Daelim Announces Bid for Sinbanpo 15th Complex... Complex Name 'Acro Hydewon'

[Asia Economy Reporter Onyu Lim] Daelim Industrial’s ‘Acro’ has thrown its hat into the ring for the Shinbanpo 15th Reconstruction Project in Seocho-gu, Seoul. On the 13th, Daelim Industrial confidently stated, “Through this bidding competition, we will maximize the value of Shinbanpo 15th as an unparalleled ‘high-end’ brand leading the best residential value and culture in Korea.”

Daelim Industrial proposed the complex name ‘Acro Hyde One.’ It is a combination of Acro, which has grown into Korea’s top high-end residential brand, and ‘The one,’ meaning the only Acro brand town. The name signifies reaching the pinnacle of true high-end through the best products and design. In fact, Daelim Industrial’s Acro recently won the main prize in the communication category at Germany’s iF Design Award, one of the world’s top three design awards, marking the first time a high-end residential brand in Korea has received this honor.

Last year, the price increase rate for large complexes with over 1,500 households was nearly twice as high as that of single complexes with around 500 households. This is due to active market liquidity, advantages in securing large commercial districts and convenience facilities, and development benefits centered around large complexes. Daelim Industrial plans to develop and integrate ‘Acro Hyde One,’ adjacent to ‘Acro Riverpark,’ which has become Korea’s most expensive apartment with prices reaching 100 million KRW per pyeong, into a single brand town to create synergy for the large complex.

To this end, Daelim Industrial promised to complete the groundbreaking and sales of ‘Acro Hyde One’ by April 2020, the grace period for the price ceiling system, resolving delayed schedule issues and maximizing the benefits for the union members. They added stability and trust to the project by conducting schedule simulations and prior reviews, selecting legal experts to resolve legal risks, and announcing zero additional charges.

Daelim Industrial pledged landmark exterior design, privacy protection solutions, landscaping philosophy for the top 0.1%, and total smart construction utilizing big data and artificial intelligence to the Shinbanpo 15th reconstruction union members.

A Daelim Industrial official said, “Acro Hyde One will be the first 2020 Acro project to fully upgrade all product values including design, location, quality, technology, and service. We expect it to become a 2,253-household signature brand town together with Acro Riverpark, Korea’s top residential complex, rather than a single complex of 641 households.”

Meanwhile, the Shinbanpo 15th Reconstruction Project is a redevelopment project of Shinbanpo 15th Apartments located at 12 Banpo-dong, Seocho-gu, Seoul, into six buildings ranging from four basement floors to 35 above-ground floors, totaling 641 households. A new construction company is scheduled to be selected through a union general meeting on April 1.

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