In recent years, the change of urban function and the decrease in birth rate have given rise to merge, abolition and relocation of the existing building in cities. This study explores the possibilities for various land utilizations of relocated urban sites. In doing so, it compares the development methods and the utilization pattern between home and abroad. It analyses the land use categories and the development methodologies of 4 relocated urban sites happened in Seoul and 4 foreign sites. In addition, it analyzes the land utilization after relocation, development principals, area, building usage and changes in land use regulation. Finally, it proposes the directions for developing relocated site and each of roles among the parties concerned. This study concludes that it is available to exploit the relocated urban sites by the variety of development methodologies, especially in a metropolis like Seoul.