DL E&C Selected as Contractor for 1.6 Trillion KRW 'Busan Chokjin 3 District' Project

Perspective view of Acro La Roche.

Largest Contract Secured in the Second Half of This Year

Cumulative Orders Surpass 4 Trillion Won, Setting a New Record

[Asia Economy Reporter Kim Min-young] DL E&C announced on the 7th that it has been selected as the construction company for the Busan ‘Chokjin 3 District Housing Redevelopment Project’.

The Busan Citizens Park Chokjin 3 District Housing Redevelopment Project Association held a general meeting on the 6th to select the construction company and finally chose DL E&C. Chokjin 3 District, located in Beomjeon-dong, Jin-gu, Busan, was designated as ‘Special Architectural Zone No. 1’ by Busan City in 2020. Adjacent to the project site is Busan Citizens Park, the largest park in Busan, making it poised to become a landmark complex representing the entire city of Busan in the future.

The total construction cost is 1.6073 trillion won, and DL E&C will undertake the construction independently. Through this contract, DL E&C has achieved a cumulative order amount of 4.2317 trillion won in urban maintenance and remodeling projects this year, surpassing the previous record of 3.3848 trillion won set in 2016.

DL E&C proposed the complex name ‘ACRO Laroche,’ combining its high-end brand ‘ACRO’ with the meaning of ‘Lhotse,’ the world’s fourth highest peak in the Himalayas. DL E&C plans to transform Chokjin 3 District into a large complex consisting of 18 apartment buildings up to 60 stories high, totaling 3,554 households, along with various auxiliary welfare facilities.

ACRO Laroche will be developed in collaboration with the world-renowned architectural design group ‘smdp,’ which also participated in the design of ACRO Seoul Forest, and the landscape design group ‘swa,’ known for major projects such as Burj Khalifa and Disneyland.

The complex will feature a building layout plan and unit designs that allow all association members to enjoy views. Accordingly, residents will be able to enjoy ‘Park View’ overlooking Busan Citizens Park, ‘Nature View’ with views of downtown Busan and Hwangnyeongsan Mountain, and high-floor ‘Ocean View’ that adds a view of Suyeong Bay.

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