First 'Acro' Outside the Capital Area... DL E&C Wins Busan Samho Garden Reconstruction Contract

Obtained 808 Votes in Favor out of 896 Members at the Construction Company Selection General Meeting

[Asia Economy Reporter Onyu Lim] DL E&C (formerly Daelim Industrial), launched this year, has recorded its first urban redevelopment project contract.

DL E&C announced on the 29th that it was selected as the construction company for the Haeundae-gu Udong 1 District (Samho Garden) reconstruction project, considered a major catch in the Busan reconstruction market. At the general meeting for selecting the construction company held on the 27th, DL E&C won overwhelming support with 808 votes in favor out of 896 attending union members, successfully securing the contract.

Udong 1 District is regarded in the Busan real estate industry as a foothold for securing redevelopment projects in Haeundae-gu and the Busan area. It has been highlighted as a landmark with the largest-scale redevelopment site near Centum City, a representative affluent area in Busan, and a prime location with excellent transportation access.

The Udong 1 District reconstruction project will involve a total construction cost of approximately 550 billion KRW (based on DL E&C's bid) and will be transformed into a complex of 14 buildings ranging from three basement floors to 28 above-ground floors, comprising a total of 1,481 residential units and ancillary facilities. Notably, this complex will be the first application of DL E&C’s high-end brand ‘ACRO’ outside the metropolitan area. The complex will be named ‘ACRO One Hyde.’ Union members expressed high expectations for the ‘ACRO’ brand, a representative symbol of high-end residential living.

DL E&C proposed a complex design that maximizes view premiums, unique exterior designs, and top-tier community facilities for ACRO One Hyde. It applied the finest residential design, including premium facade designs that will establish a new landmark in Haeundae, various types of terrace houses, and large-scale landscaping spaces. On the front of the complex, the ‘Triple Landmark Tower’ will feature a ‘Sky Lounge’ on its top floor, and differentiated community amenities such as a private spa, water park, fitness & private PT room, and a duplex-style indoor golf club were proposed.

A DL E&C official stated, "We will do our best to make ‘ACRO One Hyde’ the best landmark complex representing not only Haeundae and Busan but all of Korea by fully reflecting DL E&C’s comprehensive capabilities, which have led residential innovation through unparalleled technology, and the supreme residential philosophy pursued by ACRO.”

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