• Title/Summary/Keyword: Store Rent inside Subway Station

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Effects of Facilities Linked to the Subway Stations on the Rent of Commercial Spaces Inside the Stations (지하철역과 연계된 시설이 역사 내부 상업공간 임대료에 미치는 영향)

  • Cho, Young-Hai;Lee, Myeong-Hun
    • The Journal of the Korea Contents Association
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    • v.22 no.1
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    • pp.261-273
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    • 2022
  • This study aims to analyze whether facilities linked to the inside and outside of the station affect the revitalization of commercial spaces inside the station where individual rental stores are clustered. Rent, which can replace sales, was set as the determining factor for revitalization. In addition to the variables related to sales, culture, office work/residential, public institutions, and transportation facilities, the independent variables were the number of daily passengers, which is a location factor of the station, and the product sales business, which accounts for the largest number of industries in the commercial space inside the station. As a result of regression analysis, it was proved that rent has an effect on product sales business, linked sales facilities, transportation facilities, and the number of passengers on board. These results indicate that the formation of sales products that can increase purchasing power and the direction of facility linkage that can increase the inflow population into the station are needed to revitalize commercial spaces in the station. In this study, the establishment of a living-friendly SOC for residents' convenience daily life was suggested as a policy management plan for stations with a high vacancy rate due to reduced vitalization.