광명문화복합단지 개발 표류…아파트 증설 요구로 난항

[Anchor] The Gwangmyeong City government's Gwangmyeong Cultural Complex project in the Gahak-dong area has effectively come to a halt. This is because the private developer in charge of the project is demanding the construction of additional apartments. Final negotiations are underway, but if no progress is made, contract termination appears inevitable. This is reporter Cho Yoon-joo. [Article Content] The Gwangmyeong Cultural Complex project is a large-scale project to transform a 549,000-square-meter site in the Gahak-dong area of ​​Gwangmyeong City into a multi-purpose complex combining culture, tourism, and shopping. It received approval from Gyeonggi Province in July of last year and was expected to begin construction in the second half of this year, but the project has been stalled for over a year. The project stalled after the private developer, the HDC Hyundai Development Company consortium, demanded that the number of apartments initially planned for 2,022 be increased to 3,875, citing profitability concerns. Criticism has been raised in the Gwangmyeong City Council that the project cannot be delayed any longer. The development of a cultural complex is different in nature from land development for housing supply, and some argue that a swift decision must be made to address the excessive demands of the private sector. [Ahn Seong-hwan / Gwangmyeong City Council Member] "The ongoing delays have been disappointing, and the Urban Development Corporation appears to be being manipulated by the private sector. Can this be acceptable? The Urban Development Corporation should make a decision quickly and notify the public of the contract termination..." In response, the Gwangmyeong Urban Development Corporation stated, "The large-scale apartment expansion requested by Hyundai Development Company is not within the scope of the project and cannot be accepted." However, they added, "If the contract is terminated, it will take a considerable amount of time to select a new developer, so we are currently in the final stages of negotiations." [Jeong Woo-sik / Head of Development Division, Gwangmyeong Urban Development Corporation] "They're making unreasonable demands. We have no basis for accepting them. Legally and administratively... We're going to negotiate with the private sector as much as possible, no matter what, until the end of the year or January." With the Gwangmyeong Cultural Complex project, a key development project in Gwangmyeong City, stalled, attention is focused on the outcome of negotiations with the private sector. This is Jo Yoon-joo from B tv News. Video coverage: Cha Beom-ryong #GyeonggiNews #btvNews #SKBroadband #News

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