Gwanggyo New City's 11 Special Planning Zone Projects Launched in Full Scale

The 11 special planning zone projects in Gwanggyo New City, which are being developed with creative and innovative approaches befitting a premium new city, will launch in full scale beginning with a business briefing on September 18, followed by bidding for developers and design competitions.

According to Gyeonggi Regional Public Corporation, the special planning zones in Gwanggyo New City comprise 11 areas including a new provincial government building (administrative town), hotel convention center, business park and power center, theme park and education town, totaling approximately 3.599 million square meters—31.9% of the entire new city's area.

The administrative town area of 119,000 square meters, where the Gyeonggi Provincial Government offices and affiliated organizations will be located, will be pursued by Gyeonggi Province, while the hotel and convention center zone of 195,000 square meters will be pursued separately by Suwon City.

The business park zone of 161,696 square meters in the northeast area of Woncheon Reservoir, where corporate headquarters and branches as well as cultural facilities and mixed-use buildings will be developed with the goal of creating a global business district, is scheduled to open bidding for private developers in April next year.

The power center, planned as an urban complex cultural space, will be built on 125,510 square meters near National Route 42 at the entrance to Woncheon Reservoir. It will open bidding through project financing (PF) method in November and December. The power center will house department stores, discount retailers, multiplex cinemas, and mixed-use residential apartments.

Edu Town (306,711 square meters), which will be integrated and designed around an 'open school' concept, will open for design competitions in September.

The recreation zone around Woncheon and Sinde Reservoirs (1,751,049 square meters), which will be developed as a waterfront park, will proceed through design competition in December, while the eco-friendly residential zone (586,750 square meters) featuring townhouses and mid-to-low-rise apartments will also proceed through design competition method.

Cha Yang-ho, head of the Special Planning Zone Division at Gyeonggi Regional Public Corporation, stated, "In the bidding process, we are planning to set the ratio between price competition and design technology, architectural appearance and aesthetics, and design concept at either 6:4 or 5:5," adding "This is to remain faithful to the fundamental goal of building a premium new city rather than solely focusing on feasibility or profitability."

The corporation plans to hold a business briefing for Gwanggyo New City's special planning zone projects on September 18 at 2 p.m. at Imperial Palace in Nonhyeon-dong, Gangnam-gu, Seoul, with participation from corporate CEOs and representatives from construction and design firms.

Meanwhile, at the special planning zone meeting held at the Nano Pep Specialized Center on the 9th, approximately 200 corporate representatives, including major corporations such as Lotte and Daewoo, gathered to demonstrate keen interest in the development of Gwanggyo New City.