A campus town is a locality within a campus, or a type of revitalization project centered on university towns. It started in the U.S., and is also in progress in Korea. The latest projects include the campus town project of Soongsil University and Chung-Ang University. On March 11, 2019, Lee Chang-woo, the head of the district office in Dongjak-gu, Seoul, said, “We will launch a full-scale project to build a campus town in SSU and Chung-Ang University.”
The campus town formation project will be implemented for up to four years starting this year. The content is divided into areas such as start-ups and employment, regional cooperation, and the cultural characterization of universities.
First, 10 billion won will be spent on building the campus town of Chung-Ang University by 2022 for the purpose of creating a waterfront culture startup campus. It will operate two youth start-up hub centers, a local start-up counseling center in Heuksok Station, and a youth start-up center in Noryangjin, which will create specialized streets in the Heuksok market and provide education on startups and jobs. Furthermore, a strategy was implemented to promote co-prosperity among universities and communities by fostering young merchants and providing spaces for the start-up culture.
The project to create the campus town of SSU will be carried out with the aim of fostering young startups, distributing youth housing, and establishing a cluster of startups. In the first half of this year, the company plans to start remodeling work that includes a hub center to establish a business ecosystem and a start-up-residential space, and run programs to strengthen the competence of startups, customize education, and nurture talent for local start-ups.