Cities facing unsustainable development and climatic changes are increasingly adopting green infrastructure as a strategy for both sustainable growth and mitigating climate-related risks. Against this background, this study aims to explore the impact ...
Cities facing unsustainable development and climatic changes are increasingly adopting green infrastructure as a strategy for both sustainable growth and mitigating climate-related risks. Against this background, this study aims to explore the impact of green infrastructure projects on the neighborhood change, using the Cheonggye Stream Restoration Project in Seoul, South Korea, as a case study. This paper specifically investigates impact boundary of green gentrification and heterogeneous effects of green gentrification across different land use types by analyzing micro-scale urban changes at the parcel-level. This paper also controls the effect of policy intervention such as redevelopment district and up-zoning designation in the studied area. The main findings of the study were: 1) The probability of building permit issuance and land value increased after the introduction of green infrastructure, with an impact boundary of 300 meters. 2) The effects of green gentrification were stronger in commercial than residential areas, with the main change being repurposing. 3) The Cheonggye stream project resulted in a decrease in urban manufacturing and an increase in high value-added industries, suggesting a shift in industry composition and potential displacement of manufacturing employees. By analyzing the impact boundary of green infrastructure projects, policymakers can identify specific impact boundary and develop differentiated strategies that take into account interactions with various land use regulations. Efforts should be made to balance economic benefits with social considerations by ensuring the participation of migrants in the process of revitalizing neighborhoods with green infrastructure and supporting the relocation of urban manufacturing clusters.