GS Construction Subsidiary Wins 210 Billion KRW Modular Housing Project in the UK

GS Construction's steel modular subsidiary, Elements Europe, has signed a construction contract for the UK's largest 'modular rental housing' project.

Camp Hill project bird's-eye view. [Photo by GS Construction]

Elements Europe announced on the 26th that it has secured the Camp Hill project in Birmingham, UK, to construct six buildings ranging from 3 to 26 floors above ground, totaling 550 rental housing units and commercial facilities using steel modular construction methods. The contract is valued at approximately 210 billion KRW, with completion scheduled for the first half of 2026.

This redevelopment project is led by the UK-based specialist developer Goodstone Living and is a BTR (Build-to-Rent) business where the properties will be rented out after completion. As the main contractor, Elements Europe will build the rental housing and commercial facilities using steel modular construction. Over 1,100 modules, designed in-house, will be prefabricated at their own factory and transported to the site for installation. According to the company, this modular method minimizes potential environmental pollution at the construction site and significantly reduces noise, pollution, and congestion in the surrounding area.

GS Construction has been actively advancing its eco-friendly modular business by acquiring two leading European modular companies. Based on Elements Europe, a UK-based mid- to high-rise steel modular specialist acquired in 2020, and Danwood, a Poland-based wooden modular housing specialist, GS Construction is aggressively targeting the global modular market. Following the successful UK London office hotel modular project secured last year, Elements Europe is now proceeding successfully with the UK Birmingham modular housing project, aiming to expand the scale and scope of its modular business in the future.

Huh Yoonhong, Head of Future Innovation at GS Construction, stated, “We plan to gradually expand the scale and scope of our modular business through the successful execution of the largest modular housing project in the UK, in a modular construction market expected to grow continuously worldwide.” He added, “GS Construction aims to grow further as an ESG-leading company through eco-friendly new businesses, including modular construction.”

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