LH Selects Preferred Negotiation Partners for Publicly Supported Private Rental Housing

[Asia Economy Reporter Yoo In-ho] LH announced on the 23rd that the Jeil Construction Consortium was selected as the preferred negotiator for Incheon Geomdan, Woomi Construction for Happy City, and Seohan Construction Consortium for Incheon Yeongjong in the ‘2019 4th Public Support Private Rental Housing Private Business Operator’ public offering evaluation results.

The consortiums selected this time are the preferred negotiators of the 2019 4th public offering announced by LH in December last year, and were finally decided through the project plan review by the evaluation committee on the 20th.

In this public offering, the guidelines were improved so that private business operators design and construct housing at or above the minimum quality standards.

The companies selected as preferred negotiators proposed project plans and residential services considering the conditions of each district based on a business structure that meets the requirements presented in the public offering criteria.

The Jeil Construction Consortium of Incheon Geomdan proposed a ‘Chameleon Residential Building’ tailored to the characteristics of each demand group and an eco-friendly outdoor space plan where the community and residents can coexist, and configured housing with floor plans that guarantee private space while enabling communal living. Customized residential services include 24-hour care centers and safe childcare services, expert education services such as ‘Self-learning Lounge,’ and exchange and communication services such as employment training rooms and shared offices.

Woomi Construction of the Administrative City Complex proposed a residential space characterized by verified residential services and a clean complex as a specialized participant in rental housing. Residential services reflecting the needs of each household include all-day care services for newlyweds, common living rooms, and plans to realize a fine dust-free complex.

The Seohan Construction Consortium of Incheon Yeongjong presented a complex with harmonious scenery and various shared spaces reflecting the characteristics of young people. Customized residential services planned include global childcare services connecting the international city and childcare, health management and convenience support, and group cultural classes.

The preferred negotiators selected this time will proceed with the project through procedures such as establishing a rental REIT after consulting on the project plan with the Housing and Urban Guarantee Corporation, fund investment review, commencement of housing construction, and recruitment of residents.

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