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Suwon Approves First Apartment Remodeling Housing Construction Project

Shinseong Sinan Ssangyong Jinhung Apartment (Yeongdeungpo) Completed in 1997 with 1,616 Units ⇒ Expanded to 1,858 UnitsEight Apartment Complexes in Suwon Currently Pursuing Remodeling Projects
Suwon Metropolitan City Hall exterior view. (Photo=Suwon City)
Suwon Metropolitan City Hall exterior view. (Photo=Suwon City)

[Suwon Ilbo = Reporter Jung Jun-seong] Suwon Metropolitan City has approved an apartment remodeling housing construction project for the first time.

The city recently announced that it approved the 'Shinseong Sinan Ssangyong Jinhung Apartment (963-2, Yeongdeung-dong, Yeongtong-gu) Remodeling Housing Project Plan' on the 24th.

Shinseong Sinan Ssangyong Jinhung Apartment, completed in 1997, spans basement 1 level through 16-20 stories above ground, with 16 buildings and 1,616 units. Upon completion of the remodeling, it will be expanded to basement 4 levels through 18-21 stories above ground, with 19 buildings and 1,858 units. This represents an increase of 242 units.

Shinseong Sinan Ssangyong Jinhung Apartment established a cooperative in December 2020. After undergoing deliberation by joint committees (landscape, architecture, and transportation) and the Urban Planning Committee, the project submitted an application for business plan approval in June of this year, receiving approval 3 years and 10 months after the cooperative's establishment.

To actively support remodeling projects, the city reorganized the 'Suwon Metropolitan City Multi-Family Housing Remodeling Basic Plan' in December 2022 to reflect changed circumstances. Currently, eight apartment complexes in Suwon are pursuing remodeling projects.

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