SK Ecoplant Wins Reconstruction Contracts for New Seoul Apartment in Hyoseong-dong, Incheon and Hyundai Apartment in Sungui-dong
[Asia Economy Reporter Kim Min-young] SK Ecoplant announced on the 16th that it has won the housing reconstruction and maintenance projects for ‘Hyoseong-dong New Seoul Apartment’ and ‘Sungui-dong Hyundai Apartment’ in Incheon.
The two projects combined total 960 households, with a total contract amount of approximately 212.2 billion KRW. The New Seoul Apartment reconstruction project is located in Hyoseong-dong, Gyeyang-gu, Incheon, and involves constructing apartments and ancillary welfare facilities consisting of 6 buildings ranging from 3 basement floors to 26 above-ground floors, totaling 601 households. Construction is scheduled to begin in 2025, with move-in expected in 2028. The total contract amount is 120.1 billion KRW.
The Hyundai Apartment reconstruction project is located in Sungui-dong, Michuhol-gu, Incheon, and involves building apartments and ancillary welfare facilities consisting of 3 buildings ranging from 3 basement floors to 35 above-ground floors, totaling 359 households. Construction is scheduled to begin in 2024, with move-in expected in 2027. The total contract amount is 92.1 billion KRW.
The New Seoul Apartment reconstruction site offers convenient access to surrounding areas via Jakseon Station on Incheon Line 1 and Bupyeong IC, while the Hyundai Apartment reconstruction project is accessible through Jemulpo Station on Subway Line 1 and Dohwa IC. Nearby schools include Incheon Hyoseong Elementary and Middle Schools, Sungui Elementary, Incheon Nam Middle, and Seonhwa Girls’ Middle Schools.
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An SK Ecoplant official stated, "We will actively expand our contract areas this year based on our extensive know-how in numerous urban maintenance projects."
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