This is the status on new business development of Seoul Metro. To diversify the profit structure that has relied only on profits from transportation and improve the management environment, new businesses are actively promoted in the development of railway station areas and complex development of garages.

Promoting the railway station area development project

Bokjeong Station transfer center construction plan (tentative)

Bokjeong Station transfer center construction plan (tentative)
  • Development objective: Seeking convenience in transfer between public transportation hubs and vitalizing the local economy
Gate Of City
  • Development direction 1.
    Role perspective
  • Serving as a gate connecting two cities, attracting foreign visitors

Influential Place
  • Development direction2.
    Local perspective
  • Increasing ripple effects in the region, increasing convenience in use

Attractive Landmark
  • Development direction3.
    Functional perspective
  • Developing as a station complex, establishing a local landmark

Amusement Spot
  • Development direction4.
    Spatial perspective
  • Establishing a new kind of space, introducing a distinct facility

  • Promotional effects
  • Improving the transfer system (reducing transfer distance and time)
  • Improving convenience in transfer between public transportation hubs
  • Reducing the amount of traffic flowing into the city
  • Increasing the percentage of public transportation usage
  • Improving the level of services at intersections

Sadang Station transfer center construction plan (tentative)

Sadang Station transfer center construction plan (tentative)
  • Development concept: Urban development centered on public transportation (TOD)
Symbol
  • Symbolism
  • Developing a high-density, multi-dimensional complex as a new symbol of the Sadang station area, a center of transportation and complex culture

Community
  • Public nature
  • Improving a crowded transportation transfer system and providing more convenience to users

Function
  • Functionality
  • Optimizing functionality centered on complex transfer centers and developing an underground water recycling facility to prevent flooding in station areas

Green
  • Environment
  • Establishing various green spaces and resting

  • Promoting complex development of Seongsu Substation land Improving management by enhancing the surrounding region of the aged city center, expanding resident convenience facilities and development of profitable spaces through development of Seongsu Substation land
  • Size: 15 floors / 10,734.76㎡ in total floor area
  • Purpose: Business facilities, neighborhood living facilities, substation
  • Major administrative tasks: Multi-dimensional decision-making or determination of spatial scope
  • Promotional effects
  • Maximizing land usage
  • Balanced urban development: Vitalizing local commercial area, improving aesthetic features of the city
  • Creating jobs in the local community by securing additional business facilities
  • Reducing burden on citizens by improving construction management

Promoting strategic new businesses to create results

Installing auxiliary facilities by utilizing dormant land for a military vehicle garage

Installing auxiliary facilities by utilizing dormant land for a military vehicle garage
  • Developing a military vehicle waste yard to improve the surrounding environment and improving management by creating new source of profit through multi-dimensional utilization of land
  • 12,214㎡ of land, 4 floors and 72 lots
  • Promotional effects
  • Creating a basis of profit by efficient complex utilization of empty land
  • Increasing synergetic effects in the development of areas near aged bases
  • Improving management and resolving operating liabilities