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Seoul Accelerates Plan for 310,000 New Homes; Vice Mayor to Directly Oversee Redevelopment Projects

Seoul Accelerates Plan for 310,000 New Homes; Vice Mayor to Directly Oversee Redevelopment Projects
▲ Eunma Apartment in Daechi-dong, Gangnam-gu, Seoul, which is currently undergoing reconstruction.

The Seoul Metropolitan Government is elevating the oversight of redevelopment and reconstruction projects to the vice-mayor level to accelerate progress and meet its goal of breaking ground on 310,000 housing units by 2031.
Seoul City is holding a Special Progress Promotion Meeting today, presided over by Kim Seong-bo, Vice Mayor for Administrative Affairs II, to review the status of urban renewal projects with officials from the city's 25 autonomous districts.
This meeting marks the first session since the city upgraded the position of Chief Progress Promotion Officer from the Director of Architectural Planning to the Vice Mayor for Administrative Affairs II.
The city aims to further strengthen its project management system to achieve its core housing supply goal for the 9th elected administration: breaking ground on 310,000 units by 2031.
Since announcing its Housing Supply Promotion Plan in July last year, the city has held 17 working-level progress promotion meetings.
The city manages urban renewal zones by categorizing them based on standard processing timelines: Grade A for projects moving faster than expected, Grade B for those proceeding normally, and Grade C for those experiencing delays.
According to the city, recent assessments show positive results, with the number of Grade C (delayed) zones decreasing by 20%, while Grade A (fast-tracked) and Grade B (normal) zones have increased by 9% and 11%, respectively.
During today's meeting, officials will review the status of redevelopment and reconstruction projects in each district and discuss measures to recover schedules in zones delayed by factors such as slow licensing or conflicts among residents.
The city believes that expediting district-level licensing procedures, such as project implementation plans and management and disposal plans, is essential to advancing construction start dates. Consequently, the meeting will focus on cooperation strategies with each autonomous district.
Furthermore, the city plans to discuss ways to enhance the expertise of officials in charge of urban renewal and is considering linking project performance evaluations with financial incentives to support the districts' efforts in promoting progress.
Seoul City intends to discuss recovery measures with the districts every month and work together to find solutions for project sites stalled by resident disputes or complex administrative procedures.
"Progress management for urban renewal must serve as a powerful tool for the city, districts, and project stakeholders to communicate and remove obstacles," said Vice Mayor Kim Seong-bo. "I will personally preside over these monthly meetings to ensure we reach our goal of breaking ground on 310,000 homes by 2031."
(Photo: Yonhap News)
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