Daelim Wins Reconstruction Contract for Bangbae Samik... New Name is 'Acro Ritz County'

Daelim Wins 230 Billion KRW Contract for 721-Unit Bangbae Samik Apartment Reconstruction Project
World-Renowned Architect Jerde Participates in Design

[Asia Economy Reporter Onyu Lim] Daelim Industrial has won the reconstruction project of Bangbae Samik Apartment in Bangbae-dong, Seocho-gu, Seoul. With this, Bangbae Samik Apartment will be reborn as 'Acro Ritz County,' a high-end residential complex with about 720 households under Daelim Industrial's high-end brand Acro.

Daelim Industrial announced on the 25th that it was finally selected as the construction company at the contractor selection general meeting held on the 24th at Eluce Convention Wedding in Banpo-dong, Seocho-gu, Seoul. The contract amount is approximately 230 billion KRW. The new complex name is Acro Ritz County. Acro Ritz County consists of residential facilities and commercial spaces with 8 buildings, 721 households, ranging from 5 basement floors to 27 above-ground floors.

The design of Acro Ritz County involved the world-renowned architectural firm Jerde. Jerde is recognized for its capabilities, having designed Japan's premier signature complex Roppongi Hills, the iconic 5-star hotel Bellagio in Las Vegas, and the Dubai International Financial Centre (DIFC), among others.

Bangbae Samik Apartment is located in the area of 1018-1, Bangbae-dong, Seocho-gu. It consists of 408 households and received project implementation approval in May last year. The association had previously selected Daelim Industrial as the preferred negotiation partner after two rounds of contractor selection bidding in October and December last year, in which Daelim Industrial was the sole bidder.

Daelim Industrial's high-end residential brand Acro is rewriting the history of Korean apartments by opening the era of 100 million KRW per 3.3㎡, the highest price among domestic apartments. It has been globally recognized for its status and value by winning the main prize at the German iF Design Award, one of the world's top three design awards. Recently, the real estate application Dabang also announced survey results showing Acro as the number one most desirable high-end brand apartment to live in.

A Daelim Industrial official said, "We plan to develop Acro Ritz County as a top-class residential complex," adding, "Based on the residential philosophy pursued by Acro, we will create the best residential masterpiece that will remain unchanged even after a long time."

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