Table of Contents
Mixed-use construction at the Yeonsandong Arabian Nights site
The approval of the housing construction project plan and urban management plan for the area around 1127-1 Yeonsandong, Yeonje-gu has been announced.
These decisions will be published with the related topographic maps of the district unit plan area and district unit plan.
A mixed-use construction project is underway at the former Arabian Nights site in Yeonsandong. Recently, the approval of the housing construction project plan and the decision on the district unit plan, along with the publication of the topographic map, have accelerated the project.
This project, located at 1127-1 Yeonsandong, Yeonje-gu, is designed as a high-rise mixed-use development. It will rise up to 49 floors with a height of approximately 159.8 meters and is planned to contain a total of 771 units, which is impressive.
The mixed-use construction project in Yeonsandong, Yeonje-gu is led by Hana Asset Trust. The site area is 9,994.7㎡, with a building area of about 5,811.9㎡. Additionally, the total floor area will reach approximately 160,840.7㎡, consisting of 4 buildings from 6 floors underground to 49 floors above ground.
This building is designed as an urban planning facility that includes residential units, auxiliary and welfare facilities, as well as sports facilities. This project is expected to provide various living facilities for local residents.
This project, having passed through various licensing procedures such as the review by the Architectural Committee and environmental impact assessments in mid-2025, seems to have quickly completed key approvals, including the announcement of the housing construction project plan approval and the district unit plan decision in November of the same year.
According to the announcement, the project plan has been approved under Article 15 of the Housing Act, and following the designation of the district unit plan area under the National Land Planning and Utilization Act, the decision on the district unit plan and the development license have been handled collectively, enhancing administrative efficiency.
However, at present, information regarding the construction company has not been verified. These processes are expected to positively impact the future progress of the project.
The location conditions are attractive. The area is a general commercial zone near Yeonsan Rotary, close to Yeonsan Intersection, a major transportation junction in the city. Once the mixed-use building is completed, it is expected to create a composite living area that integrates residential, commercial, and office spaces.
In addition, various infrastructures are planned, including open spaces and sports facilities, which will enhance the convenience of residents. Notably, the sports facilities (area 649.42㎡) are prominently arranged on the 1st and 2nd floors. A large-scale mixed-use development is also underway at the nearby Yeonsan Xi Gallery site, making the future of this area even more promising.
The duration of the project is set from May 31, 2026, to December 31, 2030, with completion aimed for the end of 2030. Yeonsandong is the administrative and commercial center of Yeonje-gu, and the construction of mixed-use buildings on the Arabian Nights site is expected to transform the skyline of Yeonsan Rotary and innovate the structure of commercial areas. However, due to the nature of large-scale high-rise complexes, managing traffic congestion, noise, and environmental issues during construction will be a critical challenge.
Busan Metropolitan City Yeonje-gu Notice No. 2025 – 91
Announcement of housing construction project plan approval and urban management plan (district unit plan area and district unit plan) decision topographic map
1. Regarding the application for housing construction project plan approval in the area around 1127-1 Yeonsandong, Yeonje-gu, approval has been granted in accordance with Article 15 of the Housing Act, and the following will be announced according to the provisions of Article 6 of the same law and Article 5 of the Enforcement Decree of the same law,
2. Decisions regarding urban management plans (district unit plan area and district unit plan) stipulated in Article 1 of Article 19 of the Housing Act will be announced, and decisions about development activity permits under Article 56 of the same law will be made public as well, following the provisions of Article 32 of the National Land Planning and Utilization Act and Article 27 of its Enforcement Decree and Article 8 of the Basic Land Use Regulation Act and Article 7 of its Enforcement Decree.
3. Related documents (topographic maps can be viewed at the land use site "http://eum.go.kr") are kept at the Building Department of Yeonje-gu (☎051)665-4604 for public and interested parties.
November 27, 2025
Mayor of Yeonje-gu, Busan Metropolitan City
1. Project Name
: Yeonje-gu Yeonsandong Mixed-use Construction Project
2. Project Entity
a. Name : CEO Min Kwan-sik of Hana Asset Trust Inc.
b. Address : 15th Floor, 127 Teheran-ro, Gangnam-gu, Seoul
3. Project Location and Scale
a. Location : Around 1127-1 Yeonsandong, Yeonje-gu, Busan
b. Site Area : 9,994.7㎡
c. Building Area : 5,811.8985㎡
d. Total Floor Area : 160,840.7359㎡
e. Scale : 4 buildings, 6 floors underground/49 floors above ground
f. Purpose : Residential units and auxiliary services, infrastructure (sports facilities)
4. Project Duration
: 2026. 05. 31. ~ 2030. 12. 31.
5. Matters subject to deemed approval under other laws
※ Under Article 19, Paragraph 1 of the Housing Act, matters subject to reporting or permission as stipulated in each individual law are deemed processed with this housing construction project plan approval.
a. Building permits under Article 11 of the Building Act
b. Decisions regarding urban management plans (district unit plan area and district unit plan) under Article 30 of the National Land Planning and Utilization Act
1) Decision records on the designation of the district unit plan area
| Classification | Map Display Number | District Name | Location | Area (㎡) | Remarks | ||
| Current | Change | After Change | |||||
| New | - | Yeonsandong District Unit Plan Area | Around 1127-1 Yeonsandong, Yeonje-gu | - | Increase) 9,994.7 | 9,994.7 | |
a) Reasons for the decision on the district unit plan area
| Classification | Map Display Number | Location | Area (㎡) | Reason for Change |
| New | - | Around 1127-1 Yeonsandong, Yeonje-gu | 9,994.7 | ◦ To secure a good residential environment and promote planned and systematic land use through the construction of residential units, it is intended to designate this as a district unit plan area. |
This is the decision content regarding the district unit plan under the urban management plan.
a) It is indicated that there are no changes in the decision record regarding the subdivision and changes of use zones and districts.
| Classification | Area (㎡) | Composition Ratio (%) | Remarks | ||
| Current | Change | After Change | |||
| Total | 9,994.7 | - | 9,994.7 | 100.0 | |
| General Commercial Zone | 9,994.7 | - | 9,994.7 | 100.0 | |
The arrangement and scale of infrastructure are determined according to the urban management plan.
The decision regarding the establishment of sports facilities is also included.
| Classification | Map Display Number | Facility Name | Facility Type | Location | Area (㎡) | Initial Decision Date | Remarks | ||
| Current | Changed | After Change | |||||||
| New | - | Sports facilities | Sports facilities | Around 1127-1 Yeonsandong | - | Increase)649.42 (1st floor: 14.96, 2nd floor: 634.46) | Increase)649.42 (1st floor: 14.96, 2nd floor: 634.46) | Sports facilities with three-dimensional arrangements | |
▢ Reasons for the decision on the establishment of sports facilities
| Map Display Number | Facility Name | Establishment Details | Reasons for Establishment |
| - | Sports facilities | ◦ Establishment of infrastructure (sports facilities) (A=649.42㎡) | ◦ To achieve composite and efficient use of land resources within the site, it is intended to designate sports facilities as three-dimensional urban planning facilities. |
d) Decision records concerning the scale and composition of households and parcels under the urban management plan
| Classification | Map Number | Household Number | Area (㎡) | Parcel | Remarks | ||
| Number | Location | Area (㎡) | |||||
| New | Total | 9,994.7 | - | - | 9,994.7 | ||
| - | I | 9,994.7 | 1 | Around 1127-1 Yeonsandong, Yeonje-gu | 9,994.7 | Residential land | |
e) Decision records on the use, building coverage ratio, floor area ratio, height, etc., of the building under the urban management plan
| Map Number | Location | Classification | Remarks | |
| - | I-1 | Use | Designated Use | ◦ Residential units and auxiliary services as stipulated in Article 2 of the Housing Act |
| Prohibited Uses | ◦ Uses other than the designated use | |||
| Building Coverage Ratio | ◦ 60.00% or less | |||
| Floor Area Ratio | ◦ 1,109.17% or less | |||
| Height | ◦ 160.00m or less | |||
f) Decision records on other matters regarding the urban management plan
▢ Decision record on open spaces
| Classification | Plan | Remarks |
| Open Space 1 | ◦ Location: Around 1127-1 Yeonsandong, Yeonje-gu ◦ Area: 1,480.32㎡ | - |
| Open Space 2 | ◦ Location: Around 1127-8 Yeonsandong, Yeonje-gu ◦ Area: 145.16㎡ | - |
6. Related documents: Omitted for publication (same as the materials available at the storage location)
Classification
Notice
Agency Classification
District
Agency
Yeonje-gu
Notice Number
No. 2025-91
Title
Announcement of housing construction project plan approval and urban management plan (district unit plan area and district unit plan) decision topographic map
Date
2025-12-03
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Frequently Asked Questions (FAQ)
Q. What kind of mixed-use building will be built at the Yeonsandong Arabian Nights site?
A high-rise mixed-use building with 49 floors and 771 units will be constructed at 1127-1 Yeonsandong.
This mixed-use building located at the former Arabian Nights site in Yeonsandong is designed to be 49 stories tall at approximately 159.8 meters, with a total of 771 units expected for occupancy. It will be comprised of 4 buildings, planned from 6 floors underground to 49 floors above ground, and will include not just residential apartments but also various urban planning facilities like auxiliary services and sports facilities, providing convenience to local residents.
Q. How was the main licensing process for this mixed-use construction project conducted?
In November 2025, the housing construction project plan approval and district unit plan decision were completed, enabling swift licensing.
The project underwent licensing procedures such as a review by the Architectural Committee and environmental impact assessments in mid-2025, and the approvals for the housing construction project plan and district unit plan announcements were made in November of the same year within a short time. Administrative efficiency was improved as urban management plans and development permits were processed collectively, ensuring the speed of project execution through deemed processing of legal approvals.
Q. What are the location and surrounding environment of the newly constructed mixed-use building?
It is located in a general commercial area near Yeonsan Rotary, with excellent transportation accessibility and various infrastructure planned.
This mixed-use building is positioned near Yeonsan Rotary and Yeonsan Intersection, close to major transportation junctions in Busan. Located in a general commercial zone, it has great potential to develop into a mixed living area integrating residential, commercial, and office functions. Plans are in place for open spaces and sports facilities (649.42㎡), contributing to the convenience of residents, and large-scale development is also underway at the nearby Yeonsan Xi Gallery site, which is expected to have a positive impact on local development.
Q. Who is the project executor, and what is the duration of the project?
Hana Asset Trust is the project entity, and it is set to proceed from May 2026 to the end of December 2030.
The project is led by Hana Asset Trust Inc. located in Gangnam, Seoul. This mixed-use construction is planned to begin on May 31, 2026, and continue until December 31, 2030, lasting approximately 4 years and 7 months. The goal for completion is by the end of 2030, and the plan includes the smooth progress of licensing procedures and construction work during this period.
Q. What are the expected impacts of this construction on the local area, and what issues are anticipated?
Changes in local commerce and the skyline are expected, but managing traffic, noise, and environmental issues during construction is essential.
The establishment of a high-rise mixed-use complex at the Arabian Nights site is expected to change the skyline of Yeonsan Rotary and innovate the structure of the commercial area in Yeonje-gu. With the complex development of residential, commercial, and sports facilities, the local area is anticipated to increase in value. However, the nature of large-scale construction suggests potential traffic congestion, noise, and environmental pollution issues during construction, making systematic management and minimizing resident inconvenience important challenges to address.
