Samho-Daelim Wins Incheon Geumsong Redevelopment Project to Build 4,000 Households

Consortium Formed with Samho 80% and Daelim Corporation 20% Shares
"Creating a 5,670-Unit ePyeonhansesang Brand Town in Incheon Dong-gu Area"

Perspective view of the Geumsong Redevelopment Complex in Songnim-dong, Dong-gu, Incheon City

[Asia Economy Reporter Onyu Lim] The Samho-Daelim Corporation consortium announced on the 20th that it has won the redevelopment project of Geumsong District in Incheon for 628.9 billion KRW.

The Samho-Daelim Corporation consortium participated as the sole bidder at the Geumsong District construction company selection general meeting held on the 18th at the Inex Logistics Center in Dong-gu, Incheon, and was finally selected as the construction company. Samho holds an 80% stake and Daelim Corporation holds 20% in the consortium.

The Geumsong District redevelopment project involves constructing a total of 3,965 apartment units and ancillary welfare facilities on a 162,623.3㎡ site at 80-34 Songnim-dong, Dong-gu, Incheon. The complex will consist of 26 buildings ranging from 3 basement floors to 46 above-ground floors. Geumsong District is a prime location near Dowon Station on Subway Line 1, offering excellent transit access. It allows quick vehicle access to the First and Second Gyeongin Expressways. Nearby schools include Changyeong Elementary, Dongmyeong Elementary, Dongsan Middle, Jaeneung Middle, and Incheon Girls' High School, providing a superior educational environment. Additionally, convenience and medical facilities such as Homeplus, E-Mart, and Incheon Paik Hospital are located nearby.

A Samho official stated, “Near Geumsong District is the Jeondogwan District redevelopment site (1,705 units) won in 2017,” adding, “Through this redevelopment project, we will create an e-Pyeonhansesang brand town with 5,670 units in the Dong-gu area of Incheon.”

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