GS Construction Unveils Reconstruction Blueprint for Hannam Heights in Oksu-dong

Aerial view of Hannam The River.

[Asia Economy Reporter Donghyun Choi] GS Engineering & Construction unveiled the blueprint for the reconstruction complex of Hannam Heights in Oksu-dong, Seongdong-gu, Seoul.

On the 14th, GS Engineering & Construction announced plans to redevelop Hannam Heights as "Hannam Xi The River," creating a new landmark along the Han River. The existing Hannam Heights, consisting of 8 buildings and 535 households, will be transformed into 10 buildings ranging from 6 basement floors to a maximum of 20 floors above ground, with a total of 790 households.

GS Engineering & Construction is collaborating with global architectural firm 10 DESIGN and domestic landscaping contractor Samsung C&T Resort Division (formerly Everland) to provide a unique exterior design and high-quality landscaping for the complex. Leveraging Hannam Heights’ prime location by the Han River, the number of units with river views will be increased to 305. Specifically, this includes 59 units with fully installed pocket terraces, 235 units with terrace-type open balconies, and 11 units with rooftop terraces. Notably, through floor plan specialization, the terrace-type units, which have recently gained attention as desirable living spaces, will be maximized to 347 units, with each unit’s floor plan uniquely optimized to enhance value. Attic and terrace spaces are considered service areas and are not included in the exclusive area, applying to about 50% of the units. A GS Engineering & Construction official stated, "Although the design changes fall within 10% of the union’s plan and are minor, we have maximally reflected the union members’ requests and can present detailed plans because we are confident in our specialized floor plans and design capabilities."

The community facilities also attract attention. Basic amenities such as fitness centers, swimming pools, and saunas included in the original union plan have been upgraded, with additional features like a sky lounge, pet caf?, audio room, and guest house added. Specialized landscaping includes the ‘Mirror View House,’ a high-end outdoor gallery free from fine dust concerns, and the ‘Chandelier Water Gallery,’ designed to evoke the Palace of Versailles and offer views of the Han River sunset. Furthermore, all finishing materials are imported premium products, and high-end kitchen furniture such as Eggersmann will be provided.

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Hannam Xi The River is gaining attention for its eco-friendly design. The biotope (urban habitat for living organisms) will be fully restored to create an environmentally friendly complex. The area of the biotope lost due to community facilities, elevators, walking paths, and road construction will be compensated to maintain an eco-friendly environment. Additionally, GS Engineering & Construction plans to apply the Sysclean air purification system, jointly developed with its subsidiary Xi S&D, to minimize fine dust and create a clean complex. The underground parking spaces per household will be increased from 1.76, as proposed in the original union design, to 1.9 to enhance residential comfort. The construction cost is 13.2 billion KRW lower than the union’s estimated cost. Moreover, to address past controversies over opaque accounting related to free upgrades, detailed disclosures of quantities, unit prices, and amounts by item have been made to increase transparency.

A GS Engineering & Construction official said, "Hannam Heights is a promising complex that will upgrade the value of the GS Xi brand, and we have been preparing for a long time. We plan to develop Hannam Heights as a representative luxury complex in northern Seoul and a landmark along the Han River, making it a flagship project for Xi."

Meanwhile, the Hannam Heights residential reconstruction project saw GS Engineering & Construction participate alone in the bidding at the end of October last year, but the selection of the contractor was unsuccessful. In the bidding that closed on December 26 of the same year, GS Engineering & Construction and Hyundai Engineering & Construction participated. The union plans to hold an extraordinary general meeting on the 18th to select the contractor through voting.

This content was produced with the assistance of AI translation services.