Ocean Life Eileen's Garden / DongSam District 2 Redevelopment Project Public Announcement
- Site number 1195, Dongsam-dong, Yeongdo-gu, and 14 others
The DongSam District 2 redevelopment project, which took place on site number 383-1, Dongsam-dong, Yeongdo-gu, has now reached the completion stage. Through this project, the 'Ocean Life Eileen's Garden' apartment complex has been established, with move-ins beginning after receiving partial completion approval in July 2023.
Final completion approval was granted on November 22, 2024, and the public announcement of the completion approval was completed on November 27. Subsequently, on March 12, 2025, a public announcement for the transfer of ownership was made, marking the project as practically finished. Thus, the DongSam District 2 redevelopment project has successfully concluded.
'Ocean Life Eileen's Garden' is a large-scale apartment complex consisting of 10 buildings ranging from 3 basement floors to 35 above ground. It is made up of a total of 1,228 units, with 23 neighborhood facilities also provided. The project is being constructed by IS Dongseo Co., Ltd.
The current public announcement of transfer involves the transfer of ownership for an area of approximately 65,289.6㎡. This includes a land area of 47,351.3㎡ that comprises multi-family housing and neighborhood facilities, while the remaining areas have been developed into religious land (5,846.7㎡) and infrastructure such as roads and parks (12,091.6㎡). Notably, part of the road site was provided in the form of donation, contributing to the local community.
This complex is located in a residential area favored by residents of Yeongdo-gu. Positioned within Dongsam Innovation City, one of Busan's four major innovation cities, it is home to various public institutions and businesses. Particularly, there are many marine and fisheries research facilities, providing outstanding accessibility to workplaces. The Busan Harbor Bridge and Namhang Bridge facilitate easy movement between western and eastern Busan, creating excellent conditions for living and commuting.
Moreover, the educational environment is also excellent. Nearby are Dongsam Elementary School and Dongsam Middle School, along with various living and cultural facilities such as Haesucheon waterfront park and the Marine Museum, boasting a pleasant residential environment. The scarcity of new apartments in Yeongdo is highly assessed, predicting that it could become a landmark complex in the region in the future.
This public announcement of transfer indicates that ownership is being transferred, marking the near completion of the project. It is anticipated that there will be significant interest in further maintenance projects or infrastructure expansions in the future.
Public Announcement No. 2025-1 of the DongSam District 2 Housing Redevelopment Maintenance Project Association
Public announcement of the DongSam District 2 redevelopment project
1. In accordance with Article 83 of the Urban and Residential Environment Maintenance Act, this is a public announcement on the transfer of ownership for the DongSam District 2 redevelopment project, which was publicly announced with approval for construction under Public Announcement No. 2024-118 (2024.11.27) from Yeongdo-gu, Busan Metropolitan City, in accordance with Article 86 of the same act.
2. Relevant documents are available at the DongSam District 2 Housing Redevelopment Maintenance Project Association office (☎ 051-405-2421) for review by interested parties.
March 12, 2025
Presiding Officer Park Seong-hoon, DongSam District 2 Housing Redevelopment Maintenance Project Association
1. Type and Name of the Maintenance Project
a. Type of maintenance project: Redevelopment project
b. Name: DongSam District 2 Redevelopment Project
2. Location and Area of the Project Area
a. Location: Site number 1195, Dongsam-dong, Yeongdo-gu, Busan Metropolitan City, and 14 others
- Previously: Including site number 383-1, Dongsam-dong, Yeongdo-gu, Busan Metropolitan City
b. Maintenance area: 65,289.6㎡
c. Area for transfer announcement: 65,289.6㎡, actual usage land area: 47,351.3㎡
3. Main office and name of the implementing entity
a. Office: 17 Dongsam-ro, Yeongdo-gu, Busan Metropolitan City
b. Name: DongSam District 2 Housing Redevelopment Maintenance Project Association (Chairperson: Park Seong-hoon)
4. Date of management disposition plan approval
December 4, 2017
5. Date of construction approval
November 22, 2024
6. Date of announcement of construction completion and approval
November 27, 2024
7. Details of transfer announcement
1) Land
| Category | Location | Land Use | Area (㎡) | Remarks |
| Total area for transfer announcement | | | 65,289.6 | |
| Multi-family housing | Dongsam-dong 1195 | Building | 27,651.8 | Multi-family housing and neighborhood facilities |
| Multi-family housing | Dongsam-dong 1203 | Building | 19,699.5 | |
| Total land area | | | 47,351.3 | |
| Religious land | Dongsam-dong 1196 | Religious land | 3,363.9 | |
| Religious land | Dongsam-dong 1199 | Religious land | 2,482.8 | |
| Subtotal | | | 5,846.7 | |
| Road | Dongsam-dong 1192 | Road | 3.1 | |
| Road | Dongsam-dong 1193 | Road | 1,372.8 | |
| Road | Dongsam-dong 1197 | Road | 76.2 | |
| Road | Dongsam-dong 1198 | Road | 963.3 | |
| Road | Dongsam-dong 1201 | Road | 634.5 | |
| Road | Dongsam-dong 1202 | Road | 3,839.1 | |
| Road | Dongsam-dong 1204 | Road | 1,456.8 | |
| Road | Dongsam-dong 1205 | Road | 61.8 | |
| Children's Park | Dongsam-dong 1200 | Park | 1,523.3 | |
| Green Area | Dongsam-dong 1194 | Park | 885.2 | |
| Green Area | Dongsam-dong 1206 | Park | 1,275.5 | |
| Subtotal | | | 12,091.6 | Donation |
2) Building facilities
| Category | Multi-family housing | Neighborhood facilities | Total |
| Total floor area (㎡) | 175,514.1485 | 1,291.9603 | 176,806.1088 |
| Number of buildings | 10 | 2 | 12 |
| Number of floors | 3 basement floors to 35 above ground | 1st to 2nd floors | |
| Number of units | 1,228 units | 23 units | 1,251 |
Category
Public Announcement
Institution Type
Other Institutions
Institution
DongSam District 2 Housing Redevelopment Maintenance Project Association
Public Announcement Number
No. 2025-1
Title
Public Announcement of the Transfer of the DongSam District 2 Redevelopment Project
Date
2025-03-12
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