[8th ILO SSE Academy]: Understand Avenue

Category: 
East Asia
Local Government
SSE Organisation
Class: 
Cooperatives
Social enterprise
Urban regeneration
Social innovation
Governance

Presented at: 8th ILO SSE Academy

Organisation: Seongdong District Government

Date: June 29, 2017

Presenter: Mayor Jungwon O

Contacts: sd5184@sd.go.kr

Summary

The following presentation focuses on "Understand Avenue," an arcade where various hubs representing diverse criteria of social economy is represented. Understand Avenue is located in Seongdong-gu, one of the well-known urban regeneration districts of Seoul where abandoned old factories and antiquated small shops were rejuvenated through Seoul Metropolitan Government's urban regeneration project based solely on the values of social economy. Understand Avenue is the product of a public-private partnership, where both the public and private sector, under the support of the local government, were able to come together to create an innovative and buzzling hub that anyone can utilize, benefit, and enjoy.

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