Boksan 1 Redevelopment Project Implementation Plan Approval Announcement
Information about Dongnae Xi the Heritage located at 246 Chilsan-dong, Dongnae-gu.
Using the complex layout and aerial view, various facilities and the environment can be examined.
The redevelopment project in Busan's Dongnae Gu Boksan 1 district has recently received approval for its implementation plan and has officially commenced. The project aims to construct a large-scale apartment complex with a total of 4,300 households, across 74 buildings, from 5 underground floors to 32 above ground floors, occupying an area of approximately 399,960㎡ located around No. 50 of Boksan-dong, Dongnae Gu.
GS Engineering & Construction has been selected as the construction company, and the apartments will be supplied under the brand name 'Dongnae Xi the Heritage.' An announcement regarding the implementation plan was made last January, and final approval was achieved within two months. This has increased the expectations of local residents and investors for the project.
Once the redevelopment is completed, improvements in the residential environment and an increase in real estate values are expected.
In terms of transport convenience, this complex is located close to Nakmin Station on the Busan Metro Line 4, positioned in a station area. Access to both downtown Busan and the outskirts is very smooth via Chungnyeol-daero, Bansong-ro, and Wondong IC.
Notable educational institutions nearby, including Naesung Elementary School, Haksan Women's Middle School, Haksan Women's High School, and Dongnae High School, are known for their excellence in education. This area can be considered to have an extremely favorable educational environment.
Additionally, various living convenience facilities such as Dongnae Commercial District, Mega Mart, Lotte Mart, and Lotte Department Store are nearby, providing residents with easy access. The infrastructure such as the Dongnae District Office and hospitals is well-established, making the residential environment attractive as well.
This project holds significant meaning in resolving the long-standing conflict between cultural property protection and redevelopment. The proximity of the Bokcheon Tombs and Dongnae Eupseong means that previous redevelopment efforts experienced delays due to the potential for artifact excavation. However, through the deliberations of the Busan City Urban Planning Committee in 2022, the project was finally approved, allowing for substantial progress, reflecting conditions such as height adjustments for some buildings and securing green space. This has opened up an opportunity for balancing regional development and cultural heritage preservation.
Related to the Boksan 1 District Redevelopment Project, the layout of each complex of Dongnae Xi the Heritage can be confirmed below.
After the approval of the implementation plan, the processes such as management disposal plan approval, relocation and demolition, and commencement of construction will proceed sequentially. However, the recent rise in raw material prices and inflation may heavily influence contract costs.
In several maintenance project sites within Busan, negotiations regarding construction cost increases are actively taking place between the union and the construction company. Therefore, it appears that the speed of project progress and cost adjustments in Boksan 1 District will also become significant issues in the future.
The Boksan 1 District redevelopment project is expected to secure strong competitiveness in the Busan real estate market based on its prime location and brand value, as one of the largest maintenance projects in Dongnae Gu. Improvements in the residential environment and infrastructure expansion will serve as attractive options for both actual buyers and investors.
Announcement No. 2025-28 of Dongnae Gu, Busan Metropolitan City
Announcement of Implementation Plan Approval for Boksan 1 Redevelopment Project
The area was designated as a maintenance zone under Announcement No. 2008-47 by Busan Metropolitan City (dated January 30, 2008), and the maintenance plan and the change in maintenance zone were notified under Announcement No. 2022-226 (dated June 22, 2022) and Announcement No. 2024-110 (dated April 17, 2024) by Busan Metropolitan City. 'Boksan 1 District Redevelopment Project' located at 246 Chilsan-dong in Busan Metropolitan City has been approved for implementation plan according to Article 50 of the Urban and Residential Environment Maintenance Act, and is hereby announced in accordance with Article 10 of the Enforcement Regulations of the same law.
March 12, 2025
Mayor of Dongnae Gu, Busan Metropolitan City
1. Type and Name of Maintenance Project
a. Type: Redevelopment Project
b. Name: Boksan 1 Redevelopment Project
2. Location and Area of Maintenance Zone
a. Location: Area of 246 Chilsan-dong, Dongnae Gu, Busan Metropolitan City
b. Area: 400,066㎡
3. Name and Address of Implementing Entity
a. Implementer: Boksan 1 District Housing Redevelopment Maintenance Project Association (Chairperson: Lee Il-ho)
b. Address: 131, Myeongnyun-ro 112beon-gil, Dongnae Gu, Busan Metropolitan City, 3rd Floor (Chilsan-dong)
4. Implementation Period of Maintenance Project
120 months from the date of approval of the implementation plan
5. Date of Approval of Implementation Plan
March 6, 2025 (Thursday)
6. Details of Land or Buildings to be Expropriated or Used and Details of Rights Other than Ownership
[Attached]
7. Matters Related to Building Area, Coverage Ratio, Floor Area Ratio, Height, and Purpose
| Category | Content | Category | Content |
| Land Area | 255,129㎡ | Building Area | 55,703.1414㎡ |
| Coverage Ratio | 21.83% | Total Floor Area | 945,239.9556㎡ |
| Floor Area Ratio | 216.89% | Maximum Height | 97.65m |
| Purpose | Multi-family Housing (Apartment) and Auxiliary Welfare Facilities | Number of Floors | 3 Basement / 32 Floors Above Ground |
| Number of Buildings | 74 Multi-family Housing Buildings | Number of Units | 4,300 Units (including 366 rental units) |
8. Housing Scale and Housing Construction Plan
| Supply Classification | Housing Type | Number of Buildings | Number of Units | Type | Area (㎡) |
| Total | Multi-family Housing | 74 | 4,300 | | |
| Rental | Multi-family Housing | 3 | 366 | 39 | 39.9310 |
| Sale | Multi-family Housing | 74 (including 3 rental buildings) | 3,934 | | |
| | | | 29 | 39 | 39.9310 |
| | | | 158 | 59 | 59.9899 |
| | | | 92 | 76 | 76.2331 |
| | | | 489 | 84A | 84.3677 |
| | | | 628 | 84B | 84.5254 |
| | | | 63 | 84C | 84.9303 |
| | | | 8 | 84D | 84.3406 |
| | | | 150 | 99A | 99.1945 |
| | | | 34 | 99B | 99.5797 |
| | | | 11 | 99C | 99.6251 |
| | | | 31 | 99DH | 99.1639 |
| | | | 320 | 115A | 115.5059 |
| | | | 29 | 115B | 115.1105 |
| | | | 163 | 115C | 115.2546 |
| | | | 55 | 118DH | 118.0717 |
| | | | 158 | 135A | 135.2254 |
| | | | 18 | 135B | 135.2971 |
| | | | 20 | 154A | 154.3496 |
| | | | 25 | 154B | 154.5063 |
| | | | 13 | 154C | 154.4227 |
| | | | 32 | 84TH | 84.3572 |
| | | | 62 | 84TWA | 84.9672 |
| | | | 241 | 84TWB | 84.8649 |
| | | | 241 | 84TWC | 84.8758 |
| | | | 226 | 115TW | 115.3413 |
| | | | 93 | 135TWA | 135.1776 |
| | | | 57 | 135TWA-1 | 135.9687 |
| | | | 44 | 135TWA-2 | 135.2862 |
| | | | 59 | 135TWA-3 | 135.3287 |
| | | | 86 | 135TWA-4 | 135.4888 |
| | | | 224 | 135TWB | 135.7197 |
| | | | 23 | 154TW | 154.3754 |
| | | | 13 | 154TW-1 | 154.7103 |
| | | | 14 | 154TW-2 | 154.9373 |
| | | | 6 | 154TW-3 | 154.7903 |
| | | | 2 | 119PH | 119.6300 |
| | | | 2 | 123PH | 123.7342 |
| | | | 1 | 127PHA | 127.4597 |
| | | | 4 | 127PHB | 127.3274 |
| | | | 4 | 149PH | 149.7567 |
| 4 | 173PH | 173.4712 | |||
| 2 | 218PH | 218.5019 |
Category
Announcement
Institution Classification
Gu/Gun
Institution
Dongnae Gu
Announcement Number
No. 2025-28
Title
Announcement of Implementation Plan Approval for Boksan 1 Redevelopment Project
Date
March 12, 2025
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