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Seoul Picks 6 Sites for New Growth Hubs

Summary by The Korea Times
Seoul is moving to reshape its urban landscape around multiple centers, selecting six sites for projects intended to bring jobs, housing, commerce...

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[Ddangjipgo] The Seoul Metropolitan Government has selected a total of two locations—Yeoksam-dong in Gangnam-gu and Jayang-dong in Gwangjin-gu—as the first pilot sites for the ‘Growth Hub-type Mixed-Use Development Project,’ which is being conducted as a station area revitalization initiative. Subsequently, four non-station area sites were also selected as sites for the Growth Potential Zone revitalization project. On the 15th, the Seoul Metrop…

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On the 15th, the Seoul Metropolitan Government announced the selection of six first pilot project sites to reorganize the entire city into a 'multi-core city,' but a significant number of the sites are large corporations or former entities that already possess financial resources and development experience.

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Yeoksam and Jayang-dong designated as 'growth hubs'... Floor area ratio up to 1,300%

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newstomato.com broke the news on Tuesday, September 15, 2026.
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