Samsung C&T Selected as Contractor for 447.6 Billion KRW 'Ichon Kolon' Remodeling Project

Ichon Kolon Remodeling Perspective View (Photo by Samsung C&T)

[Asia Economy Reporter Ryu Tae-min] Samsung C&T Corporation's construction division announced on the 17th that it has been selected as the contractor for the remodeling project of the ‘Ichon Kolon’ apartments in Ichon-dong, Yongsan-gu, Seoul.

The Ichon Kolon Remodeling Association selected Samsung C&T as the contractor at the general meeting held on the 16th. The Ichon Kolon remodeling project involves constructing 10 apartment buildings with 959 households and ancillary facilities on the site at 412 Ichon-dong, Yongsan-gu, Seoul, with a scale of 6 basement floors to 25 above-ground floors. The construction cost is approximately 447.6 billion KRW.

Samsung C&T proposed ‘Raemian East Village’ as the new complex name for Ichon Kolon remodeling. The plan is to inherit the symbolism of the name ‘Dongbu Ichon’ while creating a quiet, luxurious, and trendy complex similar to the East Village in southern Manhattan, New York.

Many specialized designs were also prepared. Reflecting the characteristics of the complex adjacent to Yongsan Family Park, a sky community will be created, and the living rooms will be oriented toward the park to allow residents to enjoy an open view even from inside their homes. The exterior will feature sidewall art facade designs and a curtain wall look emphasizing verticality, and lighting shaped like starlight and main gate pillars will be proposed to create a symbol for the complex.

A Samsung C&T official stated, "We will do our best to become a partner that enhances the value and status of the Ichon Kolon remodeling project based on Raemian’s differentiated products and remodeling project experience."

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