Business · Companies · 5 hrs ago

645-home complex proposed for former E-Mart site in Seoul

645-home complex proposed for former E-Mart site in Seoul

A 27-storey complex with 645 homes is planned for the former E-Mart site in Gayang-dong, in Seoul’s Gangseo district.

The proposal changes an earlier plan to build a knowledge-industry center on the site.

The complex would combine homes with commercial space.

The shift is part of a wider trend, as large retail and factory sites in Gayang, Deungchon and Yeomchang are being considered for housing.

Seoul has eased rules to allow apartment floor area ratios of up to 400% in semi-industrial zones, making more housing possible on these sites.

The project is being pursued by Gangseo district, but the available details do not say when construction might begin.

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