Haeundae’s infamous “609” red-light district will be demolished by next March as the land has finally been sold to a hotel developer.
Speculation that the land would be sold soon and that the district would soon become part of Busan’s past has been reported since the beginning of this year.
A luxury 37-story hotel Pool Villa Residence Hotel is planned to be built in its place. Negotiations have been on-going since October, 2015 to develop the property.
The red-light district, which is located two roads behind Haeundae’s main beach road near the Haeundae Grand Hotel, is sandwiched between two new business hotels. It had 30 structures in and around the alleyways.
While originally considered on the outskirts of Busan 60 years ago when it was established, it has become a source of embarrassment for the district as hotels have developed around it since Haeundae grew into a major tourist area.
It’s also the last piece of land to be developed in the Haeundae Beach area — which was valued at around 10 billion won.
Last year, two other major red light districts in the city — Beomjeon 300 in Busanjin-gu and Wonil-dong in Seo-gu — were also closed down, however negotiations for developments have taken longer and not been completed.