Champions City Phase 1 Launches Sales of 3,216 Homes in Gwangju

GWANGJU — All New Champions City, a mixed-use development on the former Jeonbang and Ilshin Spinning site in Imdong, Buk-gu, in the merged metropolitan city of Gwangju, is starting its first round of home sales.

The project financing vehicle behind the development said on the 3rd that it will open the model house for Champions City Phase 1 on the 4th. The complex will be built in the Imdong area of Buk-gu and is the first residential phase of the redevelopment of the former Jeonbang and Ilshin Spinning site. It will comprise 12 buildings rising up to 49 floors above ground, with three basement levels, for a total of 3,216 units. Unit sizes range from 84 to 214 square meters of exclusive floor area, with 84-square-meter units accounting for 2,534 homes, or about 79% of the total.

Applications open on the 14th with special supply, followed by first-priority applicants on the 15th and second-priority applicants on the 16th. Winners will be announced on the 22nd, and contract signing runs from Oct. 5 to Oct. 9. The down payment is 5% of the presale price, and buyers can sign with an initial payment of 10 million won. Move-in is scheduled for November 2030.

Champions City covers about 298,000 square meters of the former Jeonbang and Ilshin Spinning site, roughly 90,000 pyeong. The site will house 4,315 homes in total, along with The Hyundai Gwangju, a luxury hotel, a cultural park and office facilities. An "urban core" concept will be applied at the center of the site, linking major facilities through pedestrian walkways.

Champions City Phase 1 will connect to a cultural park built around the site's industrial heritage. The Hyundai Gwangju, planned at about 1.4 times the total floor area of The Hyundai Seoul, will also be built nearby, with completion targeted for May 2029.

The site also offers transport and everyday amenities. It provides easy access to the West Gwangju interchange and Mujin-daero, and sits close to Gwangju Station, Gwangju-Kia Champions Field and a Shinsegae department store. An elementary school is also planned near the complex. The development, which will rise up to 49 floors, features design elements such as terraces and balconies on three sides.

A central park stretching about 300 meters will run through the middle of the complex, with pocket gardens placed throughout to create a park-like residential setting.

Champions City Phase 1 will include integrated community facilities, among them a 25-meter indoor swimming pool, an indoor golf practice range, a multipurpose indoor gymnasium, a fitness center, a group exercise room and a Pilates room. A sky community will be built on the 44th floor, anchored by a sky lounge and sky guesthouse. Private dining rooms, a sauna, a tea house and a pet garden are also planned.

"Housing, retail, cultural and office facilities are being built together," an official at Champions City said. "At the model house, visitors will be able to see the quality of the first residential phase and what Champions City will look like in the future."

The model house for Champions City Phase 1 will be located within the project site. Move-in is scheduled for November 2030.