Table of Contents
Acro Haeundae / Redevelopment Project for District 5 Jungdong Announcement of Business Implementation Plan Approval
- Area of 785-8 Jungdong, Haeundae District
The business implementation plan for the redevelopment project of District 5 in Jung-dong, Haeundae, Busan has been approved. This plan was authorized on August 22, 2025, and announced on August 27.
The execution entity is the Jungdong District 5 Redevelopment Maintenance Project Association, with a project area of approximately 71,047㎡. The project duration has been set for a total of 120 months, and through redevelopment, 1,119 households will be supplied.
This project includes 9 buildings of residential apartments and supporting welfare facilities, consisting of 4 basement floors and 37 above-ground floors. The building footprint ratio is 19.30%, and the floor area ratio is 258.32%, with a planned maximum building height of 110.35m. This redevelopment project is expected to contribute significantly to the development of the local area.
| Acro Haeundae / Number of Households by Housing Scale in Redevelopment District 5 (based on exclusive area,㎡) | |||||
| 65.1541(65) | 74.3352(74) | 84.9580(84A) | 84.5402(84B1) | ||
| 32 | 38 | 29 | 83 | ||
| 84.7911(84B2) | 84.8532(84C1) | 84.6264(84C2) | 84.4853(84D) | ||
| 29 | 62 | 29 | 133 | ||
| 84.9357(84E) | 84.9839(84F) | 98.8650(98A) | 98.9886(98B) | ||
| 23 | 61 | 114 | 21 | ||
| 112.6089(112A) | 112.8347(112B) | 128.0762(128A) | 128.2107(128B) | ||
| 61 | 61 | 24 | 24 | ||
| 144.3216(144) | 97.4749(97T) | 131.0138(131A) | 131.1485(131B) | ||
| 24 | 12 | 6 | 6 | ||
| 146.4216(146) | 150.4659(150AP) | 150.4100(150BP) | 148.5298(148DP) | ||
| 6 | 1 | 1 | 1 | ||
| 201.5211(201AP) | 201.8526(201BP) | 230.2275(230DP) | 86.8352(86_LT) | ||
| 1 | 1 | 1 | 8 | ||
| 97.4580(97A_LT) | 97.0402(97B1_LT) | 97.2911(97B2_LT) | 97.3532(97C1_LT1) | ||
| 4 | 12 | 4 | 4 | ||
| 97.6992(97C1_LT2) | 97.1264(97C2_LT) | 96.9853(96D_LT) | 97.4357(97E_LT) | ||
| 4 | 4 | 20 | 4 | ||
| 97.4839(97F_LT) | 111.3650(111A_LT) | 111.4886(111B_LT) | 125.1089(125A_LT) | ||
| 8 | 16 | 4 | 8 | ||
| 125.3347(125B_LT) | 140.5762(140A_LT) | 140.7107(140B_LT) | 156.8216(156_LT) | ||
| 8 | 4 | 4 | 4 | ||
According to the housing supply plan, the newly introduced apartment for sale will consist of a total of 8 buildings and include 1,004 households. The exclusive area of these apartments varies from 65㎡ to a maximum of 230㎡, broadening the choices for residents.
The rental apartments consist of 115 units with three types ranging from 33㎡ to 44㎡.
In addition, a variety of special types of housing are included. For example, there are options for penthouses, terrace houses, and high-end floor types such as Type 144, 150AP/BP, 201AP/BP, and 230DP, targeting the high-end market.
In particular, special attention has been paid to the arrangement of the main building to maximize ocean views. These various options and specialized housing types are expected to appeal to prospective buyers.
The maintenance-based facilities include a small park ‘Osan 2’ with an area of 5,092㎡. Additionally, roads, ranging from 10 to 20 meters in width, and extending from 1,722 to 6,965㎡, will be newly installed by the association. These roads will be transferred to the managing authority free of charge for management.
Meanwhile, DL E&C has been independently entrusted with construction under the ‘Acro’ brand. This company was ultimately selected at the construction company selection general meeting held in July 2023, with the construction cost estimated at about 540.1 billion won. This project is structured from 3 basement levels to 37 above-ground levels, including a total of 1,149 households and commercial spaces.
The start of construction for the Acro Haeundae project was originally scheduled for June 2026, with completion planned for October 2029, but the schedule is expected to be delayed due to various factors. Additionally, this complex will be developed in collaboration with the world-renowned architectural design group Callison RTKL and landscape design specialist group swa, featuring luxurious exteriors and excellent landscaping, along with community facilities, to create a high-end complex.
The project is progressing very rapidly. The designation of the maintenance district was made on May 25, 2022, and the announcement for the change of maintenance plan is scheduled for October 2, 2024. The establishment of the association and the selection of the construction company are planned to be completed within 2023.
In July, a public announcement for the authorization of the business implementation plan and project recognition was made, and just two months later, on August 22, 2025, the authorization of the business implementation plan was announced. This speed has been praised as "speed of light" even within Haeundae District.
Considering the number of households, constructors (brands), progress status, location requirements, and expected effects comprehensively, this project provides a view of the Haeundae sea, and the transportation infrastructure is excellent. In particular, the proximity to Jungdong station on subway line 2 and the Ulsan expressway serves as a significant advantage.
Furthermore, well-established living and educational infrastructures, along with the development of the new Shin Haeundae station for KTX and the Osiria tourism complex, further enhance the locational appeal. These elements together suggest that the expected effects are substantial.
The ongoing redevelopment project in District 5 Jungdong is progressing rapidly, applying high-quality brands. Additionally, the combination of various floor plans and excellent locations with outstanding infrastructure is expected to establish it as a landmark high-end residential complex in Haeundae District.
Notification No. 2025-117 of Haeundae District, Busan Metropolitan City
Announcement of Business Implementation Plan Approval for the Redevelopment Project of District 5 Jungdong
Designated as a maintenance district and decided maintenance plan by Busan Metropolitan City Notification No. 2022-193 (May 25, 2022), and the change of maintenance district and maintenance plan announced by Busan Metropolitan City Notification No. 2024-322 (October 2, 2024), regarding the redevelopment project of District 5 in Jungdong, Haeundae District, Busan, in accordance with the provisions of Article 50 of the Urban and Residential Environment Maintenance Act, the business implementation plan is hereby announced according to the provisions of Paragraph 3 of Article 10 of the Enforcement Rule of the same law.
August 27, 2025
Mayor of Haeundae District, Busan Metropolitan City
1. Type and Name of Maintenance Project
a. Type: Redevelopment Project
b. Name: Redevelopment Project of District 5 Jungdong
2. Location and Area of Maintenance Project
a. Location: Area of 785-8 Jungdong, Haeundae District, Busan
b. Area: 71,047.00㎡
3. Name and Address of the Business Implementer
a. Implementer: Jungdong District 5 Redevelopment Maintenance Project Association (Chairperson Jeong Mi-kyung)
b. Address: 701, 17 Jungdong 1-ro, Haeundae District, Busan
4. Duration of Maintenance Project:
120 months from the date of business implementation plan approval
5. Date of Business Implementation Plan Approval:
August 22, 2025
6. Specifications of land or buildings to be acquired or used and specifications of rights other than ownership: attached
7. Matters related to building site area, building coverage ratio, floor area ratio, height, purpose, etc.
| Classification | Content | Classification | Content |
| Site Area | 71,047.00㎡ | Building Area | 10,470.4392㎡ |
| Building Coverage Ratio | 19.30% | Total Floor Area | 231,622.2322㎡ |
| Floor Area Ratio | 258.32% | Maximum Height | 110.35m |
| Purpose | Residential Buildings (Apartments) and Supporting Welfare Facilities | Number of Floors | 4 Basement Floors / 37 Above-Ground Floors |
| Number of Buildings | 9 buildings | Number of Households | 1,119 Households |
8. Housing Scale and Housing Construction Plan
| Supply Classification | Type of Housing | Number of Buildings | Number of Households | Number of Households by Housing Scale (based on exclusive area,㎡) | |||||
| Total | 9 | 1,119 | |||||||
| Rental | Apartments | 1 | 115 | 33.4200(33) | 36.0700(36) | 44.3317(44) | |||
| 34 | 64 | 17 | |||||||
| Sale | Apartments | 8 | 1,004 | 65.1541(65) | 74.3352(74) | 84.9580(84A) | 84.5402(84B1) | ||
| 32 | 38 | 29 | 83 | ||||||
| 84.7911(84B2) | 84.8532(84C1) | 84.6264(84C2) | 84.4853(84D) | ||||||
| 29 | 62 | 29 | 133 | ||||||
| 84.9357(84E) | 84.9839(84F) | 98.8650(98A) | 98.9886(98B) | ||||||
| 23 | 61 | 114 | 21 | ||||||
| 112.6089(112A) | 112.8347(112B) | 128.0762(128A) | 128.2107(128B) | ||||||
| 61 | 61 | 24 | 24 | ||||||
| 144.3216(144) | 97.4749(97T) | 131.0138(131A) | 131.1485(131B) | ||||||
| 24 | 12 | 6 | 6 | ||||||
| 146.4216(146) | 150.4659(150AP) | 150.4100(150BP) | 148.5298(148DP) | ||||||
| 6 | 1 | 1 | 1 | ||||||
| 201.5211(201AP) | 201.8526(201BP) | 230.2275(230DP) | 86.8352(86_LT) | ||||||
| 1 | 1 | 1 | 8 | ||||||
| 97.4580(97A_LT) | 97.0402(97B1_LT) | 97.2911(97B2_LT) | 97.3532(97C1_LT1) | ||||||
| 4 | 12 | 4 | 4 | ||||||
| 97.6992(97C1_LT2) | 97.1264(97C2_LT) | 96.9853(96D_LT) | 97.4357(97E_LT) | ||||||
| 4 | 4 | 20 | 4 | ||||||
| 97.4839(97F_LT) | 111.3650(111A_LT) | 111.4886(111B_LT) | 125.1089(125A_LT) | ||||||
| 8 | 16 | 4 | 8 | ||||||
| 125.3347(125B_LT) | 140.5762(140A_LT) | 140.7107(140B_LT) | 156.8216(156_LT) | ||||||
| 8 | 4 | 4 | 4 | ||||||
Regulations regarding maintenance-based facilities and land are specified in Article 97 of the law. In particular, matters concerning the newly installed maintenance-based facilities are important. These regulations contribute to the efficient operation and management of the facilities.
Classification
Announcement
District Classification
City and District
Authority
Haeundae District
Announcement Number
2025-117
Title
Announcement of Business Implementation Plan Approval for the Redevelopment Project in District 5
Date
August 27, 2025
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Frequently Asked Questions (FAQ)
Q. What are the main contents of the redevelopment project for District 5 in Haeundae?
The District 5 redevelopment project includes approximately 71,047㎡ of land with 1,119 housing units and supporting facilities.
The business implementer in the area of 785-8 Jungdong, Haeundae District, Busan, is the Jungdong District 5 Redevelopment Maintenance Project Association, and the total project duration is 120 months. It will consist of 9 buildings of residential apartments and supporting welfare facilities, with 4 basement floors and 37 above-ground floors planned. The building coverage ratio is 19.30%, the floor area ratio is 258.32%, and the maximum height of the building is planned to be 110.35m, with a great contribution to regional development.
Q. What is the scale and type of new housing supply?
It will provide a total of 1,119 households (1,004 for sale, 115 rental) with various sizes and luxury housing types.
The apartments for sale will consist of 8 buildings and 1,004 households with exclusive area ranging from 65㎡ to 230㎡. The rental apartments consist of 115 units with three types ranging from 33 to 44㎡ and are equipped with high-end floor plans such as penthouses, terrace houses, Type 144, 150AP/BP, 201AP/BP, and 230DP targeting the high-end market. The design maximizes ocean view to enhance resident satisfaction.
Q. What are the plans for maintenance-based facilities and park development?
It includes a small park Osan 2 of 5,092㎡ and the establishment of new roads with widths of 10-20m.
A small park “Osan 2” of 5,092㎡ will be created within the project site, and new roads ranging from 10 to 20 meters in width and extending 1,722 to 6,965㎡ will be constructed. These roads will be transferred to the managing authority for free after construction by the association, enabling systematic management. These infrastructures will contribute to a pleasant residential environment.
Q. What is the contractor and what is the scale and schedule of the construction?
DL E&C will construct under the Acro brand with a construction cost of 540.1 billion won, with a planned start in 2026.
DL E&C was selected as the construction company in July 2023 and will undertake the construction under the ACRO (Acro) brand. The construction cost is approximately 540.1 billion won, including a total of 1,149 households and commercial facilities, structured from 3 basement floors to 37 above-ground floors. The start of construction was originally scheduled for June 2026 and completion for October 2029, but the schedule is expected to be somewhat delayed.
Q. What is the speed of project progress and future outlook?
The designation of the maintenance district was completed quickly after the designation on May 25, 2022, up to the approval of the business implementation plan.
The designation of the maintenance district took place on May 25, 2022, and the change of the maintenance plan is scheduled for October 2, 2024. The establishment of the association and the selection of the construction company will also be completed within 2023, with the authorization of the business implementation plan announced on August 22, 2025. It is progressing rapidly, to the extent that it has been praised as ‘the speed of light’ in Haeundae District, and is expected to become a landmark high-end development with high-quality brands and infrastructure.
Q. What are the location and development incentives for this complex?
Proximity to Jungdong station and the Ulsan expressway, along with the development of KTX's new station and Osiria tourism complex, are incentives.
The complex features a beautiful view of the Haeundae sea and excellent transportation access due to proximity to Jungdong station on subway line 2 and the Ulsan expressway. Further upcoming developments, including the KTX’s new station Shin Haeundae and the Osiria tourism complex, increase the locational appeal. Coupled with well-established living and education infrastructures, high residential value is expected for prospective buyers.