The Essence of Zai: Approval of the business implementation plan for the reconstruction of Seomyeon Samik Apartment and the Dangam 1-1 District.


Xi The Essentia, approval of redevelopment of Seomyeon Samik Apartment / Announcement of business implementation plan approval for Danggam 1-1 District Redevelopment Project

- Information on the number of households and sales in the area of 175-2 Danggam-dong, Busanjin-gu

Xi The Essentia, Redevelopment of Seomyeon Samik Apartment

The 'Danggam 1-1 District Redevelopment Project' in the vicinity of 175-2 Danggam-dong, Busanjin-gu, is officially starting the redevelopment as the business implementation plan approval will be announced on November 12, 2025. In October, there was a public exhibition and notice for the approval of the business implementation plan, and the approval was confirmed within a month. This is expected to have a significant impact on regional development.



This project covers a site area of 70,815㎡ and has a total floor area of 262,316㎡. It consists of a total of 11 buildings from 3 underground floors to 35 above ground floors, with a total of 1,377 households. GS Construction is in charge of the construction, and the brand name is set as 'Xi The Essentia'.

Xi The Essentia, Redevelopment of Seomyeon Samik Apartment

The allocation of exclusive areas for each household is as follows.

59㎡ types (A·B) consist of 460 households, 74㎡ types (A·B·C) consist of 185 households, 84㎡ types (A·B·C) consist of 600 households, 99㎡ types consist of 62 households, and finally, 112㎡ types consist of 70 households, reaching a total of 1,377 households. In particular, the mid to small-sized areas of 59~84㎡ account for about 90% of the total, making it suitable for real demand users.

The business implementation will take place for 10 years (120 months) from the date of approval, after which it will proceed to the approval of the management disposition plan and construction procedures.

Xi The Essentia, Redevelopment of Seomyeon Samik Apartment


The location of the complex is very advantageous. It is close to the main commercial areas of Seomyeon and is a double station area where subway lines 1 and 2 can be used together, providing high transportation convenience. In addition, various living convenience facilities such as Busan Citizens Park, Lotte Department Store, and Jeonpo Cafe Street are nearby, offering many benefits to residents. The educational environment is also excellent, with schools like Danggam Elementary, Busanjin Girls' Middle School, and Busanjin High School nearby, leading to high real residency demand.

Xi The Essentia, Redevelopment of Seomyeon Samik Apartment

The existing complex, known as the Danggam Seomyeon Samik Apartment, is an aging residential area that has been completed for over 40 years. It is expected that through this redevelopment, the area will transform into a landmark brand apartment.

The prices of newly constructed apartment complexes in the area, such as Seomyeon Vista Dongwon, Busan Citizens Park Vista Dongwon, Lotte Castle LaScent, and Buam Seohui Star Hills, are formed in the range of about 500 million to 700 million won based on a 84㎡ standard.

It is expected that the value of assets will rise once the new brand apartments are occupied.

Xi The Essentia, Redevelopment of Seomyeon Samik Apartment

This approval includes plans for the installation of various maintenance infrastructure such as parks, roads, parking lots, and social welfare facilities. A street park (4,825㎡), a children's park (2,119㎡), a parking lot (1,510㎡), and social welfare facilities (550㎡) are planned to be established, which is expected to provide many benefits to local residents.



Xi The Essentia, Redevelopment of Seomyeon Samik Apartment

The redevelopment project in the Danggam 1-1 District within Busan's urban area is the fastest ongoing project among the maintenance of aging residential areas. This project is expected to play an important role in improving the residential environment of the Seomyeon area and increasing regional value.





Busan Metropolitan City Busanjin-gu Announcement No. 2025-180


Announcement of business implementation plan approval for Danggam 1-1 District Redevelopment Project

The Danggam 1-1 District Redevelopment Project at 175-2 Danggam-dong, Busanjin-gu, designated as a maintenance district and determined the maintenance plan according to Busan Metropolitan City's Announcement No. 2019-294 (October 23, 2019) and announced the changes to the maintenance district and maintenance plan according to Busan Metropolitan City's Announcement No. 2024-381 (November 6, 2024) is approved for business implementation according to Article 50 Section 1 of the Urban and Residential Environment Maintenance Act and announced under the provisions of Article 50 Section 7 of the same act and Section 10 subsection 3 of the Enforcement Rules of the same act, and matters subject to deemed processing under Article 57 Section 1 of the same act are regarded as announced according to the applicable laws.



November 12, 2025

Mayor of Busanjin-gu, Busan



1. Type and name of maintenance business
a. Type: Redevelopment maintenance business
b. Name: Danggam 1-1 District Redevelopment Maintenance Association

2. Location and area of the maintenance district
a. Location: Around 175-2 Danggam-dong, Busanjin-gu, Busan
b. Area: 70,815㎡

3. Name and address of the business operator
a. Name: Danggam 1-1 District Redevelopment Maintenance Association (Chairman Kim Gi-seong)
b. Address: 26 Danggam-ro, Busanjin-gu, Busan

4. Period of implementation of the maintenance business:
120 months from the date of approval for business implementation

5. Date of approval for business implementation:
November 7, 2025.

6. Description of land or buildings to be acquired or used and rights beyond ownership
: Not applicable.

7. Matters related to building site area, building coverage ratio, floor area ratio, height, and intended use



CategoryDetailsCategoryDetails
Site Area70,815㎡Building Area9,652.4342㎡
Building Coverage Ratio17.31%Total Floor Area262,316.6814㎡
Floor Area Ratio269.23%Maximum Height104.2M
Intended UseMulti-family Housing (Apartment) and Auxiliary FacilitiesNumber of Floors3 basement/35 above ground
Number of Buildings11 Apartment BuildingsNumber of Households1,377 Households

8. Housing scale and construction plan

Supply CategoryHousing TypeNumber of BuildingsNumber of HouseholdsNumber of Households by Housing Scale (based on exclusive area,㎡)
SaleMulti-family Housing11 Buildings1,37759.9874(59A)59.9836(59B)74.9924(74A)74.9938(74B)74.9948(74C)84.9908(84A)84.9810(84B)84.9474(84C)99.3432(99)112.9299(112)
357 Households103 Households61 Households60 Households64 Households363 Households173 Households64 Households62 Households70 Households


9. Matters related to the attribution and transfer of maintenance infrastructure under Article 97 of the Urban and Residential Environment Maintenance Act
〇 Maintenance infrastructure to be abolished
〇 Newly installed maintenance infrastructure
a. Roads

NameScaleCost BurdenNotes
Width (m)Length (m)Number of LotsAreaBurden BearerBurden Details
Secondary Road No. 2-78~15326(265)291,950Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden
Middle Road No. 2-527188051,443Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden
Middle Road No. 2-2215~25932(168)111,700Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden
Wide Road No. 3-940~502,950(191)6616Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden
Road 14532352Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden


b. Parks

NameScaleCost BurdenNotes
AreaNumber of LotsBurden BearerBurden Details
Street Park4,82520Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden
Children's Park2,11933

d. Parking lots

NameScaleCost BurdenNotes
AreaNumber of LotsBurden BearerBurden Details
Parking Lot1,5101Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden

e. Social Welfare Facilities



NameScaleCost BurdenNotes
AreaNumber of LotsBurden BearerBurden Details
Social Welfare Facility5502Danggam 1-1 District Redevelopment Maintenance AssociationTotal installation cost burden


10. Matters related to the agencies approving and permitting under other laws
a. Approval of the business plan under Article 15 of the Housing Act
b. Building permit under Article 11 of the Building Act
c. Designation of the business operator of urban planning facilities under Article 86 of the National Land Planning and Utilization Act and permission of the implementation plan under Article 88 of that law
d. Matters related to the approvals and permits under Article 57 of the Urban and Residential Environment Maintenance Act
(if relevant documents as determined by that law are submitted along with it)

11. Content of the urban planning facility business implementation
a. Location of the business implementation area: 175-2 Danggam-dong, Busanjin-gu, Busan
b. Type of the business: Urban planning facilities (road), park, parking lot, social welfare facility
c. Scale of the business

〇 Urban planning facilities (roads)

ScaleTotal Length (m)Starting PointEnding PointInitial Decision DateNotes
NameTypeNumberWidth (m)
Secondary Road278~15326(265)Danggam-dong 818-129Danggam-dong 445-5Announcement No. 646 (1974.11.7.)
Middle Road25271880Danggam-dong Middle 2-22Danggam-dong 458-3Announcement No. 381 (2024.11.6.)
Middle Road22215~25932(168)Danggam-dong Wide 3-9Danggam-dong 527-2Decision No. 308 (1938.4.5.)
Wide Road3940~502,950(191)Buam-dong 234-1Gaegeum-dong 508Announcement No. 334 (1998.5.8.)

〇 Maintenance infrastructure (road)

NameLocationScaleInitial Decision DateNotes
Width (m)Length (m)Area (㎡)
Maintenance Infrastructure (Road 1)In the vicinity of 447-1 Danggam-dong653352Announcement No. 646 (1974.11.7.)


〇 Parks

Facility NameLocationArea (㎡)Notes
Street ParkIn the vicinity of 176-6 Danggam-dong4,825
Children's ParkIn the vicinity of 447-3 Danggam-dong2,119

〇 Parking Lots

Facility NameLocationArea (㎡)Notes
Parking LotIn the vicinity of 447-1 Danggam-dong1,510

〇 Social Welfare Facilities



Facility NameLocationArea (㎡)Notes
Social Welfare FacilityIn the vicinity of 447-1 Danggam-dong550


f. Name and address of the business operator
〇 Operator: Danggam 1-1 District Redevelopment Maintenance Association (Chairman Kim Gi-seong)
〇 Address: 26 Danggam-ro, Busanjin-gu, Busan

g. Business period: 120 months from the date of business implementation approval

h. Matters regarding the attribution and transfer of public facilities under Article 65 of the National Land Planning and Utilization Act: Follow Busan Metropolitan City Announcement No. 2020-123 and Article 97 of the Urban and Residential Environment Maintenance Act and related laws

i. Related documents: Omitted

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Category
Announcement
Agency Category
District
Agency
Busanjin-gu
Announcement No.
2025-180
Title
Announcement of business implementation plan approval for Danggam 1-1 District Redevelopment Project
Date
November 12, 2025

Seomyeon Samik Apartment: 17 Danggam-ro, Busanjin-gu, Busan


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Frequently Asked Questions (FAQ)

Q. What are the main contents of the Danggam 1-1 District Redevelopment Project?
It is a project to redevelop the 1,377 households Xi The Essentia apartments in Danggam-dong, Busanjin-gu.

The Danggam 1-1 District Redevelopment Project is a project to construct a total of 1,377 households of Xi The Essentia brand apartments on a site of 70,815㎡ at 175-2 Danggam-dong, Busanjin-gu. It is being constructed by GS Construction and is composed of 11 buildings from 3 underground floors to 35 above ground floors. This project received the approval for business implementation plan on November 12, 2025, and the duration of the maintenance project is 10 years (120 months).

Q. What is the location of the project site and how convenient is transportation?
It is a double station area near the main commercial area of Seomyeon, making transportation and living convenience very excellent.

The Danggam 1-1 District is located in Danggam-dong, Busanjin-gu, and boasts a convenient location close to the main commercial area of Seomyeon. The nearby subway lines 1 and 2 make it a double station area with excellent transportation accessibility, and various living convenience facilities such as Busan Citizens Park, Lotte Department Store, and Jeonpo Cafe Street are nearby, increasing residents' satisfaction with their living. Additionally, it has an excellent educational environment with schools like Danggam Elementary, Busanjin Girls' Middle School, and Busanjin High School nearby.

Q. What is the scale of the housing and the configuration of the apartment types?
It consists of a total of 1,377 households, with small and medium-sized types of 59~84㎡ accounting for about 90%.

The redeveloped Xi The Essentia complex comprises 460 households of 59㎡ types (A·B), 185 households of 74㎡ types (A·B·C), 600 households of 84㎡ types (A·B·C), 62 households of 99㎡ types, and 70 households of 112㎡ types. The mid to small-sized areas of 59~84㎡ account for about 90% of the total households, offering suitable housing sizes and configurations for real demand users.

Q. What is the duration of the redevelopment project and the upcoming procedures?
It will be conducted for 10 years from the date of business implementation approval, followed by the approval of the management disposition plan and construction.

The Danggam 1-1 District Redevelopment Maintenance Project received its implementation approval on November 7, 2025, and the duration of the project is 120 months (10 years). During this period, the redevelopment will take place, and after completing the project, there will be the approval of the management disposition plan and construction procedures for the housing construction and move-in. This is a procedure for the smooth advancement of the project and to protect residents' rights and interests.

Q. What regional effects and asset values can be expected from this redevelopment?
The aging complex is expected to transform into a landmark brand apartment, and asset value appreciation is anticipated.

The existing Danggam Seomyeon Samik Apartment is an aging residential area that has been built for over 40 years. Through this redevelopment project, it is expected to transform into a landmark apartment of the Xi brand, and considering the current market prices of newly constructed apartments in the area (around 500 million to 700 million won for 84㎡), an increase in asset value is anticipated. Additionally, the improvement in the residential environment and the expansion of maintenance infrastructure are expected to significantly enhance the residential competitiveness of the Seomyeon area.

Q. What does the plan for installing maintenance infrastructure include?
Street parks, children's parks, parking lots, and social welfare facilities will be newly established.

This redevelopment project includes plans for various maintenance infrastructure installations aimed at improving residents' welfare and the environment. Specifically, it includes a street park of 4,825㎡, a children's park of 2,119㎡, a parking lot of 1,510㎡, and social welfare facilities of 550㎡ in size. These infrastructures are expected to greatly contribute to providing a pleasant living environment and enhancing residents' convenience.


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