Table of Contents
Announcement of Decision on Maintenance Plans and Designation of Maintenance Areas for Deokcheon District 2 Redevelopment Project
- Including location, area map, project feasibility, site analysis, and current status

The redevelopment plan for Deokcheon District 2 is being actively pursued in the area around 422-1 Deokcheon-dong, Buk-gu, Busan. This project has entered the stages of decision on maintenance plans and designation of maintenance areas.
The city of Busan officially announced the designation of the maintenance area for the Deokcheon 2 redevelopment project on May 20, 2026. The area covers approximately 50,946㎡, aiming to improve the residential environment densely populated with aging buildings. Alongside, basic facilities like roads, parks, and parking lots are also expected to be expanded.

According to the plan, the number of existing housing units in the area will increase from 663 to a total of 915 units.
The multi-family housing site is divided into First Complex (15,251㎡) and Second Complex (17,572㎡), with a maximum floor area ratio set below 267%. Additionally, the height of the multi-family housing will be limited to below 87m.
More than 40% of the total housing units will be supplied with a dedicated area of 85㎡ or less, and rental housing will also be included according to relevant standards.

This zone, located near Sukdeung Station on Busan Metro Line 2, is connected to the living area of Deokcheon Station, providing excellent transportation convenience. Deokcheon Station, a transfer station for Line 2 and Line 3, is close by, facilitating movement in various directions.
Moreover, easy access to Mandeok Road and the Namhae Highway enhances connectivity not only to the city center but also to suburban areas.
Recently, infrastructure has significantly improved, with a new children's park established at 2,548㎡, and an outdoor parking lot expanded to 3,006㎡. A cultural facility of 120㎡ has also been newly established, improving the living convenience for local residents.

The financial feasibility index was announced based on the announcement document, estimating a proportional ratio of 102.00%. However, this is merely a prediction at the maintenance planning stage and may vary in future processes such as establishing a consortium, approving project implementation, and managing disposition plans.
This announcement is significant as it indicates that the Deokcheon District 2 redevelopment is entering the formal maintenance project procedure. It is expected to have a positive impact on future project progress.

Recently, as the Deokcheon District 1, District 2, and District 3 have been designated as maintenance areas, expectations are high for improving the aging residential areas in this region and enhancing the residential environment.
With the planned expansion of essential facilities such as roads, parks, and parking lots, many people are interested in the changes to the living environment in Deokcheon, Buk-gu.
Announcement No. 2026-175, Busan Metropolitan City
Announcement of Decision on Maintenance Plans and Designation of Maintenance Areas for Deokcheon 2 Redevelopment Project
1. In accordance with Article 16 of the Urban and Residential Environment Maintenance Act, the decision on maintenance plans and designation of maintenance areas for the Deokcheon 2 redevelopment project in the area of 422-1 Deokcheon-dong, Buk-gu, Busan, is hereby announced, along with the topographical map in accordance with Article 8 of the Land Use Regulation Basic Act and the Enforcement Rule of the same Act.
2. Relevant documents can be viewed at the Urban Maintenance Division of Busan Metropolitan City (☏051-888-4234) and the Building Division of Buk-gu (☏051-309-4614) for the public.
May 20, 2026
Mayor of Busan Metropolitan City
I. Designation of Maintenance Areas and Decision on Maintenance Plans
1. Record of the designating the maintenance area for the redevelopment project
| Designation Classification | Project Classification | Name of Area | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Deokcheon 2 Redevelopment Project Maintenance Area | Area around 422-1 Deokcheon-dong, Buk-gu, Busan | 50,946 | - |
2. Redevelopment Project Maintenance Plan
○ Plan regarding land use
| Classification | Name | Area (㎡) | Ratio (%) | Remarks | |
| Urban Management Plan Zone | Total | 50,946 | 100.0 | ||
| General Residential Area Type 2 | 5,521 | 10.8 | |||
| General Residential Area Type 3 | 45,425 | 89.2 | |||
| Urban Management Planning Zone | - | - | - | ||
| Land and Maintenance Infrastructure (Urban Planning Facilities) | Total | 50,946 | 100.0 | ||
| Residential Land | 33,905 | 66.6 | |||
| Multi-family Housing Site | 32,823 | 64.5 | ⦁ First Complex 15,251㎡ ⦁ Second Complex 17,572㎡ | ||
| Neighborhood Living Facilities | 1,082 | 2.1 | |||
| Maintenance Infrastructure (Urban Planning Facilities) | 17,041 | 33.4 | |||
| Road | 11,367 | 22.3 | |||
| Children's Park | 2,548 | 5.0 | |||
| Parking Lot | 3,006 | 5.9 | ⦁ Existing 1,961㎡ (Increase 1,045㎡) | ||
| Cultural Facilities | 120 | 0.2 | ⦁ Existing 119.5㎡ (Increase 0.5㎡) | ||
○ Plan for Change in Use Zone
| Classification | Area (㎡) | Ratio (%) | Remarks | |||
| Existing | Change | After Change | ||||
| Total | 50,946 | - | 50,946 | 100.0 | ||
| Residential Area | General Residential Area Type 2 | 41,506 | Decrease 35,985 | 5,521 | 10.8 | |
| General Residential Area Type 3 | 9,440 | Increase 35,985 | 45,425 | 89.2 | ||
■ Statement of Reasons for Change in Use Zones
| Map Display Number | Location | Use Area | Area (㎡) | Floor Area Ratio | Reason for Change | |
| Existing | Changed | |||||
| - | Area around 422-1 Deokcheon-dong, Buk-gu | General Residential Area Type 2 | General Residential Area Type 3 | 35,985 | Below 300% | ⦁ An area with a concentration of aging and poor-quality buildings in need of residential environment improvement and maintenance infrastructure, necessitating high-density development and maintenance only in specific segments. |
○ Estimated Contribution Fees and Basis for Calculation by Property Owner
| Estimated Contribution Fee | Total Estimated Revenue | Total Estimated Project Cost | Total Estimated End Property Value | Estimated Proportional Ratio |
| 571,759,090,000 won | 446,718,310,000 won | 122,594,385,000 won | 102.00% | |
| Basis for Calculation | ∙ Total Estimated End Property Value = Sum of Total Estimated End Property Values for Each Property Owner∙ Estimated Proportional Ratio = (Total Estimated Revenue – Total Estimated Project Cost) / Total Estimated End Property Value∙ Estimated Contribution Fees by Property Owner = Member Sales Price - Rights Value | |||
※ The total estimated end property values and individual contribution fee calculations may change depending on future management and disposition plans.
○ Plans regarding the Main Purpose, Building Coverage Ratio, Floor Area Ratio, and Height of Buildings
| Classification | Area Classification | Household or Lot Classification | Location | Main Purpose | Building Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) | Remarks | ||||||||||||||||||
| Name | Area (㎡) | Name | Area (㎡) | |||||||||||||||||||||||
| Newly Established | Deokcheon 2 Redevelopment Project Maintenance Area | 50,946 | A-1 | 15,251 | Area around 390-16 Deokcheon-dong, Buk-gu | Multi-family Housing and Supporting Welfare Facilities | Below 25% | Below 268% | Below 87m | - | ||||||||||||||||
| B-1 | 17,572 | Area around 425-2 Deokcheon-dong, Buk-gu | Multi-family Housing and Supporting Welfare Facilities | Below 25% | Below 266% | Below 87m | - | |||||||||||||||||||
| C-1 | 1,082 | Area around 139-21 Deokcheon-dong, Buk-gu | Neighborhood Living Facilities, etc. | Below 60% | Below 200% | Below 30m | - | |||||||||||||||||||
| C-2 | 120 | Area around 139-12 Deokcheon-dong, Buk-gu | Cultural Facilities | Below 60% | Below 220% | Below 30m | - | |||||||||||||||||||
| C-3 | 3,006 | Area around 139-3 Deokcheon-dong, Buk-gu | Parking Lot | Below 60% | Below 200% | Below 30m | - | |||||||||||||||||||
| Scale and Construction Ratio of Housing | ∙ More than 40% of the total number of housing units being constructed will be under 85㎡ | |||||||||||||||||||||||||
| Matters Related to the Construction of Rental Housing | ∙ At least 10% of the total number of housing units being constructed or more than 7% of the total floor area will be constructed as rental housing. ∙ More than 30% of total rental housing units or more than 5% of total constructed housing units will be built as rental housing with a residential area of 40㎡ or less. | |||||||||||||||||||||||||
| Application of Floor Area Ratio Relaxation Standards | ∙ The basic evaluation standards and relaxation standards for floor area ratios according to the "2030 Busan Metropolitan City Urban and Residential Environment Maintenance Basic Plan" apply. ∙ Basic floor area ratio: 240% (Residential Maintenance Area) | |||||||||||||||||||||||||
| Classification | Evaluation Standard Score | ⇨ | Evaluation Standard Points | Land Use | Basic Floor Area Ratio | |||||||||||||||||||||
| Deokcheon District 2 | 76 points | 50~80 points | Residential Maintenance | Redevelopment 240% | ||||||||||||||||||||||
| ∙ Application of floor area ratio relaxation ▸ Calculation of incentives when providing public facility sites - 1.5 × (provided area ÷ post-provided site area) × α (α: 200% for General Residential Type 2, 300% for General Residential Type 3) - General Residential Type 2: 1.5 × (3,176㎡ ÷ 26,750㎡) × 200% = 35.61% - General Residential Type 3: 1.5 × (653.6㎡ ÷ 7,155㎡) × 300% = 41.10% - Average Floor Area Ratio Calculation: [(26,750㎡×275.61%) + (7,155㎡×281.10%)] ÷ (26,750㎡ + 7,155㎡) = 276.76% ▸ Public Interest Element Incentives: Maximum range of 20% for residential maintenance projects ▸ Incentives for local economic revitalization: 5% (Participation rate of local firms by designers 50% or more) ▸ Sustainable Multi-family Housing: 5% ▸ Relaxation Floor Area Ratio: 20% + 5% + 5% = 30% ∙ Permitted Floor Area Ratio: 240% + 30% = 270% ∙ Planned Floor Area Ratio: Below 267% | ||||||||||||||||||||||||||
※ Note) Buildings that can be constructed in General Residential Type 2 Zone








Classification
Announcement
Organization Classification
City
Agency
Busan Metropolitan City
Announcement Number
2026-175
Title
Announcement of Decision on Maintenance Plans and Designation of Maintenance Area for Deokcheon 2 Redevelopment Project
Date
May 20, 2026
#DeokcheonDistrict2, #Deokcheon2Redevelopment, #DeokcheonDongRedevelopment, #BusanRedevelopment, #BusanAnnouncement, #BusanPublicNotice, #BusanMaintenanceProject, #BukguRedevelopment, #DeokcheonDong422, #DeokcheonDong4221, #MaintenancePlanDecision, #MaintenanceAreaDesignation, #BusanMetropolitanCityAnnouncement, #BusanCityAnnouncementNo2026_175, #DeokcheonStation, #SukdeungStation, #DeokcheonStationArea, #BukguDeokcheonDong, #RedevelopmentProject, #UrbanMaintenanceProject, #MaintenanceInfrastructure, #ChildrenPark, #OutdoorParkingLot, #ResidentialEnvironmentImprovement, #915Units, #EstimatedProportionalRatio, #BusinessFeasibilityAnalysis, #DeokcheonSiteAnalysis, #BusanApartments, #BusanRealEstate
Frequently Asked Questions (FAQ)
Q. When was the announcement of the designation of the maintenance area for the Deokcheon District 2 redevelopment project made?
The announcement of the designation of the maintenance area for the Deokcheon District 2 redevelopment project was made on May 20, 2026.
The city of Busan officially announced the designation of the maintenance area for the Deokcheon District 2 redevelopment project on May 20, 2026. This announcement was made in accordance with the Urban and Residential Environment Maintenance Act, and the maintenance plan was also decided on the same day. The announcement document and related materials can be viewed at the Urban Maintenance Division of Busan Metropolitan City and the Building Division of Buk-gu.
Q. What is the area and housing supply scale of the Deokcheon District 2 redevelopment project?
The area of the Deokcheon District 2 redevelopment project is approximately 50,946㎡, and the number of housing units will increase from 663 to 915.
The Deokcheon District 2 area is approximately 50,946㎡ around 422-1 Deokcheon-dong, Buk-gu, Busan. The number of housing units will increase by 252, from the existing 663 to a total of 915. The multi-family housing site is divided into First Complex (15,251㎡) and Second Complex (17,572㎡), with a floor area ratio set below 267% and building height limited to below 87m. Among these, more than 40% will be provided with a designated area of 85㎡ or less, including rental housing.
Q. What are the location and transportation conditions of the Deokcheon District 2 redevelopment project?
Deokcheon District 2 is near Sukdeung Station and is connected to the living area of Deokcheon Station, making transportation convenient.
The Deokcheon District 2 area is located near Sukdeung Station on Busan Metro Line 2 and is close to Deokcheon Station (a transfer station for Lines 2 and 3), making it convenient for movement in various directions. It is also easily accessible from Mandeok Road and the Namhae Highway, enhancing accessibility to both the city center and suburban areas. These transportation conditions act as essential factors enhancing living convenience.
Q. What are the plans for expanding the infrastructure due to the redevelopment project?
Plans include the creation of a children's park of 2,548㎡, expansion of an outdoor parking lot to 3,006㎡, and establishment of a cultural facility of 120㎡.
The Deokcheon District 2 redevelopment project emphasizes not only improving the residential environment but also expanding the infrastructure. Through this project, a children's park will be newly created with a size of 2,548㎡ to provide a child-friendly space. Additionally, the outdoor parking lot will be expanded to 3,006㎡ to improve parking conditions, and a cultural facility of 120㎡ will be established to enhance the convenience of residents.
Q. What are the indicators of project feasibility and the future progress of the redevelopment project?
The estimated proportional ratio is 102.00%, but it may vary depending on future procedures.
The estimated proportional ratio for the Deokcheon District 2 redevelopment project has been announced at 102.00% based on the announcement document. This is merely a forecast at the maintenance planning stage and may change during later procedures, including the establishment of a consortium, approval for project execution, and management plans for dispositional arrangements. This announcement signifies that the maintenance project has been officially initiated, and is expected to have a positive impact on future project progress and success potential.


