As an effort to diversify the income structure solely reliant on the transportation business and to
enhance management, the new business development team opened its Business Development Center to
specialize in areas such as train depot multi development, railway station area development, solar
power and wind force development.
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Cultivate new businesses through public offerings and promote multi-development projects
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| Promote multiple developments near the Sadang railway station area (transit center) |
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Developmental Concept
Transit Oriented Development
- Car-free
- New green way
New Urbanism
Alternative to city development promoting green earth
- Art Avenue
- Shoppertainment
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<Perspective> |
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Promotional Effect
Ensure a three dimensional transit system: Ride&Ride
Reduce congestion: F ¡æ E (25%)
Reduced traffic congestion at the Sadang intersection :
10km/h ¡æ 21.7km/h (117%)
Improved transit distance (Subway¡êBus):
267¡æ158m (42.7%)
economic effect of 1.7 billion won per year
(28,525 people per day)
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<Transit Center Layout> |
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| Promote multiple developments in the Sinjeong train depot area |
Develop multiple complexes, such as an artificial lot on the upper level of Sinjeong train depot and convenient/commercial facilities for residents.
Scale: Upper level 13 F / Total area 246,450§³
Application: Culture theme park, welfare/daycare facility,
business center/stores, English village, Metro office,
sports center
Method: Third party public offering by means of
public funding
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Promotional effect
Re-create urban space by connecting isolated regions
to the train depot
Catalyst of local development (factorize the contribution
of the train depot)
Ensure a community foothold through expansion of
public spaces
Enhance management and remove operational debt |

<Perspective> |
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Promote a strategic new project for achievement creation
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| Install new business facilities in the idle lot at the Gunja train depot |
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Develop the waste materials yard in the Gunja train depot to enhance the surrounding environment. Create new revenue sources to improve management.
Lot 12,687§³, upper level 4F, 72 hitting boxes
Promotional effect
Create revenue infra by effectively utilizing wasteland
Increase synergy by developing the local area around
the waste depot
Dissolve operational debt and improve management
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<Perspective> |
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Facility Improvement through Private Capital Investment
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Implement remodeling of Chungmuro subway station and organize movie-culture space |
| Replace finishing material of the ceiling (FRP¡æNon-flammable material) which is weak for fire by a way of private capital investment, expand safe facility for passengers, remodel the subway building facilities and organize a movie-theme park. |
Development Scope: Waiting area and platforms of Chungmuro station on Lines 3 and 4.
Development Scale: 1~4F underground, total area 16,593§³
Development Application: Install screen doors at platforms and sprinklers. Remodel promotion center,
exhibition center, theme cafe, small-size theater, open studio and the subway building. |
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| <Tunnel of Dream> |
<Platform Remodeling> |
<Movies Theme Park> |
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Promotional Effect |
| Budget Saving: Around 31 billion won expense reduction with private capital investment
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Prevent incidents and promote customer satisfaction. Construct new-concept based subway building and increase a number of passenger. |