The largest marina in Seoul is planned to be constructed at Jamsil Hangang Park in Songpa-gu, in the southeastern portion of the capital. The new facility is to accommodate 220 vessels, including yachts, as part of the city’s initiative to expand water leisure amenities.

The Seoul Metropolitan Government announced Friday that it had signed an agreement with private company Hangang Marina to carry out the project. Construction is slated to begin early next year, with completion and opening targeted for 2026.

The project, at an estimated cost of 75 billion won ($62.5 million), will be fully financed through private investment, with no public funds involved. Once completed, ownership of the marina will transfer to the city of Seoul, while the developer will retain operating rights for up to 20 years at no cost, according to the city government.

The initiative is a key component of Seoul's strategy to enhance water leisure culture and address the acute shortage of mooring spaces. As of January, there are 3,054 registered recreational watercraft in Seoul, yet mooring facilities are limited to just 285 spaces, meeting a mere 9.3 percent of the demand.

The shortage has often forced Seoul residents to rely on facilities in outlying areas such as Gimpo and Jebudo, both in Gyeonggi Province, according to the city. Recognizing the pressing need to expand local mooring options, the city aims to increase its capacity to accommodate up to 1,000 vessels in the long term, officials said.

On the Han River near Jamsil Sports Complex, Jamsil Marina will offer a dynamic space for local residents and tourists alike. The facility will include a clubhouse with management offices, cafes and restaurants, as well as a floating barrier to protect docked boats.

Seoul plans to utilize Jamsil Marina as a public space for cultural events and festivals, making it accessible to all. The centerpiece "Floating Park" is envisioned as a recreational zone offering relaxing views of the Han River and cultural performances, including busking.

Additionally, the marina will introduce "Hangang Stay" with unique floating hotel experiences aboard moored boats equipped with bedrooms and bathrooms, aspiring to become a new tourist attraction. Collaborative programs with professional groups will offer advanced water sports activities, while initiatives targeted at youth and marginalized communities will be implemented, according to Seoul city officials.

"Jamsil Marina will leverage the unique waterfront of the Han River to attract both domestic and international tourists and draw registered vessels moored in remote areas back to the heart of the city," Joo Yong-tae, director of the Future Hangang Project Headquarters at the Seoul Metropolitan Government said. "Our continued efforts will focus on expanding leisure opportunities for all people."