'Gangbuk Big Catch' Bukgajwa6 Caught by DL E&C, Eyes 3 Trillion Club

Achieving Approximately KRW 2.5 Trillion in Urban Redevelopment Project Orders This Year

[Asia Economy Reporter Onyu Lim] DL E&C (formerly Daelim Industrial) has secured the construction rights for the Bukgajwa 6 District reconstruction project in Seodaemun-gu, considered a 'big fish' in the Seoul urban maintenance order market in the second half of the year. In its first year after corporate division, the company succeeded in winning orders across the board, from reconstruction to remodeling, bringing it close to joining the 3 trillion KRW club in urban maintenance project orders.

DL E&C announced on the 30th that it was selected as the construction company for the Bukgajwa 6 District reconstruction project on the 28th. After a fierce competition with Lotte Construction, 633 out of 1,198 total association members voted in favor of DL E&C.

The Bukgajwa 6 District project involves a construction cost of 535.1 billion KRW and was regarded as the largest reconstruction project in northern Seoul in the second half of the year. Upon completion, the district will be reborn as an apartment complex with a total of 1,970 households. DL E&C has proposed the complex name as ‘Acro Drev 372’.

The complex is designed with 100% slab-type floor plans featuring 4 to 6 bays and specialized views for all households. Within the complex, there will be a central plaza the size of five soccer fields, premium landscaping, and landscape design created in collaboration with world-renowned masters. A DL E&C official stated, "It appears that differentiated technologies such as noise reduction between floors have drawn positive responses from the association members."

With this order, DL E&C has achieved orders worth 2.496 trillion KRW in the urban maintenance business sector alone this year, rising to the top position in the industry. Currently, POSCO Construction has recorded 2.4176 trillion KRW, and GS Construction 2.1128 trillion KRW.

Accordingly, DL E&C is expected to join the 3 trillion KRW club this year. Previously, DL E&C secured orders for projects such as the reconstruction of U-dong 1 District in Haeundae-gu, Busan (551.5 billion KRW), remodeling of Sanbon Ureuk in Gunpo, Gyeonggi-do (322.5 billion KRW), reconstruction of Geomo 3 District in Siheung (122.9 billion KRW), remodeling of Yulgok Apartments in Sanbon (495 billion KRW), and redevelopment of Byeondong 12 District in Doma, Daejeon (167.5 billion KRW).

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