Table of Contents
Public inspection for project implementation plan approval and project recognition of DaeYeon 8 District Redevelopment Project
- Located at 1173, Daeyon 4-dong, Nam-gu, POSCO The Sharp Won Tre Che
The redevelopment project of ‘DaeYeon 8 District’, located at 1173, Daeyon 4-dong, Nam-gu, Busan, has finally begun the public examination for project implementation plan approval and project recognition on the 9th. This project is composed of 28 buildings, 7 underground floors and 35 above-ground floors, totaling 3,312 households, with a district area of 192,243.3㎡. The association plans to complete the construction within 120 months after obtaining approval and is accelerating the project.
POSCO Construction will be responsible for construction and is planning to develop a large residential complex featuring the high-end brand 'The Sharp Won Tre Che'. The company has obtained construction rights while providing deferment of contributions and full support for moving expenses to the association members, and is currently enhancing the value of the complex through specialized designs of 'The Sharp'.
The project is progressing smoothly despite various conflicts and legal issues. On October 23, 2024, a conflict related to the educational environment assessment arose when the educational agency demanded a complete reconstruction of the aging Seokpo Elementary School and an expansion of Dongcheon Elementary School. Nevertheless, the association is maintaining a good communication channel and is continuing to proceed with the approval process.
In addition, on June 17, 2025, there was an incident where the chairman of the association was fined 2 million won for violating the 'Urban and Residential Environment Maintenance Act', but the association reported that they are continuing the project without any disturbances. This continuous momentum of the association is remarkable.
The location is close to DaeYeon Station on Busan Subway Line 2. Access to the areas of Seomyeon, Busan Station, and Haeundae is convenient via the UN Intersection and Hwangnyeongsan Tunnel. The surrounding area has a strong educational district with schools like Seokpo Elementary and Daecheon Middle School, as well as Busan Technical High School, and various cultural and living infrastructures, enhancing the residential preference.
The public inspection schedule will run from July 9 to July 23 for 15 days. Comments must be submitted in writing to the architectural department of Nam-gu Office or the association office. Once this public inspection procedure is completed, it is expected to proceed to the establishment of the management plan and the commencement stage, marking the beginning of the full-fledged project.
Public Notice No. 2025-896 of Nam-gu, Busan Metropolitan City
Public inspection for project implementation plan approval and project recognition of DaeYeon 8 District Redevelopment Project
In accordance with Article 56 of the 'Urban and Residential Environment Maintenance Act' and Article 49 of the Enforcement Decree of the same act, as well as Article 21 of the 'Act on Acquiring and Compensating Land for Public Projects' and Article 11 of the Enforcement Decree of the same law, we wish to hear opinions regarding project implementation plan approval and project recognition. Thus, related documents will be exhibited for public inspection, and landowners, association members, and other stakeholders with vested interests in the maintenance project should submit their opinions in writing during the exhibition period at the inspection site.
July 9, 2025
Mayor of Nam-gu, Busan Metropolitan City
1. Public inspection period: July 9, 2025 – July 23, 2025 (15 days)
2. Inspection locations: Architectural Department of Nam-gu Office (☎ 607-4615)
[19, Motgol-ro, Nam-gu, Busan, 7th floor]
DaeYeon 8 District Redevelopment Maintenance Project Association Office (☎ 625-6001)
[76, Seokpo-ro, Nam-gu, Busan, 7th floor]
3. Inspection documents: Omitted (available at inspection locations)
4. Opinion submission location: Must be submitted in writing at inspection locations during the public inspection period
5. Project implementation plan
| Project Name | Location | Maintenance Area Size | Implementing Agency | Project Details |
| DaeYeon 8 District Redevelopment Project | 1173, Daeyon 4-dong, Nam-gu | 192,243.3㎡ | DaeYeon 8 District Redevelopment Maintenance Project Association | 7 underground floors, 35 above-ground floors, 28 buildings, multi-family housing (3,312 households) and ancillary facilities |
Classification
Public Notice
Agency Type
District
Agency
Nam-gu
Public Notice Number
No. 2025-896
Title
Public inspection for project implementation plan approval and project recognition of DaeYeon 8 District Redevelopment Project
Date
2025-07-09
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Frequently Asked Questions (FAQ)
Q. What are the main contents of the DaeYeon 8 District Redevelopment Project?
The DaeYeon 8 District Redevelopment Project is a large-scale redevelopment project to create a residential complex with 3312 households at 1173, Daeyon 4-dong, Nam-gu, Busan.
The DaeYeon 8 District Redevelopment Project consists of 28 buildings with 7 underground floors and 35 above-ground floors, planned to have a total of 3,312 households. The project area is about 192,243.3㎡ and POSCO Construction is set to construct a residential complex utilizing the high-end brand 'The Sharp Won Tre Che'. The association aims to accelerate the project to complete construction within 120 months after approval.
Q. What are the public inspection dates for the redevelopment project and how should opinions be submitted?
The public inspection period is from July 9, 2025, to July 23, 2025, for 15 days, and written opinions must be submitted to the architectural department of Nam-gu Office or the association office.
The public inspection for project implementation plan approval and project recognition related to the DaeYeon 8 District Redevelopment Project will take place from July 9 to July 23, 2025. During this time, written opinions can be submitted to the architectural department of Nam-gu Office or the Redevelopment Maintenance Project Association office. Inspection documents will be available at the inspection location for direct review, and the submission of opinions will follow legal procedures.
Q. What is POSCO Construction’s role and what support is provided to association members?
POSCO Construction is responsible for the construction and provides deferment of contributions and full support for relocation expenses to the members of the association.
POSCO Construction has been selected as the construction company for the DaeYeon 8 District Redevelopment Project and will implement the high-end brand 'The Sharp Won Tre Che'. The company supports the association members by providing deferment of contribution payments and full relocation expenses, thereby reducing their financial burden. Additionally, they are committed to maintaining a high-quality residential environment through specialized designs unique to 'The Sharp' to enhance the value of the complex.
Q. What conflicts have occurred during the promotion of the DaeYeon 8 District Redevelopment Project and what is the current situation?
There have been conflicts such as demands for school reconstruction from the educational agency and fines imposed on the association chairman, but the project is progressing smoothly.
On October 23, 2024, a conflict arose when the educational agency demanded a complete reconstruction of the aging Seokpo Elementary School and an expansion for Dongcheon Elementary School concerning educational environment assessments. Additionally, on June 17, 2025, there was a situation where the chairman of the association received a fine for violating the 'Urban and Residential Environment Maintenance Act'. However, the association is maintaining a good communication channel and continuing with the approval process without disruption, demonstrating continuous momentum in promoting the project.
Q. What is the location and surrounding environment of the DaeYeon 8 District Redevelopment Project like?
It is close to DaeYeon Station on Busan Subway Line 2 and has a well-equipped educational, cultural, and living infrastructure.
The DaeYeon 8 District is conveniently located near DaeYeon Station on Busan Subway Line 2, with excellent access to the areas of Seomyeon, Busan Station, and Haeundae via the UN Intersection and Hwangnyeongsan Tunnel. The surrounding area has strong educational credentials with schools like Seokpo Elementary, Daecheon Middle School, and Busan Technical High School, and has a concentration of various cultural and living infrastructures, thus enhancing its desirability as a residential area.
