Results of the Architectural Review in Busan for 2025: Introduction to the Yeoncheon Market Redevelopment Project and Major Projects

2025 Busan City 11th Architectural and 12th Architectural Professional Committee Review Results

2025 Busan City 11th Architectural Committee Review Results
2025 Busan City 12th Architectural Professional Committee Review Results

On August 21, 2025, the results of the 12th Busan Metropolitan City Architectural Professional Committee and the 11th Architectural (Traffic) Committee held on August 26 have been summarized.

The Yeoncheon Market Redevelopment Project, located at 364-1 Yeonsandong, Yeonje-gu, was conditionally approved in the review. Additionally, the Hwangnyeongsan Observatory Cable Car Development Project at San 50-1 Jeonpo-dong, the One Centum Quantum Landmark Tower at 1502 U-dong, and the Minam Top Mart Oncheon Point residential complex in Dongnae-gu, also received conditional resolutions.

If the requirements presented in these review results are met, it will pave the way for a smooth transition to the next step.

Each project's location is as follows:
- The Yeoncheon Market Redevelopment Project will take place in the area of 364-1 Yeonsandong, Yeonje-gu.
- The Hwangnyeongsan Recreation Area Beacon Observatory Development Project will occur at San 50-1 Jeonpo-dong, Busanjin-gu.
- The One Centum Landmark Tower mixed-use construction project at 1502 U-dong in Haeundae-gu is also included.
- Lastly, mixed-use construction is planned for the area of 1250-1 Oncheon-dong, Dongnae-gu.

These diverse development projects are expected to contribute to the urban growth of Busan.

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu

On August 26, 2025, the Busan Metropolitan City Architectural Traffic Committee conditionally approved the Yeoncheon Market Redevelopment Project located at 364-1 Yeonsandong, Yeonje-gu. This approval allows the project to move to the next stage.

This review covers the mixed-use building plan proposed by the Yeoncheon Market Redevelopment Association. The project consists of two buildings with a total land area of 4,958.90㎡, four basement floors and 29 above-ground floors, with a total floor area of 39,760.40㎡. The building coverage ratio is 57.85%, and the floor area ratio is 489.71%. The highest height reached is 93.62m, including residential, elderly care facilities, and commercial areas.

This large-scale project is expected to have a positive impact on local development.

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu

The construction company for the Yeoncheon Market Redevelopment Project has been decided to be Ssangyong Engineering & Construction, with a general meeting held on December 17, 2022. The construction cost for this project is estimated at approximately 83.4 billion won.

This project, to be developed in a mixed-use format, is branded as ‘The Platinum’, consisting of two buildings with five basement floors and 30 above-ground floors, comprising a total of 248 households.

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu

Located across from Yeonsan The Sharp Park City, this project aims to transform the traditional commercial area of the Yeoncheon Market into a modern mixed-use complex. Currently, the Yeoncheon Market has lost its original function, and this redevelopment project is being promoted to improve this status. Following procedures similar to those of redevelopment projects, it is expected to contribute to revitalizing the declining commercial area.

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu

The proposed architectural plan that resulted from the review included various elements. First, securing external staircase space around the main entrance, installing inspection openings (PIT), and utilizing management space were highlighted. Additionally, improvements in facade design, adjustments for fire truck parking, installation of solar panels, enhancement of internal pathways, diversification of base design, adjustments in color planning, and consideration of community characteristics were recommended.

Various requirements were also presented concerning traffic issues. This includes underground electrical poles, ensuring pedestrian width when installing convenience facilities, providing turnaround space, and examining traffic safety facilities.

This plan focuses on revitalizing modern residential and commercial spaces and is connected with Ssangyong Engineering & Construction's securing of the mixed-use project contract and is being considered as a significant example of local regeneration. It is hoped that such efforts will bring positive changes to the community.

Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu


Owner:
Yeoncheon Market Redevelopment Association
Land Status:
Location: Area of 364-1 Yeonsandong, Yeonje-gu, Busan
Land Area: 4,958.90㎡
Zoning: Semi-residential area, Historic and Cultural Environment Preservation Area, Market Redevelopment Area
Building Status:
Building Area: 2,868.8897㎡
Building Coverage Ratio: 57.85%
Number of Floors: 4 basement / 29 above-ground
Main Use: Residential, Elderly Care Facilities, Commercial Facilities
Structure: Reinforced concrete
Number of Buildings: 2
Total Floor Area: 39,760.3994㎡
Floor Area Ratio: 489.71%
Maximum Height: 93.62m
Review Result: Conditional Resolution

Yeoncheon Market: 28, Gwa Jeong-ro 276, Yeonje-gu, Busan
Yeoncheon Market Redevelopment Project - Area of 364-1 Yeonsandong, Yeonje-gu



Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu

Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu

On August 21, 2025, the Hwangnyeongsan Observatory and Cable Car Development Project located at San 50-1 Jeonpo-dong, Busanjin-gu passed conditionally in the 12th review held by the Busan Metropolitan City Architectural Professional Committee. This project is now on the verge of construction.

Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu

The main content of this review is a mixed development plan proposed by Sain Development Co., Ltd., which includes tourist recreational facilities, cultural and assembly facilities, and neighborhood living facilities. This project consists of three buildings with four basement floors and 24 above-ground floors, with a total floor area of 47,069.85㎡.

The maximum height is set at 118.36m, with a low building coverage ratio of 0.73% and a low floor area ratio of 1.49%. This reflects a low-density design that takes into account the characteristics of natural green areas and semi-preserved mountain areas. In this respect, the development plan is being promoted in harmony with the local environment.

Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu

The city of Busan is currently progressing with the construction plan for the ‘Beacon Observatory and Cable Car Stage 1’ project, with an estimated total project cost of around 2.2 trillion won, aiming to boost tourism.

On the summit of Hwangnyeongsan, a 125m tall beacon observatory is planned, including a 360-degree panorama viewing window and a historical cultural exhibition hall, as well as a media art facility. Furthermore, the cable car is designed to connect the Hwangnyeongsan Sports Park in Jeonpo-dong and the observatory over a stretch of 539m.

The implementing company aims to commence construction within the year, expecting to become a new landmark in Busan. This project, which will provide a unique experience for tourists, is anticipated to have a positive impact on the local economy.

The committee conditionally resolved this project while requiring various detailed improvements in different fields.

In the structural field, it recommended strengthening the details and structural review of the connections of the space frame and main steel structure. Additionally, it insisted on clearly stating the CFT method for the observatory pillars, and enhancing technical completeness through the review of the responsible engineer.

In construction, it requested a re-evaluation of the appropriateness of blasting methods, as well as a plan for emergency elevators and maintenance measures.

In the equipment field, the economic feasibility of renewable energy plans and their greenhouse gas reduction effects should be examined, along with specific plans for thermal source facilities and ensuring safety for cooling and heating. The design refinement in applying low-reflective glass was also emphasized.

Finally, regarding soil and foundation, additional ground survey plans and a review of soil retention and foundation designs are necessary. Re-testing of load tests and assessment of the stability of geogrid retaining walls and the establishment of entry and safety management plans for construction vehicles were also proposed as conditions.

Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu

This review emphasized the symbolic meaning and tourism value of Hwangnyeongsan development. However, a responsible attitude stressing the need to enhance technical and environmental completeness was also highlighted. The implementing company plans to submit the necessary supplementary materials in the future, expressing a commitment to develop into a landmark that encompasses architectural cultural significance and the public nature of the local community.

Hwangnyeongsan Recreation Area Beacon Observatory Development Project - Area of San 50-1 Jeonpo-dong, Busanjin-gu


Owner:
Sain Development Co., Ltd.
Land Status:
Location: Area of San 50-1 Jeonpo-dong, Busanjin-gu, Busan (Related number San 35-3)
Land Area: 55,888㎡
Land Use Zone/Area/District: Natural Green Area, Semi-preserved Mountain Area, Recreation Area, Other Park Facilities
Building Status:
Building Area: 11,132.5㎡
Building Coverage Ratio: 0.73%
Number of Floors: 4 basement / 24 above-ground
Main Use: Tourist Recreation Facilities, Cultural and Assembly Facilities, Neighborhood Living Facilities
Structure: Composite structure including reinforced concrete
Number of Buildings: 3
Total Floor Area: 47,069.85㎡
Floor Area Ratio: 1.49%
Maximum Height: 118.36m
Review Result: Conditional Resolution

Hwangnyeongsan Beacon Observatory (Scheduled for 2026): San 50-1, Jeonpo-dong, Busanjin-gu, Busan

One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu

One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu

According to the results of the 12th Busan Metropolitan City Architectural Professional Committee review, the construction plan for the ‘Heinz Quantum Landmark Tower (One Centum)’ located at 1502 U-dong, Haeundae-gu has been conditionally approved. This opens the possibility for the final confirmation once the revised plans are submitted after supplementary work.

One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu

This project is a large-scale mixed development being executed through a REIT jointly established by the American real estate developer Heinz and PIA. The area of the site reaches approximately 9,911㎡, consisting of six basement floors and 60 above-ground floors, totaling around 182,000㎡ in floor area.

This will include office spaces, 207 officetels, fitness facilities, as well as commercial and neighborhood living facilities. This project is known as 'One Centum' and is planned to be the fourth tallest building in Busan, with an estimated final height of around 310.3m, designed as a 60-story building.

The committee proposed several conditions to enhance the technical completeness in the structural, construction, equipment, and foundation fields. For example, it is important to review the structural stability of cantilever slabs and ensure the quality of column joints. Additionally, enhancements in seismic and evacuation plans, renewable energy plans, ground investigation, and the stability of retaining walls were emphasized as necessary.

These requirements are expected to contribute to improving the overall safety and efficiency of the project.

One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu

The conditional resolution is a decision acknowledging the direction and feasibility of the plan, which can effectively confirm the building permit if the supplementary items presented are adequately reflected in the execution.

The ‘One Centum’ project is a landmark redeveloping the Sagasami site of Centum City, which has been neglected for 20 years, receiving attention as a space combining advanced office and residential centered around quantum computing. The implementing company expressed its intention to submit supplementary materials in the future and aims to complete it as a new symbol encompassing city scenery and technological prowess.

One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu


Owner:
PIA Heinz Quantum Landmark Tower Busan General Private Equity Real Estate Investment Company
Land Status:
Location: Area of 1502 U-dong, Haeundae-gu, Busan
Land Area: 9,911.2㎡
Land Use Zone/District/Area: Central Commercial Area, Local Industrial Complex, Fire Protection District, District Unit Plan Area, Support Facility Area
Building Status:
Building Area: 5,218.12㎡
Building Coverage Ratio: 52.65%
Number of Floors: 6 basement / 60 above-ground
Main Use: Office Facilities (Offices), Officetel (207 units), Fitness Facilities, Commercial Facilities, Neighborhood Living Facilities
Structure: Reinforced concrete and other structures
Number of Buildings: 1
Total Floor Area: 182,081.52㎡
Floor Area Ratio: 1,078.86%
Maximum Height: 303.9m
Review Result: Conditional Resolution

Centum City Station, Busan Line 2: 76, Centumnam-daero, Haeundae-gu, Busan
One Centum / Landmark Tower Mixed Development Construction in 1502 U-dong, Haeundae-gu

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu

On August 21, 2025, the 12th Busan Metropolitan City Architectural Professional Committee was convened. During this meeting, the development of a residential complex on the site of 'Minam Top Mart Oncheon Point' at 1250-1 Oncheon-dong, Dongnae-gu was conditionally resolved.

This project is led by Jimin Construction Co., Ltd. under the name 'Dongnae Eco Palace Asiad 2', and supplementary work is currently underway to meet the conditions. Once this supplementation is completed, the likelihood of final approval appears high.

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu

This project is planned as a high-rise residential complex with a land area of 3,003.1㎡. It is sized to include 7 basement floors and 46 above-ground floors, comprising 291 apartment units and various neighborhood living facilities.

The total floor area is about 54,555.5㎡, with a building coverage ratio of 65.25% and a floor area ratio of 1,239.24%. The maximum height of this building is expected to be 162.22m, anticipated to dramatically change the skyline of the Dongnae area.

This project received approval during the 6th review held by the Busan Architecture Committee in 2025.

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu

The committee requested technical supplementation in various fields. A performance-based seismic design review and a Peer Review report submission are needed in structural, construction, equipment, and foundational aspects. It is particularly important to supplement the details of cantilever and column joints, securing structural integrity through the signature and seal of a structural engineer.

Additionally, quality management of recycled materials and safety measures for equipment, including solar panels, were also required. A thorough review of cooking hoods and exhaust plans will also contribute to enhancing the completeness of equipment design.

Finally, optimizing the load-bearing capabilities of piles and ensuring soil stability through GPR exploration plans were presented as essential conditions. These matters are expected to serve as critical factors for the successful advancement of the project.

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu

'Dongnae Eco Palace Asiad 2' is noted as a good case of residential complex urban regeneration, given that 'Minam Top Mart Oncheon Point' commercial facilities are located here. However, specific construction commencement dates or progress have not yet been disclosed.

This conditional resolution shows the committee's responsible attitude, acknowledging the feasibility and direction of the plan, while ensuring rigorous verifications regarding safety and the environment. The implementing company expressed its intention to reflect the proposed supplementary items faithfully, aiming to complete a residential complex considering both local residents and the urban landscape.

Mixed-use Construction in 1250-1 Oncheon-dong, Dongnae-gu


Owner:
Jimin Construction Co., Ltd.
Land Status:
Location: Areas of 1250-1 Oncheon-dong, Dongnae-gu, Busan and three other lots
Land Area: 3,003.1㎡
Land Use Zone/District/Area: General Commercial Zone, Fire Protection District, Area with Height Limit by Zone
Building Status:
Building Area: 1,959.4076㎡
Building Coverage Ratio: 65.25%
Number of Floors: 7 basement / 46 above-ground
Main Use: Residential (291 apartment units), Neighborhood Living Facilities
Structure: Reinforced concrete structure
Number of Buildings: 2
Total Floor Area: 54,555.5092㎡
Floor Area Ratio: 1,239.24%
Maximum Height: 162.22m
Review Result: Conditional Resolution

Top Mart Oncheon Point: 215, Asiad-daero, Dongnae-gu, Busan

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Frequently Asked Questions (FAQ)

Q. What are the main contents and location of the Yeoncheon Market Redevelopment Project?
The Yeoncheon Market Redevelopment Project is located in the area of 364-1 Yeonsandong, Yeonje-gu, Busan, and has passed the conditional review for a mixed-use complex.

The Yeoncheon Market Redevelopment Project is a mixed-use construction project located in the area of 364-1 Yeonsandong, Yeonje-gu, Busan. The land area is approximately 4,958.9㎡, comprising two buildings of four basement floors and 29 above-ground floors with a total floor area of about 39,760㎡, including residential, elderly care facilities, and commercial facilities.

This project aims to redevelop the existing declining Yeoncheon Market into a modern mixed-use complex. The conditional review received approval from the Busan City Architectural Traffic Committee in August 2025, and it is expected to proceed to the next stage once the supplements are completed. The construction company is Ssangyong Engineering & Construction, and the project cost is estimated at around 83.4 billion won.

Q. What is the plan for the Hwangnyeongsan Recreation Area Beacon Observatory Development Project?
The Hwangnyeongsan Observatory and cable car development project is a tourism development project located in the area of San 50-1 Jeonpo-dong, Busanjin-gu, and has conditionally passed the review.

The Hwangnyeongsan Beacon Observatory and cable car Stage 1 project is a mixed tourism development project being pursued in the area of San 50-1 Jeonpo-dong, Busanjin-gu, with a total project cost of approximately 2.2 trillion won. The observatory is planned to be 125m high, featuring a 360-degree panoramic view, exhibition area, and media art facilities, while the cable car is designed to cover a 539m section.

In August 2025, it was conditionally approved by the Busan Metropolitan City Architectural Professional Committee, requiring detailed improvements in structural, construction, and equipment fields. This low-density development is designed to enhance technical completeness and safety, while harmonizing with the environment, and is expected to contribute to regional tourism revitalization.

Q. What is the overview and review result of the One Centum (Heinz Quantum Landmark Tower) construction project?
One Centum Tower is a 60-story mixed-use development located at 1502 U-dong, Haeundae-gu, and has passed the conditional review.

The One Centum Quantum Landmark Tower project is underway in the area of 1502 U-dong, Haeundae-gu, Busan, designed with a land area of 9,911㎡, six basement floors, and 60 above-ground floors. The total floor area reaches approximately 182,000㎡, including office spaces, 207 officetel units, fitness facilities, and commercial and neighborhood living facilities. The maximum height is expected to be around 303.9m, making it the fourth tallest building in Busan.

It received conditional approval from the Busan Metropolitan City Architectural Professional Committee in August 2025, requiring various improvements in structural stability, renewable energy planning, seismic design, and construction quality. Once completed with the supplements, it is expected to become a landmark combining advanced work and residential space.

Q. What are the characteristics and review status of the mixed-use complex at 1250-1 Oncheon-dong, Dongnae-gu?
The mixed-use complex in Dongnae-gu Oncheon-dong 1250-1 is a 46-floor apartment complex with 291 units and has passed the conditional review.

The 'Dongnae Eco Palace Asiad 2' project is a high-rise mixed-use complex located in Dongnae-gu Oncheon-dong at 1250-1 and three additional lots, with a land area of 3,003㎡. It consists of seven basement floors and 46 above-ground floors, including 291 residential units and neighborhood living facilities, with a total floor area of around 54,555㎡ and a maximum height of 162.22m.

In 2025, it received conditional approval from the Busan City Architectural Committee and is currently undergoing design supplements, requiring various improvements in seismic design, structural safety, and equipment safety. Once completed, it is expected to be a landmark that will change the regional skyline.

Q. What does conditional approval mean in Busan City's architectural review?
Conditional approval indicates that while the plan is acknowledged, final approval is contingent upon meeting supplementary conditions.

Conditional approval in Busan City's architectural review means that the submitted building plan is recognized for its basic direction and feasibility, but some technical and design supplements are required. The committee presents supplement requirements in various fields, including structure, construction, equipment, safety, and environment, and if adequately reflected, the building permit will be finally approved.

This method ensures the safety and completeness of the project while allowing urban development projects to progress smoothly. It is crucial for the implementing company to diligently carry out supplement work to successfully advance the project.

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