10 billion won due to the impact of the coronavirus, etc.," and "The shopping malls in the terminal signed a sublease agreement 10 years ago, and the lease period will normally expire in December of this year."

He added, “After receiving services from the Transportation Research Institute, Daegu City released part of the terminal through urban planning deliberation,” and added, “It was decided to reduce operation through normal procedures.”

Previously, in July of last year, Korea Wide Terminal decided to reduce the size of the bus terminal it was operating by leasing the 1st to 4th floors of the Dongdaegu Station Complex Transfer Center, citing management difficulties and other reasons.

It is reported that plans are being made to return the 4th floor and operate the 1st to 3rd floors as early as the end of this year.