Disclosure of the contents of the Special Act on Old City Planning
Shorter than the usual 30-year rebuilding period, the application of national special cases including the 1st new city, an integrated review of licensing procedures, and the return of profits that exceed the speed by receiving the donations of a proposed Bill this month… Target action within the year
In the future, when promoting reconstruction on old housing sites, including first phase new towns (Bundang, Ilsan, Pyeongchon, Jungdong, and Sanbon), if publicity is ensured, safety diagnosis is exempted and floor area ratio regulations are allowed applied up, and special exceptions are given.
The Ministry of Land, Infrastructure and Transport published on the 7th the main content of the ‘Special Act on the Maintenance and Support of an Aging Planned City’, which includes this content. The reorganization of the 1st new town is one of the promises of President Seok-Yeol Yoon.
The target of applying the special law is ‘retirement planning city’. Special law benefits are available for lands of 1 million square meters or more, which have been more than 20 years since the completion of the housing site development project. Based on the standard of 20 years, which is shorter than the normal reconstruction period of 30 years, the Ministry of Land, Infrastructure and Transport explained that it is possible to establish a reorganization plan before the city declines. In addition to first phase new towns, the special law can be applied to housing areas in the metropolitan area and new towns in regional centres. Haeundae in Busan and Dunsan in Daejeon fall into this category. Even after 20 years, such as Mok-dong and Sanggye in Seoul, housing areas with an area of 1 million square meters or more may also be subject to the application of the special law if local governments establish a basic plan.
Even if one housing area is less than 1 million square meters, it can be included in an aging planned city if the combined area of two or more adjacent or contiguous houses exceeds 1 million square meters or includes parts of the old town attached. . Through the special law, the qualifying target seems to have been expanded to the point of fairness that benefits are only given to first generation new cities.
The maintenance of the aging planning city is carried out in a ‘two track’ way through the ‘Basic Policy’, the guidance of the Ministry of Land, Infrastructure and Transport and the ‘Basic Plan’ established by local government. Once the master plan is established, it is finalized with the approval of the provincial governor. Based on this, the designating authority, such as the head of a city or county, designates a special maintenance area for an aging planning city and implements various projects.
If it is designated as a special maintenance area and rebuilding is done, it will be easier to pass the rebuilding safety diagnosis. It is a more relaxed formula than the current 30% of the structural safety rating. The safety diagnosis itself is excluded when the public nature of the project is ensured, such as through the expansion of infrastructure such as large-scale metropolitan transportation facilities.
The floor area ratio, a key variable influencing the construction business, will also be raised. In the special reorganization zone, the floor area ratio increases by up to 300% (500% is permitted as an exception) as the 2nd type general residential area is upgraded to the level of a 3rd type general residential area or semi- residential.
Remodeling complexes allow the increase in the number of households to exceed the current 15%. The specific ratio will be regulated by enforcement decree. The Ministry of Land, Infrastructure and Transport considers around 20%. In addition, it was decided to speed up the pace of all maintenance projects by integrating various licensing procedures. Since the special maintenance zone integrates multiple complexes, one project operator basically promotes the project. Furthermore, the establishment of migration measures is led by local governments and supported by the Ministry of Land, Transport and Maritime Affairs. However, as various special cases are concentrated, an appropriate level of excess profit is redeemed, enabling donations in various ways such as public sales, infrastructure, living SOC, and contributions in addition to public rental housing.
The special law is due to be presented to the National Assembly during this month. The Ministry of Land, Infrastructure and Transport hopes that the law will be enacted within this year. Minister of Land, Infrastructure and Transport Won Hee-ryong said, “We intend to ensure that the special law is passed as soon as possible by working closely with the National Assembly even after the proposal has been do it so that the promise and the tasks of state affairs can be implemented without restriction.”
Reporter Ok Seong-gu, Sejong
