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Busan Metropolitan City Announces Application Results for the First-Phase Leading Zones of the Aging Planned City Redevelopment Project

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Busan Metropolitan City (Mayor Park Heong-joon) announced that a total of 14 zones comprising 32,000 housing units in the designated special redevelopment areas of the first phase (Hwamyung–Geumgok and Haeundae 1·2) under the draft Master Plan for the Redevelopment of Aging Planned Cities had submitted applications for selection as leading zones last week.

The city began accepting applications following the public notice issued in July, with the submission period running from October 13 to 17. Among the 14 eligible zones in the Hwamyung–Geumgok area, six zones (14,000 units) submitted applications, while in the Haeundae 1·2 area, eight out of 13 eligible zones (18,000 units) submitted applications.

The total scale of applications for the leading zones reached an average of 5.7 times the available quota (2,500 units for Hwamyung–Geumgok and 3,200 units for Haeundae 1·2). The average resident consent rate was recorded at approximately 77%.
In detail, Hwamyung–Geumgok’s application volume amounted to about 5.76 times the quota, totaling 14,400 units with an average consent rate of 74%, while Haeundae 1·2’s application volume was about 5.63 times the quota, totaling 18,000 units with an average consent rate of 80%.
(Note: The consent rate was calculated based on figures in the submitted applications and may vary following verification.)

The city will evaluate the applications between October and November in accordance with the published evaluation criteria, and, after consultations with the Ministry of Land, Infrastructure and Transport, finalize the selection of the leading zones by December.
Once designated as leading zones, the selected areas will receive support to promptly initiate the designation of special redevelopment zones and the establishment of detailed redevelopment plans.

Meanwhile, Busan Metropolitan City has been continuously sharing information about the Aging Planned City Redevelopment Project with local residents both online and offline, and will continue to communicate closely with them throughout the project’s implementation.
The city operates a dedicated YouTube channel titled “Busan Aging Planned City” (www.youtube.com/@busannohu) and continues to engage residents through various channels such as promotional booklets, on-site briefing sessions, and the Future City Support Center.

Bae Seong-taek, Director General of the Housing & Architecture Bureau, stated,
“Through diverse communication channels during the application period, we were able to inform local residents about the project, which led to their enthusiastic participation. We sincerely appreciate their active engagement,” and added,
“We will ensure fairness and transparency by forming an evaluation committee for the selection of leading zones and will make every effort to complete the selection process by the end of the year without delay, in order to meet the expectations of local residents.”