Gyeonggi Province Launches Full-Scale Development of Gyeonggi Fusion Town

[Suwon Ilbo=Reporter Kim A-hyun] As Gyeonggi Province continues construction on the new provincial government office with a target completion date of the end of next year, facilities scheduled to be housed in the Gyeonggi Fusion Town alongside the new office have recently completed their project approval procedures and entered the full-scale implementation phase.

According to the province on the 2nd, the provincial assembly held its 335th interim session on the 28th of last month and passed resolutions on the public property management plan for the construction of the Gyeonggi Provincial Representative Library and the construction project plan for the Gyeonggi Urban Corporation Convergence-Complex Center.

In 2016, the province announced the Gyeonggi Fusion Town development plan, a complex development project centered around the new provincial government office that would house the Gyeonggi Provincial Assembly, Gyeonggi Provincial Representative Library, Provincial Office of Education, Gyeonggi branch of the Bank of Korea, Gyeonggi Credit Guarantee Foundation, and Gyeonggi Urban Corporation.

Among these, the Provincial Office of Education, Gyeonggi branch of the Bank of Korea, and the Gyeonggi Credit Guarantee Foundation received project approval last year. However, the Gyeonggi Provincial Representative Library and the Gyeonggi Urban Corporation Convergence-Complex Center failed to receive assembly approval in the second half of 2018, raising concerns about project delays.

The province explained that with the passage of the provincial assembly review, all tenant organization projects for the Gyeonggi Fusion Town have been finalized, making it possible to begin full-scale development of the Gyeonggi Fusion Town project alongside the new provincial government office.

The Gyeonggi Provincial Representative Library will be constructed on a 6,824-square-meter site within the Gyeonggi Fusion Town and will be a 4-basement, 5-story structure with a total floor area of 31,200 square meters. This represents a reduction of 10,300 square meters from the original plan, with an opening target of the second half of 2023.

The Gyeonggi Urban Corporation Convergence-Complex Center will be built on an 8,744-square-meter site and will consist of a corporate headquarters with 4 basement levels, 16 above-ground floors, and a total floor area of 37,360 square meters, as well as a complex facility building with 4 above-ground and 4 basement levels and a total floor area of 21,343 square meters (office and sports facilities, etc.), with completion also targeted for 2023.

The Gyeonggi Credit Guarantee Foundation will be constructed on a 5,000-square-meter site near Gwanggyo Central Station with 4 basement levels, 14 above-ground floors, and a total floor area of 37,895 square meters, targeted for completion in 2023, and land contract procedures are currently underway.

The Provincial Office of Education will construct a facility on a 4,000-square-meter site within the provincial government office grounds, spanning 4 basement levels, 18 above-ground floors, with a total floor area of 43,466 square meters, targeting completion in 2022 and is currently in the process of selecting a design consulting firm.

The Bank of Korea Gyeonggi branch building will be constructed on a 4,778-square-meter site with a total floor area of 22,000 square meters, 3 basement levels, and 5 above-ground floors, and will include banking facilities as well as a currency museum and art exhibition hall. The design consulting firm selection process is also underway with completion targeted for 2022.

A provincial official said, "With this project approval, all concerns mixed with doubt and negative views regarding the Gyeonggi Fusion Town development project have been completely resolved. With the project confirmed as originally planned, we can now proceed normally with the construction of public infrastructure facilities such as interchange parking lots and grass plazas. The swift promotion policy for the Gyeonggi Fusion Town in the seventh civil administration and cooperative governance between Gyeonggi Province and the provincial assembly have proven effective," the official added.