The opening ceremony of Korea's first residential and commercial complex 'Sewoon Shopping Center'

K-HISTORY

Meaningful Days of Korean History

The opening ceremony of Korea's first residential and commercial complex 'Sewoon Shopping Center' +

1968.11.7
opening day
On November 7, 1968, the opening ceremony of Sewoon Shopping Center in Jongno, Seoul was held. The mall was built with a total floor space of 10,470 pyeong and 13 floors above ground, with a private capital of 612 million won.

To be exact, it is the first residential and commercial complex in Korea under the name of the entire residential and commercial complex that connects Jongno 3-ga and Toegye-ro 3-ga.

The name Sewoon Sangga was named by Seoul Mayor Kim Hyun-ok at the time, meaning "the energy of the world should gather here."

At first, high-end residential apartments and shops existed together, but since the 1960s, this area has been a place of business that fixes and sells all kinds of junk from U.S. military units, and the shops here have become a mecca of electronic products including household appliances.

Since then, the rapid development of Gangnam has led to the disappearance of Merritt as a residential area, and eventually, apartments at the top have been converted into commercial buildings as engineers' workshops.

The formerly stagnant commercial atmosphere has been transformed through urban regeneration projects, and now people are visiting more frequently.
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