Announcement of Public Inspection for the Business Implementation Plan of Cheongnyong 1 Reconstruction Project and Bumyang Villa Mansion

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Public Announcement for Cheongnyong 1 Redevelopment Project Implementation Plan Approval

- Area of 87-2 Cheongnyong-dong, Geumjeong-gu Boryang Villa Mansion

Cheongnyong 1 Redevelopment Project

The Cheongnyong 1 redevelopment project, taking place in Cheongnyong-dong, Geumjeong-gu, Busan, is officially entering the project implementation plan approval process. The Geumjeong-gu Office plans to post the public announcement for the Cheongnyong 1 redevelopment project on March 26, 2025.

Furthermore, it was announced that opinions from residents and stakeholders will be collected until April 9. This project marks an important step that occurs eight months after the maintenance plan and designation of the maintenance area were notified last July.

Cheongnyong 1 Redevelopment Project

The Cheongnyong 1 redevelopment project is underway at the site of 87-2 Cheongnyong-dong, Geumjeong-gu, with an area of 11,969㎡. This project includes a structure of 4 basement floors and 26 above-ground floors, comprising a total of 280 apartment units and auxiliary welfare facilities.

The Cheongnyong 1 District Redevelopment Maintenance Project Association selected Hanshin Construction as the contractor in September 2022. According to the construction plan, the floor area ratio is set at 239.35%, and the building-to-land ratio is 19.91%. The unit composition varies with 20 units of 49㎡, 117 units of 59㎡, and 143 units of 79㎡.

Cheongnyong 1 Redevelopment Project

This public announcement is conducted pursuant to Article 56 of the Urban and Residential Environment Maintenance Act. Landowners or stakeholders have the opportunity to review documents related to the project implementation plan during the specified period and to submit their opinions. The announcement will be held at the Geumjeong-gu Office Architecture Department and the Association's office, aiming to complete it within 84 months from the project approval date.

Cheongnyong 1 Redevelopment Project

The Cheongnyong 1 district boasts an excellent location in various aspects, including transportation, education, and natural environment. It is located only a 3-minute walk from Beomeosa Station on Busan Subway Line 1, making it a prime location characterized as an ultra-station area. Access to the Gyeongbu Expressway is also convenient.

In terms of educational environment, nearby schools such as Samyuk Elementary, Cheongnyong Elementary, Geumjeong Middle School, and Geumjeong Library provide favorable learning conditions. Additionally, the area is abundant in green spaces like Oncheoncheon, Suyeonggang, and Yeongnak Park, creating a pleasant living environment.

The success of the Cheongnyong 1 Redevelopment Project is expected to have a significant impact on future sales and on the redevelopment projects in Geumjeong-gu and northern Busan, garnering attention from many industry stakeholders.




Public Notice No. 2025-413 from Geumjeong-gu, Busan


Public Announcement for Cheongnyong 1 Redevelopment Project Implementation Plan Approval

Regarding the Cheongnyong 1 Redevelopment Project at 87-2 Cheongnyong-dong, Geumjeong-gu, Seoul, an application for project implementation plan approval has been received from the project implementer. In accordance with Article 56 of the Urban and Residential Environment Maintenance Act and Article 49 of the enforcement decree of the same law, the following public announcement is made. Landowners or members of the association, as well as other parties with interest related to the maintenance project, may submit their written opinions regarding the project implementation plan documents within the public announcement period.

March 26, 2025
Mayor of Geumjeong-gu, Busan

1. Public Announcement Period and Location
가. Public Announcement Period: March 26, 2025 - April 9, 2025 (14 days)
나. Public Announcement Location
1) Architecture Department, Geumjeong-gu Office
Address: 1777 Jungang-daero, Geumjeong-gu, Busan, Annex 2nd Floor (☎ 051-519-4612)
2) Office of Cheongnyong 1 District Redevelopment Maintenance Project Association
Address: 6 Cheongnyongyejeon-ro, Geumjeong-gu, Busan, Room 304 (☎ 051-991-8767)
다. Publicly Available Documents: Application documents for project implementation plan approval and related documents (available at the announcement location)

2. Project Details
가. Name and Address of the Project Implementer
1) Name: Cheongnyong 1 District Redevelopment Maintenance Project Association (Chairman Hong Seung-oh)
2) Address: 6 Cheongnyongyejeon-ro, Geumjeong-gu, Busan, Room 304
나. Type and Name of the Project: Cheongnyong 1 Redevelopment Project
다. Location and Area of the Maintenance District: 87-2 Cheongnyong-dong, Geumjeong-gu, Busan (11,969.0㎡)
라. Scale of the Project
1) Building Scale: 4 basement floors to 27 above-ground floors, 3 buildings, apartments (278 units), and auxiliary welfare facilities
2) Urban Planning Facilities: Road (1 route)
3) Maintenance Infrastructure: Road (1 route)
마. Project Implementation Period: Within 84 months from the date of project implementation plan approval

3. Target for Opinion Submission and Submission Method
가. Target: Owners of land or buildings located in the maintenance district or their surface rights holders, as well as others with interests related to the maintenance project
나. Method: Submit a written opinion (available at the announcement location) during the public announcement period
다. Submission Location: Announcement Location

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Classification
Announcement
Agency Classification
District
Agency
Geumjeong-gu
Notification Number
No. 2025-413
Title
Public Announcement for Cheongnyong 1 Redevelopment Project Implementation Plan Approval
Date
2025-03-26

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