• Korean Journal of Construction Engineering and Management
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• v.16 no.5
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• pp.31-41
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• 2015

The telecommunication industry has been considered as a national fundamental infrastructure. However, due to the rapid evolution of technology and the change of industry market conditions, the telecommunication infrastructure needs no more huge space for facility and it leads its use to the mixed-use development based on private investment. This study intends to examine the financial feasibility of the development project for the optimal alternative use of telecommunication facility purpose site as a case study based on two types: contributed acceptance and multi-level designation. The NPA and IRR has been analyzed by the simulation of stochastic variables including rent price and its variation rate, vacancy rate, construction cost, capitalization rate and discount rate. The research finding indicates that the two types of development are satisfied with the financial feasibility and it is noteworthy that the rent price turns out to be the most critical factor for the project. Accordingly, it is expected that these research finding can be applied for providing the solid cases of financial feasibility analysis for the development project in limited use of telecommunication facility purpose site.

• Korean Journal of Environment and Ecology
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• v.33 no.1
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• pp.64-74
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• 2019

The purpose of this study is to assess the degree of vegetation recovery such as the vegetation change and the effect of artificial restoration measures according to the number of years since the restoration works at the damaged Jungbong and Nuebong area in Mudeungsan National Park. We set up a total of 21 survey areas including 11 monitoring areas to analyze the flora, relative dominance, species diversity, and similarity in the restored site after relocation of Zungbong army base in 1996 and the restored site after the demolition of Neeebong telecommunication facility in 1999 and 10 control areas in the adjacent natural forest to assess the vegetation recovery in the restored sites and the nearby natural forest. The Mean Similarity Index of seed composition was relatively low at 3.5% in the Jungbong restoration site 17 years after the restoration, and the height of shrub layer, in which azaleas and furred azaleas appeared, recovered to the level of 82.6%. We concluded that it is necessary to continue monitoring the restored sites to develop the recovery assessment method and recovery work technology for sub-alpine areas in Mudeungsan National Park and other national park areas.