Hoban Selected as Preferred Negotiation Partner for Apartment Construction Project at Deogeun District A3 Block

A3 Block Bird's-eye View of Deogeun District, Goyang-si, Gyeonggi Province (Provided by Hoban Construction)

[Asia Economy Reporter Chunhee Lee] Hoban Construction has successfully secured the contract for the construction of a 560-unit apartment complex in Deogeun District, a residential development area near Seoul.

On the 21st, Hoban Construction announced that it was selected as the preferred bidder for the construction of the apartment complex in Block A3 of Deogeun District, Goyang City, Gyeonggi Province. This project involves building a total of 560 apartment units from two basement floors to 23 floors above ground in Block A3 of Deogeun District, with construction scheduled to begin in the second half of this year.

Deogeun District, where the project is underway, is located adjacent to the Seoul city boundary and is also connected to the Sangam business district, allowing residents to enjoy the Seoul living area. Residents can comfortably enjoy various natural environments such as Nanji Hangang Park, World Cup Park, and Sky Park. Hoban Construction plans to design some units with views of the Hangang River.

The transportation conditions are also excellent. By using the Gayang Bridge to cross the Hangang River, it is possible to access Gangseo-gu, Seoul, and it is convenient to travel to the metropolitan area using roads such as Jayuro, Olympic-daero, and World Cup-ro. Additionally, the World Cup Bridge is scheduled to be completed in December, and once the Western Metropolitan Railroad Wonjong-Hongdae Line is finished, a station tentatively named Deogeun Station will be established, enabling smoother metropolitan transit.

There is also a forecast that the Western business district belt connecting Seoul’s Magok and Sangam will be created once the Deogeun District Media Valley Complex Town, promoted by Goyang City, is established.

A Hoban Construction official said, "We were selected as the construction company due to favorable evaluations in construction quality and the brand recognition of Hoban Summit," adding, "We will strive to make this a landmark complex in Deogeun District that matches its excellent location, including transportation, residential comfort, and Hangang River views from some units."

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