Five Urban Regeneration New Deal Project Sites in Gyeonggi Province Confirmed, Including Yongin's Singal Intersection Area

[Suwon Ilbo=Park No-hoon] Five sites across five cities in Gyeonggi Province, including Singal-dong in Yongin City, have been confirmed as target areas for urban regeneration new deal projects aimed at revitalizing underdeveloped regions.

According to the province on the 3rd, the government on the 3rd selected 47 sites nationwide, including 5 from Gyeonggi Province, as final targets for urban regeneration new deal projects at the 24th Urban Regeneration Special Committee (chaired by Prime Minister Jeong Se-gyun).

The five selected sites are ▲Our Neighborhood Revitalization 1 site: Pyeongtak City (Sinjang-dong) ▲Residential Support 1 site: Osan City (Gwol-dong) ▲General Neighborhood 3 sites: Gunpo City (Dangdong), Yongin City (Singal-dong), Hwaseong City (Sakang-ri).

These regions will receive a total of 43 billion won in national funding.

As a result, Gyeonggi Province has had 7 sites selected as project targets this year, including 2 from the central call for projects in the first phase and 5 from this regional call, bringing the total to 41 sites where urban regeneration new deal projects can proceed, including 8 in 2017, 9 in 2018, and 17 in 2019, the most in the nation.

Additionally, nine sites are participating in the second phase central call for projects for urban regeneration new deal, which has been accepting applications since the 12th, and if finally selected in December, Gyeonggi Province's new deal projects for 2020 are expected to expand significantly.

The central call selects project sites directly by the Ministry of Land, Infrastructure and Transport, focusing on city centers and economic base types, using innovation districts, overall project management, and recognized project methods. The regional call focuses on small and medium-sized projects such as general neighborhoods and residential areas, with cities and provinces selecting sites, followed by government finalization after assessing feasibility.

Examining the project details of the five selected sites, Sinjang-dong in Pyeongtak City will push forward the creation of urban regeneration hub facilities to strengthen welfare services for the elderly, children, and youth, support for home repairs in aging houses, and infrastructure improvement projects such as alleyways and parks.

Gwol-dong in Osan City includes creating urban regeneration harmony hubs, support for home repairs in aging houses, community activation through region-tailored programs, green remodeling projects of public buildings, and improvement projects for main living streets and alleyway environments.

Dangdong in Gunpo City plans to create the Sangseong Dream Plaza, a multi-purpose community hub with urban regeneration harmony platforms and cooperative shops, the Dangmal Multipark for parks and public parking facilities, and pedestrian environment improvement projects to enhance pedestrian rights for mobility-impaired individuals.

Singal-dong in Yongin City will create vitality hubs through the establishment of sharing platforms and cooperation centers, and plans to push forward main street improvement projects for commercial activation in the Singal Intersection area.

In particular, smart urban regeneration incorporating smart digital technologies such as artificial intelligence (AI) parking guidance and e-mobility has been included in the project plan.

Sakang-ri in Hwaseong City will promote home repair support, slate roof improvement projects, and the creation of a village harmony center to improve residential environments, and will seek to activate alleyway commerce through the creation of the Songsan Ribbon Center and pedestrian street improvement projects.

Gyeonggi Province establishes special accounts for urban regeneration exceeding 14 billion won annually to secure funding for urban regeneration projects and supports project planning and design costs to encourage municipal participation and expansion in urban regeneration projects.

Additionally, the province is implementing annual project execution costs for the 36 urban regeneration new deal projects in 16 cities previously selected in accordance with year-by-year plans and conducting monthly monitoring of project progress.

Hong Ji-sun, Director of Urban Housing at Gyeonggi Province, said "We will not spare administrative and financial support in promoting urban regeneration projects to improve the quality of life of residents in inner-city areas" and added "As the number of sites selected for urban regeneration new deal projects increases, we will thoroughly manage project implementation to enhance residents' sense of benefit."