Lotte Construction Wins Remodeling Contract for Mokdong 2nd Woosung Apartment... Worth 500 Billion KRW

Remodeling with Increased Number of Households... Reborn as 1,311 Units

Perspective view of the remodeling project for Mokdong 2nd Woosung Apartment, Yangcheon-gu, Seoul

On the morning of the 27th, Lotte Construction was selected as the contractor at the 'Mokdong 2nd Woosung Apartment Remodeling Project Contractor Selection General Meeting' held at the Jayuro Drive-in Theater in Paju, Gyeonggi-do.

Mokdong 2nd Woosung Apartment, located at 337 Sinjeong-dong, Yangcheon-gu, Seoul, was completed in March 2000 and is now in its 21st year. The complex covers a site area of 45,199.2㎡, consisting of 12 buildings with 3 basement floors and 15 to 18 above-ground floors, totaling 1,140 households, with a construction cost of approximately 494.4 billion KRW.

Lotte Construction plans to present a new apartment complex of 12 buildings with 4 basement floors to 27 above-ground floors and 1,311 households through a 'household increase-type remodeling' project that expands the residential exclusive area by up to 30-40% and allows an increase in the number of households by up to 15% of the existing units.

Lotte Construction will apply the Lotte Castle brand to Mokdong 2nd Woosung Apartment, offering a premium exterior specialization (Castle 3.0 latest design, curtain wall look and mega frame, large gateposts, two-story high building entrances, etc.) and install the largest community facilities in the Mokdong area, approximately 1,617 pyeong (rooftop garden, swimming pool, guest rooms, indoor swimming pool, business center tailored to the untact work-from-home trend, and a 27th-floor sky lounge with views of Galsan and Anyangcheon), establishing the best landmark complex in Mokdong.

A Lotte Construction official stated, "We will expand the remodeling participation and review targets from selective areas such as the Han River waterfront and the Gangnam 3 districts to include the first-generation new towns and the Gyeonggi-do area."

Meanwhile, Lotte Construction was previously selected as the contractor for the Jamwon Galaxy 1st Apartment remodeling project in 2019 and the Ichon-dong Hyundai Apartment remodeling project in 2020.

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