Hannam 3 to Hold General Meeting for Contractor Selection on the 21st Despite COVID-19

Administrative Order for Gathering Ban Delivered to Gangnam-gu Office on the 17th
Association "Insufficient Time to Change Venue... Property Rights at Stake"

[Asia Economy Reporter Onyu Lim] The Hannam 3 District Redevelopment Association in Yongsan-gu, Seoul, is pressing ahead with the general meeting to select a construction company despite the administrative order banning gatherings due to the novel coronavirus (COVID-19).

According to the association and the construction industry on the 19th, Hannam 3 District plans to hold the general meeting to select a construction company at 2 p.m. on the 21st at COEX in Samseong-dong, Gangnam-gu, Seoul.

Previously, on the 17th, Gangnam-gu Office delivered an administrative order banning gatherings to the Hannam 3 District association, instructing them not to hold events where members gather due to concerns over the spread of COVID-19. Consequently, COEX abruptly notified the association of the cancellation of the venue contract.

However, the association insists on going ahead with the general meeting to select the construction company. Lee Su-woo, head of the Hannam 3 District association, expressed determination in a text message sent to members the day before, stating, "The Hannam 3 District association will hold the general meeting to select the construction company only at COEX in Samseong-dong," and added, "Changing the venue again is already time-wise insufficient for gathering 2,000 members." He emphasized, "(Holding the general meeting to select the construction company) is a critical task involving our property rights."

The Hannam 3 District association originally planned to hold the meeting at Hyochang Stadium in Yongsan-gu, Seoul, but the venue was canceled due to the closure of public facilities amid the resurgence of COVID-19 infections. Accordingly, the association changed the venue to COEX, where the Banpo Jugong 1st Complex 3rd District (residential area) in Banpo-dong, Seocho-gu, Seoul, held their general meeting last month.

Hannam 3 District is the largest redevelopment site, demolishing old houses around 686 Hannam-dong and building 197 buildings with 5,816 households (including 876 rental units). The estimated construction cost is 1.888 trillion won. Hyundai Construction, Daelim Industrial, and GS Construction will participate in the general meeting to select the construction company.

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