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Transformation of Land Readjustment in Korea: A Legal Analysis on the Exchange of Rights and Collective Replotting

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국토연구원|2023.06|국토연구 (The Korea Spatial Planning Review)|제117권 |pp. 89-119|DOI 10.15793/kspr.2023.117..005

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키워드

재개발재건축Urban RenewalUrban Redevelopment환지Land ReadjustmentLand PoolingLand ConsolidationExchange of RightsConversion of Rights토지구획정리환권권리변환

초록

Land Readjustment (LR), also known as land pooling or land consolidation, has been employed as a method of urban planning and development in numerous nations for nearly a century. Due to the fact that LR does not involve expropriation, it can be a feasible alternative for developing and renewing urban space even in highly urbanized countries. However, LR cannot function as an effective policy tool for urban renewal or high-density development if it stays limited to the mass production of tiny parcels. Based on the experiences of several nations, it has been noted that conventional LR is disadvantageous for built-up areas, and in some nations it has resulted in replotted land being left underdeveloped and vacant for an extended period. This paper investigates and analyzes the application of LR in Korea as a technique for overcoming these constraints. Reconstruction and redevelopment projects that transform LR by exchanging building to building have been actively implemented in densely populated metropolitan areas in Korea. In addition, traditional LR is being actively altered and used to produce large sites and promote apartment complex construction. This paper aims to provide Korea’s trends for comparative research on LR by analyzing the characters and prerequisites that have made this transformation possible.

Abstract

Land Readjustment (LR), also known as land pooling or land consolidation, has been employed as a method of urban planning and development in numerous nations for nearly a century. Due to the fact that LR does not involve expropriation, it can be a feasible alternative for developing and renewing urban space even in highly urbanized countries. However, LR cannot function as an effective policy tool for urban renewal or high-density development if it stays limited to the mass production of tiny parcels. Based on the experiences of several nations, it has been noted that conventional LR is disadvantageous for built-up areas, and in some nations it has resulted in replotted land being left underdeveloped and vacant for an extended period. This paper investigates and analyzes the application of LR in Korea as a technique for overcoming these constraints. Reconstruction and redevelopment projects that transform LR by exchanging building to building have been actively implemented in densely populated metropolitan areas in Korea. In addition, traditional LR is being actively altered and used to produce large sites and promote apartment complex construction. This paper aims to provide Korea’s trends for comparative research on LR by analyzing the characters and prerequisites that have made this transformation possible.

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