Halla Wins 71.1 Billion KRW Contract for Jeonju Girin-ro Regional Housing Association Construction...

[Asia Economy Reporter Kim Yuri] Hanla has won a contract worth approximately 71.1 billion KRW for the 'Jeonju Girin-ro Regional Housing Association Mixed-Use Complex New Construction Project.'

Hanla announced on the 21st that it signed a contract on the 18th for the Jeonju Girin-ro Regional Housing Association Mixed-Use Complex New Construction Project commissioned by the association. The project site is located at 287-15 Jinbuk-dong, Deokjin-gu, Jeonju-si, Jeollabuk-do, with a total floor area of 50,859㎡. The project involves constructing 300 residential units (3 buildings, basement 3 floors to ground 23 floors), 40 officetel units, and auxiliary welfare facilities. Of the total 300 units, 132 are for general sale. Construction and sales are scheduled to begin in April next year. After a 32-month construction period, occupancy is expected in November 2023.

The Jeonju Girin-ro Regional Housing Association Apartments are located along Jeonju's main road (Girin-daero). With planned developments nearby such as the Jeonju Sports Complex site development and urban regeneration projects, the residential environment is expected to improve. The location offers easy access within the region via Girin-daero, Paldal-ro, and Indeokwon-ro, and is close to Jeonju Station and the bus terminal, providing excellent metropolitan transportation networks. Additionally, numerous educational facilities including Jeonil Elementary School, Jeonju Elementary School, Jungang Middle School, Jeonju High School, and Hanil High School are located within a 1 km radius of the project site.

Meanwhile, Hanla plans to sequentially proceed with its own and subcontracted projects in the metropolitan area, including the 'Yangpyeong Station Hanla Vivaldi (1,602 units)' sales in Yangpyeong, Gyeonggi-do, scheduled for the first quarter of next year, as well as projects in Icheon and Bucheon. Regional housing association projects in Ulsan, Yongin, and Gwangyang, which have been underway, are also expected to accelerate. Additionally, a redevelopment sales project in Gamnamugol, Jeonju, is planned for the second half of next year.

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