Hyundai Engineering Signs Construction Contract for 'Smart K Office Facility' in Gwacheon Knowledge Information Town

[Asia Economy Reporter Yuri Kim] Hyundai Engineering announced on the 29th that it has signed a contract worth 160 billion KRW for the construction of the Gwacheon Knowledge Information Town 'Smart-K Office Facility New Construction Project.'

The Gwacheon Smart-K Office Facility New Construction Project involves building office and commercial facilities with a total floor area of 132,000㎡ (40,000 pyeong) on site 6BL of Gwacheon Knowledge Information Town, Gwacheon-si, Gyeonggi-do. The building will have 4 basement floors and up to 15 floors above ground. The construction period is 24 months from the start of construction.

The 6BL site of Gwacheon Knowledge Information Town, where the Smart-K Office Facility will be located, is the largest in area within the residential district. The company expects it to become the largest office and commercial facility representing Gwacheon Knowledge Information Town after completion. In particular, it is an ultra-station area location where the Gwacheon Knowledge Information Town Station (planned) on Subway Line 4 will be built on the east side of the project site.

The project implementer, 'Smart-K PFV,' includes nine companies participating in investment, centered on the lead manager Shinsung ENG, along with financial manager Leading Investment Securities, Seonjin Engineering Architecture Office, Kyungdong Engineering, Ilseong Pharmaceutical, Kyungdong Pharmaceutical, Mooyoung CM Architecture Office, Newgens, and Comprehensive Architecture Office Geunjeong.

Meanwhile, Hyundai Engineering recently won the contract for the 'Gongpyeong 15, 16 District Urban Maintenance-type Redevelopment New Construction Project,' which involves building two office and commercial buildings with 8 basement floors and up to 17 floors above ground in the central business district (CBD) of Jongno-gu, Seoul.

A Hyundai Engineering official said, "By consecutively taking on domestic office and commercial facility construction projects in Seoul and Gwacheon, which are considered major urban centers in Korea, we have externally demonstrated our top-level architectural capabilities and construction quality. Since this project is built on the largest 6BL site within Gwacheon Knowledge Information Town, we will make every effort to ensure safety and quality so that it can become a landmark building representing the region."

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