Three Reasons Why Only 400 Housing Units Will Be Built on the Ttukseom Ready-Mixed Concrete Site
Three Reasons Why Only 400 Housing Units Will Be Built on the Ttukseom Ready-Mixed Concrete Site
The former Ttukseom ready-mix concrete site will be transformed into a large mixed-use complex, but housing will be limited to approximately 400 units. This decision stems from urban planning decisions, the burden of transportation improvements, and public contribution design, all aimed at balancing residential and commercial use.
Three Reasons Why Only 400 Housing Units Will Be Built on the Ttukseom Ready-Mixed Concrete Site
1️⃣ Prioritize the character of the business district
cause
The city designed this site as a business-focused mixed-use complex, aiming to attract jobs and businesses by increasing the percentage of business.
result
Therefore, housing is limited and the number of households is reduced. This is intended to avoid overcrowding and create a balance between work and life.
2️⃣ Housing ratio cap 40%
cause
The district plan limits residential space to approximately 40 percent of the total area. Housing supply is limited based on area.
result
Because the area allocated is small, the actual number of units to be built will be approximately 400. Given the limited supply, competition is likely.
💬 If you're curious why there are 400 households, click here to enlarge
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3️⃣ Public contribution and burden of pollution cleanup costs
cause
A significant amount of funding is allocated to soil cleanup and public services. Funding is allocated to public facilities such as startup hubs and transportation improvements.
result
This budget allocation has made it difficult to expand the residential portion, reducing the housing supply. Instead, public convenience and transportation improvements are prioritized.
4️⃣ Transportation conditions and infrastructure planning
cause
To alleviate traffic congestion in the area, major construction projects, including the construction of new ramps, were planned. Development was required to accommodate road capacity.
result
To reduce traffic burden, it's better to limit residential density. That's why I only limit the number of households in my home.
To put it simply,
Increase the proportion of business and limit the proportion of residential in urban planning
Housing expansion is limited due to the significant budget spent on pollution cleanup and public contributions.
Avoid overcrowding of housing while considering transportation improvements
summation
The Ttukseom redevelopment project prioritized jobs and public facilities, resulting in a housing base of approximately 400 units. The rationale will become clear as we observe future occupancy plans and improvements to the surrounding infrastructure.