Urban Apartment Reconstruction: Announcement of Changes in Establishment of the Shin Nakmin 3 Small-Scale Redevelopment Maintenance Project
- Area of Nakmin-dong 20-4, Dongnae-gu
The Shin Nakmin 3 small-scale reconstruction maintenance project in Nakmin-dong, Dongnae-gu, Busan, has received approval for changes in the establishment of the association and has officially started the reconstruction process.
This project will be conducted in the area of Nakmin-dong 20-4 where existing urban apartments are located and will apply a floor area ratio of 282.06% on a total site of 4,217㎡, with a planned building rising 2 basement levels and 26 above ground. This will comprise 130 households and community facilities.
Currently, the Shin Nakmin 3 small-scale reconstruction project is underway, and the announcement refers to it as 'small-scale redevelopment', necessitating clarification on whether this is a typographical error or a changed aspect. Future attention on the progress is required.
The reconstruction site is located in a region with excellent transportation accessibility, next to Busan Subway Line 4 Nakmin Station, Chungnyeolsa Station, and Donghae Line Dongnae Station. Public transportation is convenient for easy movement, leading to high demand expectations.
In addition, there are many educational institutions such as Nakmin Elementary School, Anmin Elementary School, Anjin Elementary School, Dongshin Middle School, Haksan Girls' Middle School, Haksan Girls' High School, and Dongnae High School, resulting in strong demand for the educational district. With a well-established educational infrastructure, it is especially likely to appeal to households with children.
The natural environment is also pleasant. Since Ocheon Stream and Suyeong River are nearby, it is easy to access walking paths, and it is expected to have high residential satisfaction. This environment will be attractive to family-oriented residents.
The Shin Nakmin 3 small-scale reconstruction project is expected to commence in September 2025 and aims for completion in April 2031. With the approval of this change in establishment of the association, the procedures for construction plan approval and business implementation license will proceed sequentially. The future development of this area is highly anticipated.
Busan Metropolitan City Dongnae-gu Announcement No. 2025-17
Announcement of Changes in Establishment of the Shin Nakmin 3 Small-Scale Reconstruction Maintenance Project
Regarding the Shin Nakmin 3 small-scale reconstruction maintenance project in Nakmin-dong 20-4, Dongnae-gu, Busan, approval for changes in the establishment of the association is announced in accordance with Article 23, Section 5 of the Special Act on Empty Houses and Small-Scale Housing Maintenance, and it is announced in accordance with Article 23, Section 9 and Article 21-2 of the Enforcement Decree of the same law.
February 19, 2025
Mayor of Dongnae-gu, Busan
1. Type and Name of the Project
a. Type: Small-Scale Reconstruction Maintenance Project
b. Name: Shin Nakmin 3 Small-Scale Reconstruction Maintenance Project
2. Location and Area of the Project Implementation Region
a. Location: Area of Nakmin-dong 20-4, Dongnae-gu, Busan
b. Area: 4,833㎡
3. Expected Start and Completion Dates of the Project
a. Expected Start Date: September 2025
b. Expected Completion Date: April 2031
4. Name of the Association and Office Location
a. Association Name: Shin Nakmin 3 Small-Scale Reconstruction Maintenance Project Association
b. Office Location: 29, Chungnyeoldaero 322beongil, Room 202, Da-dong (Nakmin-dong, Urban Apartments)
Classification
Announcement
Agency Classification
Gu-County
Agency
Dongnae-gu
Announcement Number
No. 2025-17
Title
Announcement of Changes in Establishment of the Shin Nakmin 3 Small-Scale Reconstruction Maintenance Project
Date
February 19, 2025
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