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Goejeong Spadium Seven / Announcement of the Extension of the Release Deadline for the Goejeong 7 District Redevelopment Project Maintenance Zone
- 545-1 Goejeong-dong, Saha-gu
The deadline for the release of the maintenance zone for the Goejeong 7 District redevelopment project at 545-1 Goejeong-dong, Saha-gu, Busan has been extended to July 28, 2027. This extension is based on Article 20, Paragraph 1, Subparagraph 2, Item (d) of the Urban and Residential Environment Maintenance Act, which states that if the council does not apply for project implementation approval within three years after establishment approval, the maintenance zone may be released. However, it is noteworthy that an extension is possible if 30% or more of landowners request it. This is expected to have a positive impact on the redevelopment of the area.
The Goejeong 7 District redevelopment is being carried out under the project name ‘Goejeong Spadium Seven’. This project consists of three basement levels and 29 floors above ground, including a total of 14 buildings and 1,819 residential units, along with various supporting facilities.
However, delays in selecting a construction company and differences in opinions within the council regarding budget adjustments have caused disruptions in the project schedule. As a result, the extension announcement has become inevitable.
This deadline extension gives the council legal leeway to apply for project implementation approval until 2027. It holds significant meaning in securing the sustainability of the maintenance project and maintaining the foundation for improving the residential environment.
The Goejeong 7 District is located between Goejeong Station and Saha Station of Busan Subway Line 1, making it a double subway zone of considerable interest. Surrounded by educational, medical, and commercial facilities, it is regarded as the center of the Saha living area. If the redevelopment proceeds smoothly in the future, the residential environment of Saha-gu is expected to improve significantly, and the regional value will also rise considerably.
The extension of the release deadline for the Goejeong 7 District is not merely an extension of time. It has great significance in providing opportunities to create a large residential complex that will satisfy local residential demand, allowing the area to grow into a new residential center in the Saha region.
Announcement No. 2025-333 of Busan Metropolitan City
Announcement of the Extension of the Release Deadline for the Goejeong 7 Redevelopment Project Maintenance Zone
Regarding the maintenance zone of the Goejeong 7 redevelopment project at 545-1 Goejeong-dong, Saha-gu, Busan, this announcement is made in accordance with Article 20, Paragraph 6 of the Urban and Residential Environment Maintenance Act to extend the release deadline of the maintenance zone and, according to the same article, Paragraph 7, to announce it.
Date: August 27, 2025
Mayor of Busan Metropolitan City
1. Extension of the maintenance zone release deadline
| District Name | Location | Area (㎡) | Extended Release Deadline | Notes |
| Goejeong 7 Redevelopment Project Maintenance Zone | 545-1 Goejeong-dong, Saha-gu | 96,036.4 | Until July 28, 2027 | - |
※According to Article 20, Paragraph 1, Subparagraph 2, Item (d) of the Urban and Residential Environment Maintenance Act, this period is extended by 2 years
2. Reasons for the extension of the maintenance zone release deadline
- Under Article 20, Paragraph 1, Subparagraph 2, Item (d) of the Urban and Residential Environment Maintenance Act, more than 30% of landowners (members) requested the extension of the maintenance zone release deadline before its expiration, thus extending the deadline for planned maintenance of the residential environment.
3. Further details can be obtained from the Urban Maintenance Division of Busan Metropolitan City (051-888-4234) and the Architecture Division of Saha-gu (051-220-4614), where related documents are available.
Type
Announcement
Institution Type
City
Busan Metropolitan City
Announcement/Notification Number
No. 2025-333
Title
Announcement of the Extension of the Release Deadline for the Goejeong 7 Redevelopment Project Maintenance Zone
Date
August 27, 2025
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Frequently Asked Questions (FAQ)
Q. What is the reason for the extension of the release deadline for the Goejeong 7 District redevelopment project maintenance zone?
The release deadline has been extended by 2 years based on legal grounds due to a request from more than 30% of landowners.
The release deadline for the Goejeong 7 District redevelopment project maintenance zone has been extended to July 28, 2027, based on Article 20, Paragraph 1, Subparagraph 2, Item (d) of the Urban and Residential Environment Maintenance Act. This is a measure grounded in the legal provision that states that if the council does not receive project implementation plan approval within three years of establishment approval, the maintenance zone may be released; however, it can be extended if requested by 30% or more of landowners. This extension announcement aims to ensure the planned maintenance of the residential environment and the sustainability of the redevelopment project.
Q. What are the main details and scale of the Goejeong 7 District redevelopment project?
It is a large-scale development project including 14 buildings and 1,819 residential units and supporting facilities.
The Goejeong 7 District redevelopment project is currently underway under the name ‘Goejeong Spadium Seven’, consisting of 14 buildings ranging from three underground floors to 29 floors above ground, with a total of 1,819 residential units. This project aims to enhance the living convenience of local residents by incorporating various supporting facilities in addition to the apartments. However, delays in selecting a construction company and differences in opinions within the council regarding budget adjustments have resulted in disruptions to the schedule.
Q. What are the locational advantages of the Goejeong 7 District redevelopment project?
It is located in a double subway area between Goejeong Station and Saha Station, surrounded by educational, medical, and commercial facilities.
The Goejeong 7 District is located between Goejeong Station and Saha Station of Busan Subway Line 1, providing it with valuable double subway connectivity. This makes public transport extremely convenient, and the area is densely populated with educational, medical, and commercial facilities, making it central to the Saha living area. If the redevelopment proceeds smoothly, it is expected to significantly enhance the residential environment and regional value of Saha-gu.
Q. What is the impact of the extension of the maintenance zone release deadline on the area?
It positively affects residential environment improvement and the increase in regional value by securing legal leeway for the redevelopment project.
Through this extension of the maintenance zone release deadline, the council will have legal timeframes until 2027 to apply for project implementation plan approval, thus giving them the necessary leeway to promote the redevelopment project. This ensures the project's sustainability and allows for the creation of large residential complexes that meet housing demand and improve the residential environment. Ultimately, it is projected that Saha-gu will grow into a new residential center and play a significant role in enhancing regional value.