Will the construction of the Yongho-dong Igidae Seokjari W Apartment be re-initiated through a resolution from the joint committee for housing construction projects?

Conditional Review Passed for Busan Igidae Apartment Construction

Yongho-dong Igidae Seojari Apartment Construction Plan

The construction project for the Igidae Apartment at 973 Yongho-dong, Nam-gu, Busan has received conditional approval from the Housing Construction Project Joint Committee. This project is being pushed by MLC, a subsidiary of IS Dongseo, and it has been resumed after voluntarily being withdrawn last year.

The new plan consists of two 28-story buildings totaling 308 units, which is a reduced and modified form from the previous plan of three buildings with 319 units.

Yongho-dong Igidae Seojari Apartment Construction Plan

The Joint Committee reviewed four main areas: landscape, architecture, traffic, and development permit. Although traffic and development permits were passed, there were conflicting opinions in the landscape and architecture areas, necessitating a review by a subcommittee.

Committee members expressed concerns that the public walking space and contribution plan proposed by the developer lacked practical openness and could be privatized. Additionally, criticisms were raised that the scale, floor area ratio, and design did not harmonize with the natural landscape of Igidae.




Background of Past Withdrawal and Resumption

Yongho-dong Igidae Seojari Apartment Construction Plan

IS Dongseo had planned to start this project in 2024, but it was halted due to opposition from local residents and civic organizations, controversies over the review process, and issues with the floor area ratio. After a year, they decided to modify parts of the plan and resume the project.

In particular, the reasons for last year's project withdrawal appear to be primarily driven by opposition from civil society, a slowdown in the construction market, and concerns about high sale prices. Recent analyses suggest that construction costs are increasing due to rising material and labor costs, and the project is currently under significant difficulty due to the increased risk of unsold units in a stagnant sale market.




Public Opposition and Developer's Position

Yongho-dong Igidae Seojari Apartment Construction Plan

The Igidae Seojari Apartment construction project continues to face opposition from the local community. Residents are concerned about environmental destruction, lack of public interest, and damage to the Igidae landscape. In response, civic groups like the Busan Green Trust have warned of continuous monitoring, stating that the site will suffer from development pressure.

Meanwhile, the developer, IS Dongseo, has stated that they plan to thoroughly analyze the committee's concerns and prepare a revised proposal. This indicates a high likelihood of the project undergoing another review process through supplementation. This situation is expected to greatly impact the future direction of the project.




Personal Opinion

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Despite increasing criticism regarding apartment construction permits in Busan, building apartments on private land is the owner's right. Public agencies cannot completely obstruct this, and I believe that indiscriminate criticism is not desirable.

However, public interest, harmony with the landscape, and traffic issues must be considered. If apartments are to be constructed, I hope they will harmonize well with the area and be high-quality buildings.

Yongho-dong Igidae Seojari Apartment Construction Previous Bird's Eye View

It is disappointing that the recently released bird's eye view feels like a step back compared to before. As the design aspect does not meet expectations, I hope that the future supplementation process will effectively reflect the opinions of the local community and environmental factors.




Conclusion

Yongho-dong Igidae Seojari Apartment Construction Plan

The construction plan for the Yongho-dong Igidae Seojari W Apartment is currently in a conditionally approved state, awaiting a final decision through a re-review. If the required conditions are met, there is a high likelihood of obtaining mostly positive results at the next review.

This construction project serves as a significant case that prompts consideration of how to balance property rights and public interests, and it is expected to become an important touchstone in the urban development policy of Busan.

Citizens are anticipated to closely monitor the future direction of this project, leading to increased attention to the community's reactions and opinions.

Yongho Marina: 66-11 Bunpo-ro, Nam-gu, Busan



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Frequently Asked Questions (FAQ)

Q. What is the reason why the Igidae Seojari W Apartment construction project in Yongho-dong, Busan has passed the conditional review?
The project proposal left some issues in the landscape and architecture areas, but traffic and development permits were passed, leading to conditional approval.

The Igidae Apartment construction project being promoted at 973 Yongho-dong, Nam-gu, Busan was reviewed by the Housing Construction Project Joint Committee in four areas: landscape, architecture, traffic, and development permit. While traffic and development permits were passed without issue, there were conflicting opinions in the landscape and architecture areas. In particular, a lack of practical openness for the public walking space and issues of harmony with the natural landscape were raised, necessitating a re-review by a subcommittee. As a result, it received conditional approval, with a final decision to be made following the submission of supplementary plans.

Q. Why was the Igidae Apartment construction plan withdrawn in the past?
The project was halted last year due to citizen opposition, a slowdown in the construction market, and concerns about high sale prices.

IS Dongseo had planned to start the project in 2024, but it was temporarily halted due to opposition from local residents and controversies in the review process. Major reasons for withdrawal included concerns from civil society about environmental protection and damage to landscapes, economic difficulties due to a slowdown in the construction market, and fears that rising sale prices would hinder market demand. Recently, the increase in construction material and labor costs, combined with the stagnation of the sale market, has raised concerns about the feasibility of the project moving forward.

Q. What is the position of local residents and civic organizations regarding the apartment construction project?
They show strong opposition due to concerns about environmental destruction and damage to the landscape.

The Igidae Seojari apartment construction project continues to face significant backlash from the local community. Residents criticize that the project will harm the natural environment and may become privatized without public interest. Civic organizations such as the Busan Green Trust are warning about the negative impacts of development pressure and have announced continuous monitoring. They demand practical use of public walking spaces and harmony with the landscape while urging for improvements.

Q. What actions does IS Dongseo plan to take during the review process?
They are analyzing the identified issues to prepare a revised proposal and are preparing for re-review.

The developer IS Dongseo is currently reviewing the committee's concerns closely. They are preparing supplementary proposals to address the concerns raised in landscape and architecture and plan to seek re-review in the additional subcommittee based on these. The developer aims to reflect the demands of the local community and enhance public interest, while improving designs to harmonize with nature. This improvement process is expected to be a significant variable in the future direction of the project.

Q. What implications does this construction project have for Busan's urban development policy?
It is an important case for seeking a balance between property rights and public interests.

The Igidae Seojari apartment construction project is regarded as a case that reveals the balance issue between protecting private property rights and public interests. It suggests that Busan City should respect landowners' rights while balancing public interest demands such as landscape conservation, public interest assurance, and minimizing traffic impacts in future urban development policies. This project is expected to play a testing role in finding directions and policy approaches for urban development in Busan through the collection of opinions from local residents and civic organizations as well as leading to social consensus.

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