Table 2.
Characteristics of urban regeneration new deal by type

Division Economy-based type Central city type General neighborhood type Residential support type Activate our neighborhood type
Promotional tasks Creation of an innovation base Residential environment maintenance
Legal type Economy-based type Neighborhood regeneration type
Area Around 500,000m2 Around 200,000m2 Around 0-150,000m2 Around 5-100,000m2 Less than 50,000m2
Region Station area, port industrial complex Commerce, history, tourist, art area Alley & residence Low-rise residential area Small low-rise residential area
Project cost/period 25 billion won/6 years 15 billion won/5 years 10 billion won/4 years 10 billion won/4 years 5 billion won/3 years
Selection subject/volume Central government / about 70% Metropolitan local government / about 30%
Introduction infrastructure Medium to large public welfare⋅facilities Medium public welfare⋅facilities Small public welfare⋅facilities Street maintenance, parking lot, shared facilities Parking lot, shared facilities