Suwon Industrial Complex 3 District to Undergo Additional Expansion

The City of Suwon will proceed with an additional expansion of Suwon Industrial Complex 3 District in Gosek-dong, Gwonseon-gu.

According to the city on the 14th, the expansion area is 52,638 square meters. The city has commissioned a feasibility study to review land use plans and tenant industries, and plans to proceed through the Capital Area Planning Review in the first half of the year, with construction beginning in the second half.

Additionally, the city has designated industrial complex reservation lands as restricted development zones to prevent real estate speculation and chaotic land development.

Once the expansion project is completed, Suwon Industrial Complex 3 District will expand from the existing 795,000 square meters to 847,638 square meters.

Suwon Industrial Complex consists of a total of three districts: District 1 (287,000 square meters) was completed in June 2006, District 2 (123,000 square meters) in December 2008, and District 3 in September 2012, respectively.

Suwon Industrial Complex was developed as a replacement industrial zone after previous sites—such as the Hanilhansim textile factory in Jowon-dong and SK Chemicals factory land in Jeongja-dong—were converted to residential use.