Gosaeok District Urban Development Project in Full Swing

Suwon City announced on the 9th that it has designated and publicly notified 248,310㎡ in the Gosaeok-dong area of Gwonseon-gu as the 'Gosaeok District Urban Development Zone.'

This designation and public notification follows the submission of an urban development project plan by the preparatory committee for the tentatively named Gosaeok Urban Development Business Association.

The Gosaeok District will be developed by 2015 to accommodate a total of 2,118 households—including 2,065 apartments and 53 single-family homes—with a residential capacity of 5,719 people.

According to the land use plan, the breakdown includes 126,379㎡ (50.9％) for residential construction, 100,608㎡ (40.6％) for infrastructure facilities, 19,699㎡ (7.9％) for commercial and living facilities, and 1,624㎡ (0.6％) for other facilities.

The city plans to pursue balanced development of Suwon through environmentally friendly development and to create a comfortable residential complex through residential areas serving as a backdrop to industrial complexes and the creation of parks.