181 public rental housing units to be built on former market site in Garibong, Seoul

[Financial News] A complex with 181 public rental housing units, a public parking lot and a youth center will be built on the site of the former market in Garibong, Seoul. The site is about 500 meters from Gasan Digital Complex station on Subway Lines 1 and 7, adjacent to the Seoul Digital National Industrial Complex and Garibong Market.
The Seoul Metropolitan Government said on the 11th that the 5th Public Housing Integrated Deliberation Committee conditionally approved on the 10th an amendment to the housing construction project plan for the “Garibong Former Market Site Mixed-Use Development Project (around 126-40 Garibong-dong, Guro District).”
The building will have three basement levels and 13 aboveground floors, with a total floor area of 17,982 square meters. It will provide 181 integrated public rental housing units. The basement levels 1 through 3 will house a public parking lot with 166 spaces, while the lower floors will include a youth center, a customer support center for Garibong Market and public restrooms.
The change to the project plan increases the number of integrated public rental housing units from 174 to 181.
The modular construction method originally planned for part of the residential building was changed to reinforced-concrete (RC) construction, taking into account the appropriateness of project costs and long-term maintenance, among other factors. The change in construction method lowered the floor-to-floor height from 3.0 meters to 2.9 meters, allowing one additional floor to be added within the height limit.
Local amenities were reconfigured to reflect the area's characteristics, including its high proportion of young people. The youth center will be expanded from 317 square meters to 503 square meters, about 1.6 times its current size. 
The 166-space public parking lot being built on basement levels 1 through 3 will improve parking convenience for the area. The customer support center for Garibong Market and public restrooms on the first floor are expected to make visits more convenient for marketgoers and merchants.
The Seoul Metropolitan Government plans to move the project forward swiftly, with construction scheduled to begin in 2027 and completion targeted for 2030, following approval of the amendment to the housing construction project plan. Myeong No-jun, head of the Seoul Metropolitan Government's Housing Office, said, “We will carry out the project without a hitch so that it can help stabilize housing for young people and provide tangible benefits to local residents and the traditional market as well.”

[email protected] Kwon Jun-ho Reporter